Tag page - pension reform program (PRP)

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...

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...