SEVENTEENTH CONGRESS OF THE 
REPUBLIC OF THE PHILIPPINES 
First Regular Session
'S ifus of tliL- 
l i 1-1111
'16 
NOV 14 
AI0.-30
S.B. No.
SENATE
1236
KKt ■
Introduced by SEN. WIN GATCHALIAN
AN ACT
MANDATING A TWO THOUSAND PESO (P2,000.00) ACROSS-THE-BOARD 
INCREASE IN THE MONTHLY PENSION WITH CORRESPONDING ADJUSTMENT 
OF THE MINIMUM MONTHLY PENSION 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
EXPLANATORY NOTE
It is common knowledge that retired private sector workers receive meager 
pensions from the Social Security System (SSS) that barely suffice to meet their 
monthly expenses for food, medicine and other necessities.
Under Republic Act No. 8262 or the Social Security Act, SSS members who 
served for 10 years receive a monthly pension of PI,2000 while those members with 
20 years of service are given P2,400.00 per month.
These amounts are woefully inadequate to provide our retirees with their basic 
needs in the face of the inflationaiy pressures on cost of goods and services. It is high 
time that we enact a measure to alleviate the plight of our SSS retirees.
This bill seeks to enact into law a two-thousand peso across the board increase 
in the monthly pension with the corresponding adjustment of the minimum monthly 
pension under the Social Security System.


This same measure was passed into law by the 16,h Congress only to be vetoed 
by President Aquino on the ground that these pension increases will bankrupt the 
SSS. Fortunately, the current administration of President Duterte has expressed a 
desire to approve the increases in order to relieve the plight of our SSS retirees. Our 
retirees deserve this long overdue assistance.
In view of the foregoing, immediate approval of this bill is e^nesffly sought.
lTCHAHAN


SEVENTEENTH CONGRESS OF THE 
REPUBLIC OF THE PHILIPPINES 
First Regular Session
‘16 
NOV 14 
AlO .*30
S.B. No
SENATE
1236
K l (
Introduced by SEN. WIN GATCHALIAN
AN ACT
MANDATING A TWO THOUSAND PESO (P2,000.00) ACROSS-THE-BOARD 
INCREASE IN THE MONTHLY PENSION WITH CORRESPONDING ADJUSTMENT 
OP THE MINIMUM MONTHLY PENSION 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 by the Senate and the House of Representatives of the Philippines 
in Congress assembled:
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SECTION 1. Any provision of law to the contrary notwithstanding, the Social
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Security Commission is hereby mandated to implement a Two Thousand Peso (Php
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2,000.00) across-the-board increase in the monthly pension under the Social Security
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System.
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SEC. 2. Declaration of Policy. -  Section 12 of Republic Act No. 1161, as
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amended by Republic Act No. 1161, as amended by Republic Act No. 8282, is further
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amended to read as follows:
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“SEC. 12. Monthly Pension. - (a) The monthly pension shall be the highest of the
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following amounts;
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“(1) The sum of the following;
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“(i) Three hundred pesos (P300.00); 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 
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 (PI,000.00): 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 (PI,200.00)] THREE THOUSAND 
TWO HUNDRED PESOS (P3,200.00) for members with at least ten (10) credited 
years of service and [ Two thousand four hundred pesos (P2,400.00)] FOUR 
THOUSAND FOUR HUNDRED PESOS (P4,400.00) for those with twenty (20) 
credited years of service.
SEC. 3. Any law, presidential decree or issuance, executive order, letter of 
instruction, administrative order, rule or regulation inconsistent with this Act is hereby 
repealed, modified or amended accordingly.
SEC. 4. This Act shall take effect fifteen (15) days after its publication in the 
Official Gazette or in a newspaper of general circulation.
Approved,