SSS death benefits disbursed rise to P63.74B as of September 2026

The Social Security System (SSS) released P63.74 billion in death benefits during the first nine months of 2026, marking a 10.4% increase from the P57.74 billion in the same period last year.

The state pension fund disburses an average of P7.08 billion in death benefits every month. Further, more beneficiaries received higher monthly pensions due to the implementation of early pension increase in June, the SSS added.

“The rise in death benefit disbursements shows that SSS is delivering on its mandate to protect Filipino workers and their families, especially during the most difficult moments of their lives,” said SSS President and Chief Executive Officer Victor Alfonso Limlingan in a statement.

“By implementing the second tranche of the pension increase earlier, we were able to provide immediate relief to surviving spouses and other qualified beneficiaries,” he added.

Surviving beneficiaries of a deceased SSS member receive the death benefit as either a recurring monthly pension or a single lump-sum payment.

The SSS said the number of death benefit beneficiaries increased by 5.7% to 1.4 million in the first nine months of 2026, from 1.3 million in the same period last year.

Moreover, funeral benefit disbursements also climbed by 5% to ₱3.25 billion from January to September this year, from ₱3.09 billion in the same period of 2025. — Vince Angelo Ferreras/RSJ, GMA News