The Social Security System (SSS) in the Philippines has commenced an early rollout of the second tranche of its Pension Reform Program (PRP), aimed at providing relief to approximately 4.1 million pensioners amid rising inflation and energy costs. Finance Secretary Frederick Go and SSS President Robert Joseph de Claro announced that the agency will distribute around P6 billion in additional pension benefits from June to August 2023. The revised schedule allows pensioners on record as of May 31 to start receiving increased benefits from June 1, with further adjustments for those whose contingencies occur between June and August. Under the PRP, retirement and disability pensioners will benefit from a 10% increase in their monthly pensions, while death and survivor pensioners will receive a 5% increase. This initiative marks the first multiyear pension increase in SSS history, with annual increases planned from 2025 to 2027. Unlike the previous pension hike in 2017, this adjustment will not necessitate contribution increases from active members.