DBM: Social pension for indigent seniors gets P49.8B in 2025 NEP

Quick Summary:

RA 11916 doubles the monthly pension for senior citizens from P500 to P1,000.

Eligible recipients must be 60 years old and above, frail and sickly, and without pensions from other government sources such as the Government Service Insurance System, Philippine Veterans Affairs Office, Social Security System, and private insurance companies.

Of the delisted, 1,327 were pensioners of the Social Security System and the Government Service Insurance System, 830 had honorarium or salary, 331 received regular support from their family, and the rest died or transferred residence and could not be located.

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Article Details

Author / Journalist: BusinessMirror

Category: BusinessStartups

Markets: Philippines

Topics: Social Pension Indigent System Department Budget Support Citizens Senior Program Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 16:03:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 639 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 22231288

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About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 45 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 15 hours ago

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Publisher ID: #37

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