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The Philippines' SSS hit record net income and assets, boosting pensions and expanding benefits and loans.
The Philippines' Social Security System (SSS) reported record net income of ₱143 billion and assets exceeding ₱1 trillion for the first time, driven by strong financial management and sustainable investments.
It disbursed ₱304.9 billion in pensions and benefits to 5.7 million members and provided ₱61.1 billion in loans, expanding access to 1.2 million additional members, including survivors.
Pension increases of 10% for retirees and 5% for survivors will continue through 2027.
The SSS also lowered loan interest rates and expanded digital services, reinforcing its role as a stable social safety net for Filipino workers.
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El SSS de Filipinas alcanzó ingresos netos y activos récord, impulsando las pensiones y expandiendo los beneficios y préstamos.