President Marcos has ordered the Social Security System (SSS) and Government Service Insurance System (GSIS) to guard funds with integrity and invest wisely. In his speech at the ceremonial launching of the SSS Pension Reform Program on Wednesday, Sept. 10, Marcos reminded both institutions to...
Senator Risa Hontiveros is pushing for the passage of the bill providing all senior citizens with a P1,500 monthly social pension to augment their daily living expenses. Hontiveros filed Senate Bill No. 215 or the Lingap Para Kay Lolo at Lola Act which is one of her priority bills for the 20th...
A military and uniformed personnel (MUP) reform has not made the cut for the priority legislation of President Ferdinand Marcos Jr.’s three remaining years, as enacting changes would entail higher costs. “I think the reform will be more costly at this point in time,” Finance Secretary Ralph...
With the Philippines’ Social Security System (SSS) receiving a poor rating from a global pension index last year, a finance expert suggested that consolidating all state and private retirement schemes into a unified pension system would be an ideal and more sustainable move for the government....
Senatorial candidate Bam Aquino plans to propose a P2,000 monthly social pension for all senior citizens to help with their medication and food expenses if he wins a Senate seat in the upcoming midterm polls this May. Former senator Bam Aquino interacts with senior citizens during the...
ACT-CIS Party-list Rep. Erwin Tulfo (Mark Balmores/ MANILA BULLETIN)) Alyansa para sa Bagong Pilipinas senatorial bet ACT-CIS Party-list Rep. Erwin Tulfo is eyeing the enactment of a law that would institutionalize a pension system for...
Senator Imee Marcos (left), Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) Albay 2nd district Rep. Joey Salceda took advantage of the recent visit of Senator Imee Marcos to his province in a bid to move the proposed Universal...
Senate President Jinggoy Ejercito Estrada has joined calls to include all Filipinos aged 60 and above in the coverage of the monthly social pension given to indigent senior citizens. This, after a group of citizens called on the Senate for the immediate passage of a universal social pension...
Department of Budget and Management (DBM) Secretary Amenah F. Pangandaman has approved the release of P30.409 billion to cover the regular pension requirements of military and uniformed personnel (MUP) for the first quarter of 2025. “For many MUP retirees and their families, pensions are a...
Marikina City 2nd district Rep. Stella Quimbo speaks to her fellow rallyists outside the Senate in Pasay City (Rep. Quimbo’s office) Showing her commitment to senior citizens' welfare, Marikina 2nd district Rep. Stella Quimbo joined a...
A group of senior citizens on Monday, January 20 trooped to the Senate to rally for the passage of a bill that aims to grant social pension to all senior citizens in the country. The United Senior Citizens (USC) Party-list led by Rep. Milagros Aquino-Magsaysay urged the Senate to expedite...
(MANILA BULLETIN) Camarines Sur 2nd district Rep. LRay Villafuerte is prodding senators to pass before the end of the 19th Congress the counterpart to the House-passed measure on an expanded social safety net initiative granting a monthly stipend to all...