More Filipinos put money into SSS retirement fund as Pension Booster returns hit 6.2%

Contributions to the voluntary retirement savings program surged 21.8% to ₱699 million, while SSS waived management fees until 2028.

Retirement may still feel decades away for many Filipinos, but the latest numbers from the Social Security System suggest that setting aside even small amounts today could go further than expected.

SSS said its Pension Booster Program delivered an average 6.2% return from January to May, outperforming many traditional savings options even as interest rates and market conditions became less favorable. The voluntary retirement savings program also posted a 6.83% full-year return in 2025, giving members another way to grow funds beyond their regular SSS contributions.

The program allows contributions starting at just ₱500, with no ceiling on how much members can save. Those funds are invested across government securities, corporate bonds, equities, and other instruments, with earnings credited back to members tax-free.

Interest in the program is also growing. Contributions climbed 21.8% to ₱699 million in 2025 from ₱574 million a year earlier. SSS has also waived the program’s 1% management fee until 2028, allowing members to keep more of their investment gains.

For workers worried about whether their retirement savings will be enough, every extra peso earning above ordinary deposit rates can make a difference over time.

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