The only problem with our Social Security system? Benefits are too low. | Social Security Works

China has the world's largest social security system covering elderly care, medical care and minimum social security benefits. The basic endowment insurance covers over 900 million people and medical insurance over 1.3 billion people, achieving blanket medical insurance. The life expectancy had also risen to 77 in 2018. #WhyChina | CGTN

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WATCH: President Ferdinand R. Marcos Jr. arrives at the Social Security System (SSS) Main Office in Quezon City to lead the ceremonial launching of the historic SSS Pension Reform Program. Under this, pensions for retirement and disability will increase by 10% starting this September, another 10% in Sept. 2026, and 10% in Sept. 2027. Death or Survivor Pension will also increase by 5% this month and succeed with 5% in 2026 and 2027. | via Harley Valbuena | PTV

Realizing the Administration’s vision to improve the welfare of the elderly and strengthen their social protection, President Ferdinand R. Marcos Jr. joins the Social Security System (SSS) in launching the Pension Reform Program (PRP) at the SSS Main Office in East Avenue, Quezon City on September 10, 2025. A landmark initiative by the SSS, the PRP introduces a structured three-year pension increase for all SSS pensioners, reportedly the first multi-year adjustment in the institution’s 68-year h