SEVENTEENTH CONGRESS OF THE 
) 
REPUBLIC OF THE PHILIPPINES ) 
First Regular Session 
)
t l i f ^ ' r n  rlirjj
'16 
SEP- 7  
P 3 :0 0
SENATE 
S. No. 1 1 2 9
RI-.CIJ. 
".Y;
Intro d u ce d  by Senator JUAN MIGUEL F. ZU BIRI
AN ACT
MANDATING 
A TWO 
THOUSAND 
PESO 
(P 2 ,0 0 0 ) 
ACROSS-THE-BOARD 
INCREASE IN  THE MONTHLY PENSION W ITH CORRESPONDING ADJUSTMENT 
OF THE M IN IM U M  MONTHLY PENSION UNDER THE SOCIAL SECURITY 
SYSTEM, AMENDING FOR THE PURPOSE SECTION 12 OF REPUBLC ACT NO, 
1161, AS AMENDED, OTHERWISE KNOWN AS THE "SOCIAL SECURITY ACT OF 
1997"
EXPLANATORY NOTE
The Social Security System (SSS) was conceptualized to provide 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 their families against the hazards of disability, sickness, maternity, old age, 
death and other contingencies resulting in loss of income or financial burden. Toward this 
end, the State shall endeavor to extend social security protection to workers and their 
beneficiaries."
Considering that the last pension increase for SSS pensioners was in 2014 for a 
measly 5% across-the-board through a Commission Resolution, SSS pensioners can no 
longer cope and meet both ends of their daily expenses, primarily for food and medicines. 
Coupled this predicament of SSS pensioners with the inflationary costs of basic 
necessities, it is envisioned that through this bill, we will be able to help them.
This bill aims to provide an across-the-board two thousand pesos increase in the 
monthly pension of SSS pensioners with a corresponding adjustment of the minimum 
monthly pension system so that the needs of the SSS pensioners are better addressed. 
This bill had already passed both Houses of Congress during the Sixteenth Congress but 
unfortunately, was vetoed by President Benigno S. Aquino. However, with the thrusts of 
the new administration of President Rodrigo Duterte for more responsive social 
legislation, the hope of the SSS pensioners as well as the lawmakers to provide this 
increase, breathes a new life.
In view of the foregoing, immediate approval of this bill is earnestly sought.
JUAN MIGUEL F. ZU BIR I


SEVENTEENTH CONGRESS OF THE 
) 
REPUBLIC OF THE PHILIPPINES ) 
First Regular Session 
)
<0lfu* itf lh r(;r, »r rt 1ru
*16 
SEP - 7  
P 3 ^)0
SENATE
s. No. 1129
U F  \ ’ i i 
’»Y;
Intro d u ce d  by Senator JUAN MIGUEL F. ZU BIR I
AN ACT
MANDATING 
A TWO 
THOUSAND 
PESO 
(P 2 ,0 0 0 ) 
ACROSS-THE-BOARD 
INCREASE IN  THE MONTHLY PENSION W ITH CORRESPONDING ADJUSTMENT 
OF THE M IN IM U M  MONTHLY PENSION UNDER THE SOCIAL SECURITY 
SYSTEM, AMENDING FOR THE PURPOSE SECTION 12 OF REPUBLC ACT NO, 
1161, AS AMENDED, OTHERWISE KNOWN AS THE "SOCIAL SECURITY ACT OF 
1997"
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Be it enacted in the Senate and the House o f Representatives o f the Philippines in
Congress assembled:
SECTION 1. Section 12 of Republic Act No. 1161, as amended by Republic Act No.
8282, is hereby amended to read as follows:
"SEC. 12.Monthly Pension. - (a) The monthly pension shall be the highest of 
the following amounts:
(1) The sum of the following:
(i) Three hundred pesos (P300); plus
(ii) Twenty percent (20%) of the average monthly salary credit; 
plus
(iii) Two percent (2%) of the average monthly salary credit for 
each credited year of service in excess of ten (10) years; or
(2) Forty percent (40%) of the average monthly salary credit; or
(3) One thousand pesos (P I,0 0 0 ): Provided, That the monthly 
pension shall in no case be paid for an aggregate amount of less 
than sixty (60) months
(b) Notwithstanding the preceding paragraph, the minimum MONTHLY 
pension shall be [One thousand two hundred pesos (Pl,200)] THREE 
THOUSAND TWO HUNDRED PESOS (P 3,200) for members with at 
least ten (10) credited years of sen/ice and [Two thousand four hundred 
pesos (P2,400)] 
FOUR THOUSAND FOUR HUNDRED PESOS 
(P 4,400) for those with twenty (20) credited years of service."


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SECTION 2. Any law, presidential decree or issuance, executive order, letter of
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instruction, administrative order, rule or regulation inconsistent with this Act is hereby
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repealed, modified, or amended accordingly.
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SECTION 3. This Act shall take effect fifteen (15) days after its publication in the Official 
Gazette or in a newspaper of general circulation.
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Approved,