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The Social Security System (SSS) has begun releasing the second tranche of its pension increase to its 4.1 million pensioners, spending an additional ₱6 billion on pension benefits from June to August 2026.
The increase, under the Pension Reform Program (PRP), was originally scheduled for September. It follows the first tranche released September last year.
SSS pensioners as of May 31, 2026, will be eligible to
receive the pension increase beginning June 1, 2026, while those whose
contingencies fall between June 1 and August 31, 2026, will receive their
increased pension starting September 1, 2026.
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Under the second tranche of the PRP, retirement and
disability pensioners will receive a 10% increase in their monthly pensions,
while death and survivor pensioners will receive a 5% increase.
The PRP is the first-ever multi-year pension increase in SSS
history. Under the program, pensioners will receive annual increases in their
pensions every September from 2025 to 2027.
Finance Secretary and Social Security Commission (SSC) Chair
Frederick D. Go said: “We are releasing the second tranche of pension increases
ahead of schedule to support millions of pensioners and their families, helping
them meet their daily needs and enjoy greater financial security sooner.”
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SSS President and Chief Executive Officer Robert Joseph M.
de Claro said: “With the early implementation, we hope to provide timely relief
to our pensioners and their families as they continue to face every day
financial challenges.”
De Claro added: “Through the PRP, SSS ensures that our
pensioners have access to timely, affordable and reliable financial support
when they need it most.”
