President Manuel Roxas, to give relief to the people who were facing difficulties in the post-war period, called on the legislators to create a social security program in his State of the Nation Address in January 1948 but he died without passing the bill.

[5][6] On July 7, 1948, President Elpidio Quirino succeeded Roxas and created the social security study commission through Executive Order No.

On September 1, 1957, the Social Security Act of 1954 was finally implemented under Carlos P. Garcia's term (Magsaysay died March that year).

[11][12] New rules allowed farmers and fisherfolks to be included in the coverage in 1992 and the year after, household helpers earning at least ₱1,000 monthly.

SSS transferred the administration of its Medicare program, which gave benefits for the healthcare purposes of members, to the Philippine Health Insurance Corporation (PhilHealth) when Republic Act No.

[14] In 2017, about 2.2 million people receiving pension from the SSS saw their take-home benefits increased by ₱1,000 with the approval of President Rodrigo Duterte.

11199 or the Social Security Act of 2018 was passed, providing mandatory inclusion of Filipinos working domestically and internationally.

[16] SSS provides death, funeral, maternity leave, permanent disability, retirement, sickness and involuntary separation/unemployment benefits.

[20] Launched in September 2014, it is a provident fund that gives tax-free returns and it can be made available effective upon the retirement of the members or when certain conditions are met, such as permanent disability.

[21][22] The fund gives members the power to choose beneficiaries, and it provides three account options: medical expenses, retirement and disability, and other needs.

[24] Launched in 2001, it is a provident fund that is invested in fixed income securities and whose returns are determined by SSS' short-term placements or 91-day Treasury bills.