Increase in Funeral Benefit from P10,000 to P12,000
SSS Circular No. 27-V, issued on June 3, 1997, announces an increase in the funeral benefit provided to members of the Social Security System (SSS) in the Philippines. The benefit has been raised from P10,000 to P12,000, effective May 24, 1997. This financial assistance is intended to help cover the costs of funeral expenses for deceased members, including those who are permanently totally disabled or retirees. The adjustment aligns with Section 13-B of Republic Act No. 1161, as amended by Republic Act No. 8282.
June 3, 1997
SSS CIRCULAR NO. 27-V
| TO | : | All Members |
| SUBJECT | : | Increase in Funeral Benefit from P10,000 to P12,000 |
Pursuant to Section 13-B of Republic Act No. 1161, as amended by Republic Act No. 8282, a funeral grant equivalent to P12,000 shall be paid, in cash or in kind, to help defray the cost of funeral expenses upon the death of a member, including permanently totally disabled member or retiree for contingencies effective 24 May 1997.