SSS reserve funds top PHP 1 trillion in 2025

Members of the Social Security System (SSS) can be assured their pensions remain secure, Finance Secretary and Social Security Commission Chair Frederick D. Go said after the agency reported its strongest financial performance to date, positioning the fund for long-term sustainability for generations of Filipinos.

In 2025, SSS posted a net income of PHP 142.97 billion, a 58.4 percent increase from the previous year, while total assets rose to PHP 1.26 trillion, up 22.1 percent from PHP 1.03 trillion in 2024.

For the first time in its history, the SSS Reserve Fund surpassed the PHP 1 trillion mark, a milestone the agency said strengthens resilience against economic shocks, improves its ability to manage demographic pressures such as an aging population, and helps ensure it can meet future benefit obligations.

“This record performance and over 1 trillion-peso reserve fund level send a clear message to SSS members: your pensions are secure; your benefits sustained,” Go said.

“Guided by President Ferdinand R. Marcos, Jr.’s directive to enhance benefits and strengthen governance, we are building a social security system that is financially resilient and more responsive to the needs of every Filipino,” he added.

SSS President and Chief Executive Officer Jay de Claro credited the improved results to sustained fiscal discipline, strengthened fund governance, and long-term reforms aimed at protecting members’ contributions and preserving the fund’s actuarial soundness, a measure of whether a pension system can meet obligations over time.

“Surpassing the 1 trillion peso mark in our Reserve Fund is a historic milestone and a strong affirmation of our duty to every Filipino worker and pensioner who relies on SSS. This performance reflects prudent stewardship of members’ contributions, strengthened governance, and our continuing commitment to deliver secure and sustainable benefits—today and for generations to come,” he said.

Beyond investment and operating gains, SSS implemented its first-ever annual pension increase in 2025, providing yearly increases of 10 percent for retirement and disability pensions and 5 percent for survivor pensions from 2025 to 2027.

The pension reform is expected to support household consumption among pensioners and contribute to broader economic growth, as higher and more predictable benefits can translate into steadier spending on essentials.

SSS also rolled out the MySSS Card, described as a fully functional debit card linked to a savings account, to make benefit and loan disbursements more convenient for members and reduce friction in accessing funds.

In 2025, SSS disbursed PHP 304.94 billion in pensions and benefits to 5.66 million members nationwide, underscoring the scale of the program’s role as a primary income source for many retirees, persons with disabilities, and survivors.

Loan releases reached PHP 61.11 billion in 2025, which the agency said provided timely financial assistance to workers and their families, particularly for short-term needs that can arise from emergencies and income gaps.

To ease borrowing costs, SSS reduced interest rates on key loan facilities from 10 percent to 8 percent, a move that lowers monthly repayment burdens for members who rely on SSS credit options.

The Pension Loan Program was also expanded to cover survivor pensioners, extending eligibility to an additional 1.2 million members who receive benefits after the death of a covered worker.

SSS said it continues to provide accessible credit support through programs such as the Calamity Loan, Emergency Loan, and the upcoming Micro Loan Program, as part of a broader push to keep assistance available during disasters and periods of financial strain.

“Patuloy na maghahatid ang SSS ng mga programang tulad ng Micro Loan at Calamity Loan upang makapagbigay ng sapat, abot-kaya at mas mabilis na suporta sa aming mga miyembro,” Go said.