The Social Security System (SSS) has announced a ₱1,976 pension increase effective March 2025. This 5% hike will benefit retirees who have made at least 120 contributions. The increase aims to help pensioners cope with inflation and rising costs.
Eligible members will receive the increase automatically. Payments are scheduled based on the last digit of the pensioner’s SSS number. Those with SSS numbers ending in 0 to 4 will receive the increase on March 1, 2025.
Meanwhile, those with SSS numbers ending in 5 to 9 will get it on March 15, 2025.
₱1,976 pension increase details
To qualify for the pension hike, a member must be:
– 60 years old and officially retired from work, or 65 years old regardless of employment status
– Have at least 120 posted monthly SSS contributions
– Receiving a monthly old-age, disability, or survivors pension
Pensioners who opted for a final lump-sum benefit will not be eligible for the monthly increase.
Members with fewer than 120 contributions are also excluded, unless they have transitioned to monthly pension eligibility through voluntary contributions. Pensioners can verify their updated pension details through the My.SSS online portal, the SSS mobile app, the SSS hotline, or by visiting an SSS branch in person. They should ensure their bank account or e-wallet registered with SSS is active and up-to-date.
SSS President and CEO Rolando Macasaet said, “This initiative provides a sustainable way for members to build a better future, with flexibility and high returns. It promotes financial literacy and personal responsibility.
The pension increase is part of SSS’ broader efforts to enhance social safety nets for Filipinos. In 2025, SSS will also expand coverage for informal workers, further digitize services, and introduce health support services for pensioners in collaboration with PhilHealth and local government units.
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