Social Security System Announces SSS Pension Increase this 2026 and in 2027
SSS PENSION – The Social Security System announced that they will be having an increase on the monthly pension of the pensioners.
A lot of Filipinos are pensioners of the Social Security System or more popularly called SSS. Being one of the social insurance giants in the country, it has several benefit and loan offers for its members.
The SSS Retirement Benefit is undeniably the benefit offer that the members of the social insurance giant looks forward to the most. Recently, the SSS announced a good news for its pensioners.
Based on a report on ABS-CBN News, the Social Security System announced an increase on the SSS Pension. According to SSS chairperson and Finance Secretary Frederick Go, the Pension Reform Program continues and there will be a 10% increase in the SSS Pension this 2026 and another one in 2027.
Another good news is that the increase in the pension for the pensioners of the Social Security System won’t result in the hike of the monthly contribution of the paying members of the social insurance giant. Based on the report, not only the retirement pension but as well as the disability pension will be raised by 10% this year and next year..
“We will increase pension by 10 percent this year and we will increase pension by 10 percent next year,” Go expressed.
With regards to the death and survivor pensioners, their SSS pension will increase by 5% every year until 2027. Aside from the benefit offers for the members, the social insurance giant also got three (3) excellent loan offers which are as follows:
SSS Salary Loan
The multi-purpose cash loan offer of the Social Security System is the Salary Loan which is open for members who meet the following qualifications:
- member-borrower must have posted at least thirty-six (36) posted monthly contributions, six (6) of which should be within the last twelve (12) months prior to the month of filing of application
- employer of the employed member-borrower must be updated in the payment of contributions and loan remittances
- be under sixty-five (65) years of age at the time of application for loan
- have not been granted any final benefit
- have not been disqualified due to fraud committed against the SSS
SSS Housing Loan
The SSS also got a housing loan offer that is ready to finance the house repair or improvement of the qualified members. The intent may include the following:
- completion of an occupied bare house
- extension or expansion and enhancement of economic and aesthetic value of an existing housing unit. Said improvements shall be permanently attached to the house
- installation of deep well and motor pump
- construction of concrete fence and steel gate
Who are qualified to apply for the SSS Housing Loan offer? Here are the eligibility requirements set by the social insurance giant:
- member of SSS who has at least thirty-six (36) months contributions and twenty-four (24) continuous contributions in the period prior to application
- not more than sixty (60) years old at the time of application
- not previously granted a repair and/or improvement loan by the SSS or NHMFC
- not been granted final SSS benefits
- borrower and spouse is updated in the payment of their other SSS loan(s), if any
SSS Calamity Loan
Another loan offer of the Social Security System is the SSS Calamity Loan. It is open for members who have posted at least thirty-six (36) monthly contributions, six (6) of which should be posted within the last twelve (12) months prior to the month of filing of application to qualify for the loan.