Congress will find funding for seniors’ pension hike – solon | Inquirer News

Congress will find funding for seniors’ pension hike – solon

/ 11:21 PM October 24, 2022

Young woman’s hand over an older man’s hands holding a cane. STORY: Congress will find funding for seniors’ pension hike – solon

MANILA, Philippines — Congress will find funding in the 2023 national budget for the increased pension of indigent senior citizens, Rep. Rodolfo Ordanes of the Senior Citizens party-list said in a statement issued on Sunday.

“We simply have to let the budget process run its course as it has in the House and is ongoing now at the Senate,” Ordanes said.

Article continues after this advertisement

An increased pension of P1,000 monthly is mandated by Republic Act No. 11916, which lapsed into law last July 30.

FEATURED STORIES

“The senators are well aware of RA 11916 and its urgency. The House leadership also has a high awareness of the new law for indigent seniors,” Ordanes said.

Advocates of the welfare of senior citizens praised the law but were worried that its implementation might not be feasible given the tight budget allocations and the growing population of older people.

Article continues after this advertisement

According to a previous report, the number of older people registered for the program increased from around three million in 2021 to over four million in 2022.

Article continues after this advertisement

With the increases, lawmakers estimate additional funding of P25 billion would be needed.

Article continues after this advertisement

But Ordones maintained that the law could certainly be implemented in 2023. He said the issue would be addressed during the bicameral conference after the Senate had passed its version of the budget.

“There is no uncertainty in RA 11916 happening in 2023 because the detailed behind-the-scenes work continues. The best timing would be during the bicameral conference on the 2023 proposed budget,” he said.

Article continues after this advertisement

“There is no let up in our hard work to champion the welfare of seniors, especially the indigents. We are unrelenting,” he added.

—WITH A REPORT FROM JOSHUA GO (TRAINEE)

RELATED STORIES

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Bill seeking higher social pension for indigent elderly now a law

Hike of seniors’ pension to P1,000 lauded, but fund source murky

atm
TAGS:

No tags found for this post.
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.