New pensioners as of June 1-Aug. 31, 2026 to get hiked pension by September

New retirement and disability pensioners of the Social Security System (SSS) are not eligible to benefit from the early increase in their monthly pensions that began on June 1, 2026, but instead enjoy they will enjoy it starting September 1, 2026.

Early this week, the SSS announced it began the early rollout of the second round of 10% increases in monthly retirement and disability pensions.

However, the pension fund clarified that only pensioners as of May 31, 2026, will be eligible to receive the early pension hike beginning this month.

Meanwhile, those whose contingencies — the exact date a member becomes eligible for benefits — fall between June 1 and August 31, 2026, will receive their increased pension starting September 1, 2026.

The pension fund had earlier announced that it is advancing the second tranche of increase in retirement and disability pensions this month from the original schedule of September.

The move was aimed to provide SSS pensioners with earlier financial relief amid the inflationary and economic effects of the Middle East fuel crisis.

SSS is releasing approximately P6 billion in additional pension benefits from June to August 2026 to help pensioners cope with inflationary pressures and higher energy costs.

Under the second tranche of SSS’s Pension Reform Program, retirement and disability pensioners will receive a 10% increase in their monthly pensions, while death and survivor pensioners will receive a 5% increase.

Under the PRP, pensioners will receive annual increases in their pensions every September from 2025 to 2027.

The remaining tranche of the three-year pension reform will be implemented in September 2027 (for pensioners as of August 31, 2027) as follows:

• Additional 10% increase - Retirement and disability pensioners
• Additional 5% increase - Death or survivorship pensioners

After the third year, pensions should have grown by approximately 33% for retirement and disability pensioners and 16% for death and survivorship beneficiaries. — BAP, GMA News