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Manila Bulletin devider Philippines devider National devider Marcos confident SSS will remain healthy despite projected shorter life

Marcos confident SSS will remain healthy despite projected shorter life

Published Aug 6, 2025 07:22 pm

At A Glance

  • The Chief Executive cited demographic trends to back his optimism.
President Marcos expressed confidence that the Social Security System (SSS) will remain financially sound, even with projections that a proposed pension hike could shorten the fund’s lifespan.
File photos
File photos
Marcos said this amid concerns about whether the proposed increase in SSS pensions might reduce the fund’s actuarial life.
The SSS has said the hike can be implemented without raising contribution rates, but long-term effects remain under review.
In the third episode of his podcast released on Wednesday evening, Aug. 6, the President downplayed the SSS’ projected shorter life.
“That’s fine because the SSS is growing anyway,” he said.
The Chief Executive cited demographic trends to back his optimism.
“Our population is growing. Our working population is growing. So, yun ang bawi doon, it will continue to grow (That’s the offset—it will continue to grow),” he said.
President Marcos said the SSS is in an even stronger position than some might assume.
“In fact, in our estimation, SSS in terms of its fund is growing at such a rate that it will be bigger than GSIS (Government Service Insurance System) soon,” he said.
The SSS Board is expected to finalize the details of the pension hike within the year.

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