SSS Hits Historic Milestones: ₱143 Billion Net Income and Reserve Fund Breaks ₱1 Trillion for the First Time
The Social Security System just dropped some seriously good news for Filipino workers and retirees — a record-breaking net income of ₱143 billion, with the pension fund’s reserve hitting the ₱1-trillion mark for the very first time in SSS history.
SSS President and CEO Robert Joseph Montes announced that the 10 percent yearly increases for retirement and disability pensions, plus 5 percent for survivor pensions that started in 2025, will continue all the way through 2027. That’s three straight years of pension hikes — a massive deal for retirees.
The numbers are impressive across the board: ₱304.9 billion was paid out in pensions and benefits to some 5.7 million members last year, while ₱61.1 billion went to loans for workers and their families. An additional 1.2 million members also gained loan access, and the pension loan program was expanded to cover survivor pensioners.
Para sa mga nagtatrabaho at retirado, this is more than just statistics — it’s food on the table, medicines within reach, and grandchildren staying in school. The SSS called it a reaffirmation of the state’s ‘solemn covenant’ with Filipino workers.
The challenge ahead? Expanding coverage to informal workers and micro-entrepreneurs who still fall outside the system. But for now, the SSS is on a roll — and millions of Filipinos are better off for it.
Source: Manila Bulletin
