SSS to Hike Pensions Starting Sept. - BusinessWorld Online
PHILIPPINES, JUL 31 – The Social Security System will increase pensions by up to 33 percent over three years for 3.8 million pensioners without raising member contributions or compromising fund stability.
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SSS to hike pensions starting Sept. - BusinessWorld Online
THE SOCIAL Security System (SSS) is implementing a landmark pension reform program starting this September, which will gradually increase the monthly pensions of all pensioners over a three-year period. The Social Security Commission (SSC) approved the SSS Pension Reform Program, which features a structured, three-year increase in pensions for all SSS pensioners, on July 11. This is the first multi-year adjustment of pensions in the SSS’ 68-year…
SSS to roll out 10%, 3-year pension hike
(UPDATE) STARTING in September, state-run pension fund Social Security System (SSS) will roll out a Pension Reform Program which will implement a three-year increase in pensions for all SSS pensioners.The pension increases will be introduced in three stages over three years, every September.In September 2025, retirement and disability pensioners as of Aug. 31 will receive a 10-percent increase, and death or survivor pensioners will receive a 5-p…
SSS announces 3-year pension increase sans contribution hike
MANILA, Philippines — The Social Security System (SSS) announced a three-year pension increase starting September 2025, a move that will benefit 3.8 million pensioners without imposing a contribution hike. After three years, pensions will have increased by approximately 33 percent for retirement/disability pensioners and 16 percent for death/survivor pensioners. READ: Palace won’t stop ‘well-studied’ SSS hike for now The increases will be implem…
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