Metro Manila, Philippines – The Social Security System has begun the early rollout of the second tranche of its Pension Reform Program (PRP), advancing the scheduled September increase to June to provide faster financial relief to 4.1 million pensioners.
Finance Secretary and Social Security Commission Chairperson Frederick D. Go and SSS President and Chief Executive Officer Robert Joseph M. de Claro said around ₱6 billion in additional pension benefits will be released from June to August 2026.
“We are releasing the second tranche of pension increases ahead of schedule to support millions of pensioners and their families, helping them meet their daily needs and enjoy greater financial security sooner,” Go said.
De Claro said the early implementation aims to ease the burden of rising costs on pensioners.
“With the early implementation, we hope to provide timely relief to our pensioners and their families as they continue to face everyday financial challenges,” he said.
SSS said pensioners as of May 31, 2026 will begin receiving the increase starting June 1, while those whose contingencies fall between June 1 and Aug. 31 will receive the higher pension beginning Sept. 1.
Under the second tranche of the PRP, retirement and disability pensioners will receive a 10% increase in their monthly pensions, while death and survivor pensioners will get a 5% increase.
“We recognize that rising prices and economic uncertainty continue to place pressure on Filipino families and businesses,” de Claro said. “Through the PRP, SSS ensures that our pensioners have access to timely, affordable and reliable financial support when they need it most.”
The PRP is the first multi-year pension increase program in SSS history, with annual adjustments scheduled every September from 2025 to 2027.
This is a news release from the Social Security System.
