DILIMAN, Quezon City — The Social Security System (SSS) is expecting to exceed its net income before the year ends by reaching more than ₱100 billion on the back of higher investment earnings and improved collection efficiency.

“So definitely, we’ll reach the P100 billion mark in net income for 2025. We estimate that in terms of percentage growth of net income, it will range from about 38 to about 43 percent year-on-year,” SSS president and chief executive officer Robert Joseph De Claro announced in line with its 68th year anniversary celebration today, September 01.

According to De Claro, SSS had recorded a net income of ₱90.2 billion in 2024, half of which came from investments, and in this year's status report, this has already breached the mark with about 50 percent projected to come from its investments.

For 2026, SSS projects at least an 8 percent increase in its net income, to be supported by stronger coverage drives, better collection mechanisms, and enhanced education campaigns for self-employed and voluntary members.

“Aside from the recently announced pension increase, the SSS will roll out several programs for members and these include a microloan facility in partnership with UnionBank, set for launch (this) December, (. . .) allow(ing) qualified members to borrow at low interest rates for periods ranging from 15 to 90 days,” the SSS chief executive pointed out.

He added that they are also working with the Overseas Workers Welfare Administration (OWWA) to further improve pension benefits for overseas Filipino workers. In addition, SSS is partnering with pharmaceutical firm Unilab for the 'Alagang SSS' program, which will provide members aged 60 and above with special pricing on Unilab products.

Meanwhile, it was also learned that the SSS has also released nearly ₱5 billion under its calamity loan program as of August 27.

“₱4.97 billion was disbursed to 279,884 borrowers. The loan facility is available to members residing or working in areas declared under a state of calamity, allowing eligible members to borrow up to ₱20,000 payable within two years at low interest rates,” De Claro concluded.