SSS reserve fund tops P1 trillion in 2025

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February 16, 2026 | 12:00am

MANILA, Philippines — The Social Security System crossed a major financial milestone in 2025 as its reserve funds breached the P1-trillion mark for the first time, marking the strongest performance in the pension fund’s history and reinforcing assurances on the sustainability of SSS member benefits.

In a statement, the Department of Finance (DOF) said the net income of SSS surged by 58.4 percent year on year to P142.97 billion in 2025, on the back of improved investment income and tighter fiscal management.

Total assets climbed by 22.1 percent to P1.26 trillion from P1.03 trillion in 2024, further strengthening the fund’s balance sheet.

The reserve fund, which serves as the main buffer to meet future pension and benefit obligations, exceeded P1 trillion during the year – a development officials said enhances SSS’ capacity to absorb economic shocks and demographic pressures.

“This record performance and over P1 trillion 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.

Go said the milestone reflects reforms aimed at reinforcing governance and long-term sustainability, in line with the broader policy direction of the administration.

“Guided by President Marcos Jr.’s directive to enhance benefits and strengthen governance, we are building a social security system that is financially resilient and more responsive to the needs of every Filipino,” he added.

SSS president and CEO Jay de Claro said the gains were driven by sustained fiscal discipline and reforms designed to preserve the fund’s actuarial soundness.

“Surpassing the P1 trillion 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,” he said.

“This performance reflects prudent stewardship of members’ contributions, strengthened governance, and our continuing commitment to deliver secure and sustainable benefits  –  today and for generations to come.”

Beyond balance sheet growth, SSS rolled out its first-ever annual pension increase in 2025, granting yearly hikes of 10 percent for retirement and disability pensions and five percent for survivor pensions from 2025 to 2027.

The agency said the reform is expected to help support household consumption among pensioners and contribute to broader economic activity.

In 2025, SSS released P304.94 billion in pensions and benefits to 5.66 million members nationwide. Loan disbursements reached P61.11 billion, providing additional liquidity support to workers and their families.

To lower borrowing costs, SSS cut interest rates on key loan facilities to eight percent from 10 percent. It also expanded its Pension Loan Program to include survivor pensioners, extending coverage to an additional 1.2 million members.

SSS said it would continue to offer accessible credit support through programs such as the Calamity Loan, Emergency Loan and the upcoming Micro Loan Program.