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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Elderly Argentine couple reviewing ANSES pension increase documents with calendar and pesos on table
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Anses announces june 2026 payment calendar and 2.58% pension increase

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The National Social Security Administration released the June payment schedule and confirmed a 2.58% adjustment to minimum pensions, which will reach 403,317.99 pesos plus a 70,000-peso bonus.

The Social Democrats presented a package for higher pensions in Visby on Thursday evening, aimed at people who started working early and in strenuous jobs.

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The federal government wants to pass a pension package by the end of the year. The capital-funded supplementary pension is set to start from 2028. A new study warns of economic damage.

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