Malacañang said the Marcos administration wants faster action on the reform of the military and uniformed personnel (MUP) pension system, but stressed that the review must still be thorough before recommendations are submitted to the President. Presidential Communications Office (PCO)...
Department of National Defense (DND) Secretary Gilberto C. Teodoro Jr. clarified Monday, Aug. 24, that less than half of the proposed P142.95 billion Military and Uniformed Personnel (MUP) pension fund for next year is allocated for Armed Forces of the Philippines (AFP) retirees, saying comparisons...
The net income of Social Security System (SSS), the state-run pension fund for private-sector workers, fell by 28 percent to ₱48 billion in the first half of 2026 as expenses, especially benefit payouts to pensioners, continued to rise faster than its income. SSS’ latest condensed statement of...
Senior Citizens Party-list Rep. Rodolfo "Ompong" Ordanes is crossing his fingers that President Marcos would use his upcoming State of the Nation Address (SONA) as a venue to advance elderly Filipinos ' interests. Ordanes said this would make President Marcos ' penultimate SONA one to...
The net income of Social Security System (SSS), the state-run pension fund for private-sector workers, declined by almost a fourth to ₱25.3 billion in the first quarter of 2026 as benefits paid to members and pensioners surged. SSS’ latest condensed statement of comprehensive income showed that...
A total of 9,968 indigent senior citizens in Parañaque received P3,000 each in social pension benefits for the second quarter of 2026 as the city government continued its efforts to provide financial assistance to elderly residents. Parañaque Mayor Edwin L. Olivarez led the distribution of the...
Thousands of Manila residents, including police officers, public school teachers, students, senior citizens, persons with disabilities (PWDs), and solo parents, are set to receive financial assistance this month after Manila Mayor Francisco “Isko Moreno” Domagoso ordered the release of P688.9...
The Social Security System (SSS) commenced the early rollout of the second tranche of its Pension Reform Program, advancing the scheduled benefit increase by three months to provide immediate financial relief to 4.1 million state pensioners. The state-run pension fund announced on Tuesday, June 2,...
House Speaker Faustino “Bojie” Dy III is championing the push to institutionalize a Universal Social Pension for senior citizens, saying millions of Filipinos are calling for stronger support for senior citizens struggling with rising medicine, health care and living costs. Dy, Isabela 's...
Malacañang has committed to study proposals to suspend pension premium contributions for members of state-run pension funds. While the Palace made the pronouncement, the Social Security System (SSS), Government Service Insurance System (GSIS), and Pag-IBIG Home Development Mutual Fund have...
State-run policy think tank Philippine Institute for Development Studies (PIDS) said persistent gaps in old-age income security could weigh on the Philippines’ long-term growth prospects, as limited pension coverage and high labor informality leave a large segment of the elderly financially...
The Department of Social Welfare and Development (DSWD) on Monday, March 23 clarified that indigent senior citizens may still use other government-issued identification cards (IDs) when claiming their social pension, even as the Philippine Identification System (PhilSys)-issued National ID remains...
