The Philippines’ Social Security System (SSS) says its reserve fund is on track to double to 2 trillion pesos (US$34.26 billion) by end-2030.
The reserve fund is a portion of assets set aside to meet future liabilities or unforeseen financial shocks.
Robert Joseph de Claro, chief executive officer of the SSS, says the pension fund had 1.26 trillion pesos of assets under management and 1.07 trillion pesos in its reserve fund as of end-2025.
According to de Claro, the reserve fund “has that trajectory” to hit 2 trillion pesos.
“The exponential growth after the [coronavirus] pandemic is big. The road to 2 trillion pesos is getting nearer,” he says in a statement on March 2.
The SSS manages retirement savings of private sector employees and the self-employed. Last week, it reported a net income of 142.97 billion pesos for 2025, 58.4% higher than in 2024.
