It is a faithful saying. Better, faithful is the saying. See on 1 Timothy 1:15. It refers to what precedes - the eternal glory of those who are raised with Christ verse 8) which stimulates to endurance of sufferings for the gospel.

For [γ α ρ]. Faithful is the saying that the elect shall obtain salvation with eternal glory, for if we be dead, etc. 136 The following words to the end of verse 12 may be a fragment of a hymn or confession, founded on Romans 6:8; Romans 8:17.

If we be dead with him [ε ι σ υ ν α π ε θ α ν ο μ ε ν]. A. V. misses the force of the aorist. Better, if we died, etc. Comp. Romans 6:8; Colossians 2:20. For the verb, comp. Mark 14:31; 2 Corinthians 7:3.

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Old Testament