The Philippine House of Representative Special Committee on Senior Citizens has approved a bill granting cash gifts to senior citizens who reach the age of 85, 90, and 95.
The House Special Committee on Senior Citizens, presided by Senior Citizens Party-list Rep. Milagros Aquino-Magsaysay, the committee vice chairman, approved the unnumbered substitute bill amending Section 2 of Republic Act 10868 or the “Centenarians Act of 2016” by including senior citizens who reach 85, 90, and 95 in the grant of cash gifts.
The newly approved House Bill by the House Panel proposes that a cash gift of P25,000 shall be given to all Filipinos, whether residing in the Philippines or abroad, who reach the age of 85 and another P25,000 upon reaching 90 years old. They shall receive an additional P50,000 when they reach the age of 95.
All Filipino senior citizens residing here in the country and abroad who reached 100 years old, shall be honored with a letter of felicitation from the President of the Philippines congratulating them on their longevity in addition to a Centenarian Gift in the amount of P100,000 each.
The requisite fund for the initial year of implementation shall be sourced from the available funds of the Department of Social Welfare and Development (DSWD) and subsequently, the amount necessary to implement the provisions of the measure shall be included in the General Appropriations Act.
The Secretaries of the DSWD, Department of Interior and Local Government, Department of Health, and Commission on Filipinos Overseas shall promulgate the necessary guidelines for and shall take the lead in the effective implementation of the measure.
The House Special Committee on Senior Citizens, presided by Senior Citizens Party-list Rep. Milagros Aquino-Magsaysay, the committee vice chairman, approved the unnumbered substitute bill amending Section 2 of Republic Act 10868 or the “Centenarians Act of 2016” by including senior citizens who reach 85, 90, and 95 in the grant of cash gifts.
The newly approved House Bill by the House Panel proposes that a cash gift of P25,000 shall be given to all Filipinos, whether residing in the Philippines or abroad, who reach the age of 85 and another P25,000 upon reaching 90 years old. They shall receive an additional P50,000 when they reach the age of 95.
All Filipino senior citizens residing here in the country and abroad who reached 100 years old, shall be honored with a letter of felicitation from the President of the Philippines congratulating them on their longevity in addition to a Centenarian Gift in the amount of P100,000 each.
The requisite fund for the initial year of implementation shall be sourced from the available funds of the Department of Social Welfare and Development (DSWD) and subsequently, the amount necessary to implement the provisions of the measure shall be included in the General Appropriations Act.
The Secretaries of the DSWD, Department of Interior and Local Government, Department of Health, and Commission on Filipinos Overseas shall promulgate the necessary guidelines for and shall take the lead in the effective implementation of the measure.
Source: PNA / Manila Standard
House Panel Approves P25K Cash Gift for 85 Years Old & Upward Senior Citizens
Reviewed by Phil Newsome
on
January 30, 2019
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Reviewed by Phil Newsome
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January 30, 2019
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