House Ways and Means Committee Chairman Albay 2nd district Rep. Joey Sarte Salceda is confident that, by year end, the government will have hit its economic growth targets. This, despite the fact that the Philippine economy slowed down to 7.4 percent in the second quarter of 2022. Albay 2nd...
A measure doubling the amount of monthly social pension being received by indigent senior citizens has lapsed into law. In a letter to Senate President Juan Miguel "Migz" Zubiri dated Monday, Aug. 1, Executive Secretary Vic Rodriguez said Republic Act (RA) No. 11916 already lapsed into law on July...
The law increasing the P500 monthly social pension of 4.08 million indigent senior citizens to P1,000 is a ‘’great legacy of the 18th Congress". Senate Majority Leader Joel Villanueva happily told his fellow senators in the plenary session Tuesday, Aug. 2 that the bill doubling the amount of...
State-run Government Service Insurance System (GSIS) expressed willingness to manage the military and uniformed personnel (MUP) pension fund once it is enacted into law. Jose Arnulfo “Wick” Veloso, GSIS president and general manager, said pension fund is open to cooperate with the national...
Senator Risa Hontiveros has filed a measure seeking to increase the pension of senior citizens in the country. Sen. Risa Hontiveros(Senate of the Philippines / MANILA BULLETIN) In filing Senate Bill No. 141 or the proposed “Lingap Para Kay Lolo at Lola Act,” Hontiveros sought to increase the...
Senator Risa Hontiveros, the incoming opposition leader, vowed on Monday, June 27, to continue advocating for the protection of the country’s democratic institutions as she warned “people who bear false information” that the fight for the truth will be pursued. Reelectionist Senator Risa...
Re-elected Pasig City Mayor Vico Sotto said on Monday, June 20, that the local government will focus and refine their efforts in creating, funding, and implementing more social service programs and projects in the city for his next three-year term. Pasig City Mayor Vico Sotto delivering a speech...
The Government Service Insurance System (GSIS) granted a total of P221 billion of loans to 1.38 million active members and pensioners nationwide from January 2021 to May 15, 2022. (GOVERNMENT SERVICE INSURANCE SYSTEM) “We rolled out several programs under our 'Ginhawa for All' benefit bundles to...
A reelected congressman is hoping that outgoing President Duterte will sign an amendatory law doubling the monthly pension of indigent senior citizens from P500 to P1,000 before the latter steps down from office at the end of the month. Camarines Sur 2nd district Rep. LRay Villafuerte (Facebook)...
Re-elected Senator Joel Villanueva fulfills one of his campaign promises after the Upper House passed on third and final reading Senate Bill 2506 which proposes a P500 increase in the monthly social pension for indigent senior citizens. “This is a huge blessing as we have already fulfilled one of...
With the forthcoming change in leadership, the Department of Finance (DOF) said the government should continue its reforms in the military and uniformed personnel (MUP) pension scheme to ensure the county's fiscal stability. Finance Chief Economist Gil S. Beltran said the government is spending...
Reelectionist Senator Joel Villanueva wants to double the monthly social pension of senior citizens to P1,000, saying that it is the least the government could do for a sector that is one of the worst-hit by the pandemic, rising cost of fuel, and inflation. “The current P500 monthly allowance is...
