SSS eyes to close 2026 with P1.44-trillion investment portfolio

The Social Security System (SSS) is looking to end 2026 with a total investment portfolio of P1.44 trillion, betting on returns placed in government securities, corporate equities and bonds.

At a press conference during the pension’s 69th anniversary on Tuesday in Quezon City, SSS president and CEO Robert Joseph de Claro reported that, as of end-June 2026, the pension fund’s total investments stood at P1.271 trillion, which yielded P27.157 billion in net income during the period.

With this, the SSS chief said the pension fund is targeting a total investment portfolio of P1.441 trillion, with a P71.41-billion net income yield for full-year 2026.

“A stronger fund means a stronger capacity to pay pensions and benefits. It means greater assurance that when today’s worker retires, or when hardship strikes a member’s family, SSS will have the capacity to respond,” SSS chairman and Finance Secretary Frederick Go said in his remarks during the event.

Last year, SSS booked a net income of P142.97 billion.

For this year, de Claro said the pension fund set a more conservative bottom line target of P100 billion, noting that “there’s no intention to surpass P142 billion [net income]” as SSS is a pension focused on providing benefits to its members.

This year’s net income goal would be mainly driven by investments income at P71.412 billion.

SSS executive vice president for Investments Ernesto Francisco Jr. said the top driver for the 2026 investment income goal would be “government securities, which we expect about P30 billion from that.”

Francisco said the pension fund is also seeing about P6 billion to P8 billion revenues each from its investments in member loans, equities, corporate notes, and bonds.

SSS, moreover, is eyeing about P10 billion from the valuation of its properties. — BM, GMA News