QuestionsQuestions (EXECUTIVE ORDER NO. 402)
To grant medical care benefits to Social Security System (SSS) old-age pensioners and their dependents, effective May 1, 1990, without requiring additional contributions.
Effective May 1, 1990.
SSS old-age pensioners and their dependents.
No. The benefits are granted without need of any additional contribution.
The medical care benefits presently prescribed in Executive Order No. 365.
Under the then existing SSS policy, only active members and their dependents had medical care benefits.
It aimed to be consistent with the policy for their counterpart old-age pensioners in the Government Service Insurance System (GSIS).
Actuarial studies showed that the Health Insurance Fund administered by the SSS for Medicare beneficiaries can finance the benefits of SSS old-age pensioners and their dependents without impairing the Fund’s viability.
The Health Insurance Fund administered by the SSS for Medicare beneficiaries in the private sector.
EO 402 incorporates by reference those existing medical care benefits as the benefits to which SSS old-age pensioners and their dependents are entitled.
It does not describe new benefits; instead, it extends the medical care benefits already prescribed in EO No. 365 to SSS old-age pensioners and dependents.
It shall take effect immediately.
Yes. EO 402 takes effect immediately as a legal matter, but the entitlement to medical care benefits is specifically effective on May 1, 1990.
It expressly expands entitlement beyond the pensioner to include dependent beneficiaries, aligning the coverage with how medical care benefits are provided to active members and their dependents.