Upon the death of an SSS retiree pensioner, the primary beneficiaries as of the date of retirement shall be entitled to 100 percent of the monthly pension and the dependents to the dependents’ pension.
If the retiree pensioner dies within sixty (60) months from the start of the monthly pension and has no primary beneficiaries, the secondary beneficiaries shall be entitled to a lump sum benefit equivalent to the total monthly pensions corresponding to the five-year guaranteed period excluding the dependents’ pension.
