THE Social Security System (SSS) has released around P3-million worth of death and funeral benefits to families of the 38 victims who perished in the New City Commercial Center (NCCC) fire incident December last year.
In Monday's Kapehan sa Dabaw at The Annex Building, SM City Davao, SSS Public Information Officer Mario Daray said the families of the victims who died in the fire have claimed the benefits after completing all the necessary requirements.
Through the special counter for families of the fire victims that the SSS set up in the wake of the incident, the families were given an avenue where they can expedite the process and do transact the SSS benefits of their demise relative.
Based on the SSS record, as of March 14, the SSS pension fund released P862,606.15 worth of funeral grants to the families of the 38 SSS members and P2.4-million worth of death benefits for the 36 beneficiaries.
Daray said there are only 36 because two of the victims have not filed their SSS application.
He said SSS President and Chief Executive Officer Emmanuel F. Dooc prioritized the release of their benefits to help the families in facilitating the funeral of their relative.
"We are saddened by the untimely demise of the 38 members. SSS hopes that with the release of death and funeral benefits, we were able to help them provide a decent funeral for their loved ones, as well as give them support to their everyday needs," Dooc said.
There are a total of 38 SSS members who died in the NCCC fire and 37 of them were employees of Survey Sampling International (SSI) and the other one was an NCCC Mall employee.
The death benefit could be given through the monthly pension and the lump sum amount. The monthly pension is granted only to the primary beneficiaries of a deceased member who had paid 36 monthly contributions before the semester of death.
On one hand, the SSS Funeral Benefit is the amount given to whomever pays the burial expenses of the deceased SSS member or pensioner. It could be relatives or not as long as they can show proof that they are the one that paid the expense.
The amount of the funeral grant ranges from a minimum of P20,000 to a maximum of P40,000, depending on the member's paid contributions and credited years of service.