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SSS sees profit breaching P100B as it aims to grow membership
The Social Security System (SSS) anticipates its net income to surpass PHP100 billion in 2025, projecting a year-on-year growth of 38 to 43 percent.
In the first six months of 2025, SSS' net income before the increase in policy reserves was at P67.42 billion, up by 51.4% from P44.53 billion in the same period last year.
Last year, the SSS recorded a net income of P90.25 billion, up from P83.13 billion in 2023, before changes in policy reserves.
Investments are expected to contribute half of the projected net income for the current year.
Key growth drivers for the SSS include an expanded coverage drive, improved collection mechanisms, and enhanced education for self-employed and voluntary members regarding contribution importance.
Beyond pension increases, the SSS is planning to introduce new programs for its members, including a micro-loan facility in partnership with UnionBank set to launch in December.
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