Historic Multi-Year Pension Increase to Benefit 3.8 Million SSS Pensioners
Quezon city: President Ferdinand R. Marcos Jr. announced a groundbreaking multi-year increase in pensions for over 3.8 million Social Security System (SSS) pensioners, set to begin this September. During the ceremonial launch of the SSS Pension Reform Program at the SSS Main Office, Marcos underscored the government’s dedication to safeguarding and rewarding Filipino workers during their retirement years. According to Philippines News Agency, this initiative marks the first instance in the SSS’s 68-year history where pension increases will be implemented over multiple years. The reform plan outlines a 10 percent annual increase for retirement and disability pensioners, while death or