FAST FACTS

Impact of the P 2,000 across

the-board pension increase

P56 billion

Yearly amount required to fund

the additional increase (P2,000 x 13 months x 2.15 million

pensioners)

P30B - 40B

Annual investment income of SSS

P16B - 26B

Yearly deficit the increase

in pension will yield

11 years

Number of years it will take the fund to be depleted if the deficit

is not filled

4.8%

Yearly increase in the contribution of active members to cover the deficit,

one of the proposed measures* *Other measures: - The government will transfer funds from other programs to SSS or increase taxes for SSS - SSS will sell its assets which would hamper the growth of the funds and decrease the services and benefits provided by SSS