The war chest of Social Security System, the Philippine state-run pension fund for private sector workers, has crossed a historic line. SSS posted reserve fund in excess P1 trillion for the first time in its history.
The Department of Finance said the record level reserve fund strengthens SSS’ pension security and reinforces the system’s long-term sustainability.
The numbers underscore the momentum. Net income in 2025 surged 58 percent to P142.97 billion, the strongest financial performance in SSS history. Total assets expanded 22 percent to P1.26 trillion from P1.03 trillion a year earlier. The reserve fund now stands firmly above P1 trillion, a psychological and financial benchmark for the state-run pension manager.
“This record performance and over 1 trillion-peso reserve fund level send a clear message to SSS members that your pensions are secure and your benefits sustained,” Finance Secretary and Social Security Commission Chair Frederick D. Go said.
The DOF said the enlarged reserve enhances SSS resilience against economic shocks and demographic pressures. As the retiree base grows and Filipinos live longer, maintaining a healthy buffer is critical to meeting future benefit obligations without straining contributions.
In 2025, SSS disbursed P304.94 billion in pensions and benefits to 5.66 million members and released P61.11 billion in loans. It also implemented its first annual pension increase, granting a 10 percent hike for retirement and disability pensions and 5 percent for survivor pensions. Interest rates on key loan programs were reduced to 8 percent.
Officials said the reforms are designed to protect members’ contributions, support household consumption and sustain confidence in the country’s social security system. For millions of workers and retirees, the new high signals a sturdier safety net backed by record-breaking financial performance.
