MANILA, Philippines — The Social Security System (SSS) is set to officially implement the Pension Reform Program (PRP) next month, introducing a structured three-year increase in pensions for all pensioners.
SSS President and CEO Robert Joseph M. De Claro stated that the PRP aims to deliver a “sustainable pension increase” to improve the lives of pensioners.
“With the guidance of Finance Secretary and Social Security Commission (SSC) Chairperson Ralph G. Recto, and after careful actuarial review, we are rolling out a rational and sustainable pension increase that uplifts all pensioners without compromising the fund’s actuarial soundness,” De Claro said.
He further announced that retirement and disability pensioners as of August 31 will receive a 10-percent increase, while death or survivor pensioners are set to receive a 5-percent increase starting next month.
This incremental increase will continue through 2027, with new retirement and disability pensioners receiving the same additional increase as death or survivor pensioners during this period.
The pension program, projected to support over 3.8 million retirees, will provide an overall increase of approximately 30 percent for retirement and disability pensions and 16 percent for death and survivor pensions.
The SSS Pension Reform Program was approved on July 11 by the SSC under Resolution No. 340 s.2025.
