SSS to implement second pension hike in 2026

The Social Security System will roll out the second phase of a three-year pension increase for retirement, disability, and survivors' pensions starting in September 2026, without raising contribution rates.

The Social Security System (SSS) is advancing a three-year pension hike initiative. This includes a second wave targeting retirement, disability, and survivors' pensions, scheduled for September 2026. Contribution rates will remain unchanged, ensuring sustained support for members without additional burdens on active workers. The announcement, detailed in a report published on December 30, 2025, outlines key aspects of the program. It addresses the needs of pensioners amid rising living costs in the Philippines.

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French National Assembly chamber during the adoption of the 2026 Social Security budget by 247-232 votes, with PM Lecornu celebrating.
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Assembly definitively adopts Social Security budget for 2026

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The National Assembly adopted the Social Security Financing Bill for 2026 on Tuesday, by 247 votes to 232, marking the first budget validation without using Article 49.3 since 2022. The text includes the suspension of the 2023 pension reform, secured through compromises with the Socialist Party. Prime Minister Sébastien Lecornu's government hails this hard-won victory.

The National Social Security Administration (Anses) has confirmed the March 2026 payment schedule for retirees, pensioners, and holders of various social benefits. Benefits see a 2.88% increase according to the mobility formula based on January's CPI. The schedule outlines specific dates by DNI ending for each benefit.

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The Japanese government adopted its fiscal 2026 budget bill on Friday, allocating a record ¥39.06 trillion for social security-related expenses, an increase of ¥760 billion from fiscal 2025. This rise reflects growing medical and nursing care costs due to an aging population. However, efforts to ease the health insurance premium burden on the working generation remain limited.

Prime Minister Sébastien Lecornu announced on Tuesday the suspension of the 2023 pension reform until the 2027 presidential election, in exchange for the Socialist Party's commitment not to vote censure. This concession aims to stabilize the government amid political instability. The measure pauses the raising of the legal retirement age to 64 and the acceleration of the contribution period.

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The French government has formalized the suspension of the pension reform until January 2028 through a rectificative letter to the social security budget, presented on October 23, 2025. This measure, costing 100 million euros in 2026 and 1.4 billion in 2027, will be funded by under-indexing pensions and increasing contributions from health insurers. Unions and opposition parties denounce an unfair burden on current retirees.

The National Social Security Administration (Anses) continues its February 2026 payment schedule, reorganized due to the carnival holiday. On Wednesday, February 25, retirees and pensioners with earnings above the minimum and DNI endings 4 and 5 receive payments, along with pregnancy benefit holders with DNI ending 9, and unemployment benefits for DNI endings 2 and 3. The change does not affect benefit amounts or conditions.

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The French National Assembly adopted the 2026 social security funding bill (PLFSS) on December 9 by a narrow margin of 13 votes, thanks to a compromise with the Socialist Party. This success for Prime Minister Sébastien Lecornu includes the suspension of the pension reform, a key Socialist demand. The bill introduces several health measures but draws criticism from the right and far right.

 

 

 

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