In the Philippines, the second tranche of the 3-year pension reform initiative by the Social Security System (SSS) will be introduced in the year 2026 (September), which will see a 10 percent increment of the retirement/disability pensioner benefits and a 5 percent increment of survivor pensioner benefits. This will aim at raising benefits to more than 3.8 million pensioners without increasing the contributions.
The Social Security System of the Philippines has passed the decision to increase the pension. This decision is going to prove to be a very important decision for those people who come from the low-income category and who are most affected by inflation, due to rising inflation it becomes difficult to live. In such a situation, keeping in mind the situation of all these people, the government of the Philippines passed the decision to increase this special pension, due to which the pension will be increased.
What is the ₱6,000 monthly SSS Pension?
The pension program is the ₱6,000 monthly SSS pension which is a support program to senior citizens and retirees. Most retirees prior to this increment used to get between ₱3,000 and ₱5,000 according to their contributes and their employment history. The new 6000 pension provides them with a more stable income to cover the daily cost and the increasing costs.
This is a pension that is granted to SSS members, having reached the age of 60 years and having contributed 120 monthly premiums prior to their retirement. It is not subject to taxes and thus the retirees get the entire ₱6,000 in their bank accounts or in SSS.
SSS Pension Reform Tranches
| 1st Tranche | September 2025 | 10% | Base pensions raised slightly ( ₱5000 to ₱5500) |
| 2nd Tranche | September 2026 | 10% | Many pensions will be ₱6,000 |
| 3rd Tranche | September 2027 | 10% | 10% Some pensions might go to ₱7,000 + |
What is Social Security System (SSS) Pension Hike?
The Social Security System of the Philippines has passed an important decision, under which the pension amount of pension holders and successor pensioners will be increased. Let us tell you that this important decision is an important announcement of the Multi-Year Pension Reform Program in which the pension fund will be implemented for 3 years.
Employees who are receiving pension from the Social Security System at the age of 68 will now be given an additional increase of 10%. At the same time, such successors who are from the family of pensioners and are receiving pension of deceased / retired employees will be given an increase of 5% through the scheme so that the standard of living of these people can be improved.
How the SSS Pension Hike Impacts in the Philippines?
The main objective of this scheme is to benefit the retired, disabled and heirs of retired and deceased pensioners so that their purchasing power remains. Due to inflation, the economic situation becomes uncontrolled. In such a situation, their standard of living is improved by providing an additional amount through this pension. Also, this scheme is being implemented from a long-term perspective, due to which the financial stability of the fund will also be maintained.
Philippines Social Security System Benefit Hike – Check New Rates Now
Due to this scheme, an additional increase of 10% will be provided to all retired and disabled citizens from the year 2025 to 27. Meaning, in the coming three years, there will be an increase of 33% in the pension of these retired and disabled people.
In addition, an annual increase of 5% will be given to the heirs of deceased or retired pensioners, that is, they will be given 16 percent additional benefit in 3 years. Due to this increase, the average retired pension of employees will increase in which on an average per person will get a benefit of Philippine Dollars 1625 per month.
Apart from this, the government is also going to provide economic incentives in which additional funds will also be provided. It is expected that additional funds ranging from 92.8 billion to 117.2 billion will be circulated in the economy which will also increase the income of the people.
SSS Pension Hike 2025 for Filipino Seniors – Who Qualifies?
All pensioners who want to avail this scheme must check the following eligibility criteria. The applicant must be a retirement pension holder, disability pension holder or death survival pension holder. The applicant must have all the necessary documents related to it. The applicant must be registered under the Social Security System. However, to avail this scheme, the applicant will not have to make additional contributions, they will be given this benefit through the existing fund structure.
SSS Pension Increase Update
As we told, this scheme is divided into three annual parts September 2025, 2026 and 2027. In such a situation, an increase of 10% has been ensured for old age and disability pension holders for 3 years and an increase of 5% for death or survival pension holders. The payment amount under this scheme will be automatically transferred to the account of the candidates.
For this, candidates do not need to apply additionally. However, the applicant will have to check his eligibility criteria and update all the documents so that he can get the benefit without any hindrance. Currently, this scheme will be implemented from September 2025 and the benefit of this scheme will be available from this month, its next amount will be transferred to the account of the people in 2026 and 2027.
How to claim in the Philippine SSS Pension 2026?
As we said, eligible pension holders under this scheme do not need to claim separately. Under this scheme, the amount will be automatically deposited in the account of the candidates. However, the candidates have to ensure that their bank details and complete information are updated, updated on the portal of the Social Security System and all the documents related to it are also uploaded. If the candidate has recently made any change in any kind of information, then the candidate has to go to the portal and enter this detail.
Overall, this pension reform plan of the Social Security System is going to be an important initiative that will not only increase the purchasing power of pension holders but will also improve their quality of life. It will also provide a better standard of living to the retired employees of the Philippines and the heirs of the retired employees. However, if you want to get more information about this, then you can get additional details by visiting the portal of the Social Security System of the Philippines.