SSS reserve fund hits record P1 trillion as net income jumps 58%

The Social Security System (SSS) reserve fund surpassed P1 trillion in 2025, a historic milestone led by record income and assets resulting from fiscal discipline and long-term reforms, the Department of Finance (DOF) said Sunday,

Data from the DOF showed SSS registered a net income of P142.97 billion in 2025, up 58.4 percent from the previous year. Total assets climbed 22.1 percent to reach P1.26 trillion from P1.03 trillion in 2024.

“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,” Finance Secretary and Social Security Commission chair Frederick Go said.

SSS president and chief executive Jay de Claro attributed the strong financial results to sustained fiscal discipline, strengthened fund governance and long-term reforms intended to secure member contributions and preserve the soundness of the fund.

“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,” de Claro said.

SSS disbursed P304.94 billion in pensions and benefits to 5.66 million members nationwide and released P61.11 billion in loans for workers and their families in 2025.

On the governance side, the agency implemented annual increases of 10 percent for retirement and disability pensions and 5 percent for survivor pensions for the period 2025 to 2027.

Interest rates on key loan facilities were reduced to 8 percent from 10 percent, while the pension loan program was expanded to include survivor pensioners.

The agency also rolled out the MySSS Card in 2025, which links a debit card to a savings account for benefit and loan disbursements.

The DOF noted that SSS continues to provide credit support through programs such as the Calamity Loan, Emergency Loan and the upcoming Micro Loan Program.

“SSS will continue delivering programs such as the micro loan and calamity loan to provide sufficient, affordable and faster support to our members,” Go said.