Contribution hike fuels SSS income

With a one-percentage-point (ppt) hike in members’ contribution rate to 15 percent that took effect this year, the Social Security System (SSS)—the state-run pension fund for private-sector workers—grew its net income by 46.9 percent to P66.45 billion in the first half of 2025.

- By BEN ARNOLD DE VERA

The SSS’ latest condensed statement of comprehensive income, seen by Manila Bulletin, showed that its first-half net income jumped from 45.22 billion in the first six months of 2024.

This mainly came on the back of a total end-June income—service and business income, investment gains, and other non-operating income—that rose 14.5 percent to P229.6 billion from P200.5 billion in the same period last year.