SIXTEENTH CONGRESS OF THE REPUBLIC ) 
OF THE PHILIPPINES 
) 
First Regular Session 
) 
SENATE 
S. No. 451 
, Introduced by Senator Ralph G. Recto 
Explanatory Note 
Section 2 of Republic Act (R.A.) No. 1161, as amended by R.A. No. 8282 or the Social 
Security Act of 1997 provides that, "It is the policy of the state to establish, develop, promote 
and perfect a sound and viable tax-exempt social security system suitable to the needs of the 
people throughout the Philippines, which shall promote social justice and provide meaningful 
protection to members and beneficiaries against the hazards of disability, sickness, maternity, 
old age, death and other contingencies resulting in loss of income or financial burden ". 
As of 2012, there are about 1.6 Million pensioners benefiting from the Social Security 
System (SSS). In accordance with Section 12(b) ofR.A. No. 8282, a minimum monthly pension 
of PhPl,200.00 shall be provided to those with at least ten (10) creditable years of service and 
PhP2,400.00 to those with at least twenty (20) years of creditable years of service. Those who 
have retired under the previous SSS Law are receiving even smaller amounts of monthly 
pension. 
Considering the escalating cost of living, the meager amount of monthly pension that the 
SSS pensioners receive is no longer adequate to support even their basic needs. It is an 
unfortunate reality that the monthly pension from SSS has become insufficient for the monthly 
food sustenance and maintenance medicines of pensioners who are old and mostly suffering 
from various medical conditions. 
This bill intends to alleviate such condition by providing an across-the-board increase in 
the monthly pension of all SSS pensioners by Five Hundred Pesos (Php500.00), regardless of the 
effectivity of their retirement. It is hoped that this increase in the monthly pension of SSS 
pensioners will, to some extent, help them support their basic necessities in life. 
In the light ofth~ foregoing, immediate passage of the bill is earnestly sough~. 
o 


SIXTEENTH CONGRESS OF THE REPUBLIC ) 
OF THE PHILIPPINES 
) 
First Regular Session 
) 
'13 
JUL -4 
1~1O :16 
SENATE 
_____________ 
S_. _N_o. __ 
'1_f_' ,_l ____ 
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Introduced by Senator Ralph G, Recto 
AN ACT 
INCREASING PENSIONS UNDER THE SOCIAL SECURITY SYSTEM, AMENDING 
FOR THE PURPOSE SECTION 12 OF REPUBLIC ACT NO. 1161, AS AMENDED, 
OTHERWISE KNOWN AS THE" SOCIAL SECURITY ACT OF 1997" 
Be it enacted bJ( the Senate and the House of Representatives of the P~ilippines in 
Congress assembled: 
' 
1 
SECTION L Section 12 of Republic Act No, 1161, as amended by Republic Act No, 
2 
8282, is hereby further amended to read as follows: 
3 
"SEC. 12, Monthly Pension - (a) The monthly pension shall be the highest of the 
4 
following amounts: 
5 
"(I) The sum of the following: 
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"(i) Three hundred pesos (P300); plus 
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"(ii) Twenty percent (20%) of the average monthly salary credit; plus 
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"(iii) Two percent (2%) of the average monthly salary credit for each 
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credited year of service in excess often (10) years; or 
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"(2) Forty percent (40%) of the average monthly salary credit; or 
11 
"(3) One thousand pesos (PI,OOO,OO): Provided:, That the monthly pension 
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shall be in no case be paid for an aggregate amount ofless than sixty (60) months. 
13 
"(b) Notwithstanding the preceding paragraph, the minimum pension shall 
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be One thousand two hundred pesos (PI,200,00) for members with at least ten (10) 
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credited years of service and Two thousand four hundred pesos (P2,400.00) for those 
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with twenty (20) credited years of service: Provided, That the minimum monthly 
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pension provided herein shall be increased by Five Hundred Pesos (P500.00): 
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Provided, further, That the Commission shall also increase the monthly pensions of 
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all other pensioners by Five Hundred Pesos (P500.00). 
20 
Sec. 2. Separability Clause, - Should any provision of this Act or _any part thereof be 
21 
declared invalid, the other provisions, so far as they are separable from the invalid ones, shall 
22 
remain in force and effect. 


,< 
' , 
1 
Sec. 3. Repealing Clause, -
Any law, presidential decrees, executive orders, 
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proclamations or administrative regulations that are inconsistent with the provisions of this Act 
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are hereby amended, modified, superseded, or repealed accordingly. 
4 
Sec. 4. Effectivity. - This Act shall take effect fifteen (15) days after its publication in the 
5 
Official Gazette or in at least two (2) newspapers of general circulation. 
Approved, 
mksbc