The National Pension Commission (PenCom) has cautioned that it will miss its 30% funding target for the Personal Pension Plan (PPP) by the fourth quarter of 2026. The latest industry report reveals that 91% of PPP accounts remain unfunded, with only 18,811 out of over 219,000 registered accounts receiving contributions. PenCom attributed the gap to a focus on registrations rather than savings mobilization and announced plans to reset its strategy by partnering with cooperatives, fintechs, and trade unions to drive active participation. Meanwhile, general Retirement Savings Account registrations reached 11.18 million, driven largely by contributors under age 40.