Guide on SSS Pension Hike this 2026, 2027
SSS PENSION – The Social Security System announced that there will be an increase on the pensioners’ pension this 2026 and as well as in 2027.
In the Philippines, a huge chunk of the Filipino populace is composed of Filipinos who are actually pensioners of the Social Security System. More popularly called SSS, it is on of the social insurance giants in the country.
Many Filipinos are pensioners under the Social Security System (SSS), one of the country’s largest social insurance institutions. Over the years, it has provided its members with a wide range of benefits and loan programs.
Among the many benefits offered by the Social Security System (SSS), the retirement pension remains the most anticipated by its members. Recently, SSS announced good news for pensioners: starting September 2026, retirement and disability pensions will increase by 10%, while survivor pensions will rise by 5%. Notably, this adjustment will take effect without any increase in member contributions, thanks to the fund’s strong reserves under its three-year Pension Reform Program.
According to a report by ABS-CBN News, the Social Security System (SSS) has announced an increase in pensions. SSS Chairperson and Finance Secretary Frederick Go confirmed that under the ongoing Pension Reform Program, members will receive a 10% pension hike in 2026, followed by another increase in 2027.
“We will increase pension by 10 percent this year and we will increase pension by 10 percent next year,” Go expressed.
Another piece of good news is that the upcoming pension increase for Social Security System (SSS) members will not lead to higher monthly contributions from paying members. According to reports, both retirement and disability pensions will be raised by 10% this year and again next year, ensuring greater support for pensioners without additional burden on contributors.
For death and survivor pensioners, the Social Security System (SSS) will grant a 5% annual increase in their pensions until 2027. Beyond these benefit enhancements, the institution also offers three excellent loan programs designed to support members in different financial situations.
SSS Salary Loan
The multi-purpose cash loan offered by the Social Security System (SSS) is the Salary Loan or also called the SSS cash loan, which is available to 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 Social Security System (SSS) also offers the SSS Housing Loan designed to finance home repairs or improvements for qualified members. This loan may be used for the following purposes:
- 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
Here are the eligibility requirements for the SSS Housing Loan for Repairs and Improvements, based on the official guidelines:
- 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
There is a safety net for the members of the Social Security System in times of natural disasters — the SSS Calamity Loan.