Indigent senior citizens can now receive their social pension monthly, bi-monthly, or quarterly, rather than the previous semi-annual schedule, according to a Department of Social Welfare and Development (DSWD) official on Thursday, Aug. 29. In a memorandum circular (MC) to all regional directors,...
Department of Social Welfare and Development (DSWD) Assistant Secretary Irene Dumlao clarified on Wednesday, Aug. 21 that its social pension program is only for indigent senior citizens. This statement was issued to address any confusion about eligibility for the Social Pension for Indigent Senior...
(MANILA BULLETIN) Senior Citizen Party-list Rep. Rodolfo Ordanes sees the need to institutionalize a pension system for Filipino farmers and fishermen. For this purpose, Ordanes filed House Bill (HB) No.10740 or the proposed “Agriculture Pension...
Carlos Yulo The House of Representatives is now studying the possibility of giving more benefits--including a lifetime pension--to Filipino Olympic medalists as a way to recognize them for the honor and prestige that they brought to the...
By ELLALYN DE VERA-RUIZ Over 3.7 million indigent senior citizens nationwide have benefited from the social pension program of the Department of Social Welfare and Development (DSWD) in the first half of the year, receiving a total disbursement of P21.8 billion, DSWD spokesperson Irene Dumlao said...
The Commission on Human Rights (CHR) looks forward to the enactment into law of House Bill No. 10423 that would provide monthly social pension to all senior citizens regardless of their financial status. Currently, only indigent seniors receive a monthly social pension of P500. House Bill...
For only P500, Social Security System (SSS) members can start saving up for their retirement fund and earn a higher annual return through its reintroduced savings program. SSS President and Chief Executive Officer Roland Ledesma Macasaet urged its members to enroll in the MySSS Pension Booster,...
The Department of Budget and Management (DBM) has greenlit the release of P14 billion to cover the regular pension requirements of military retirees for the period of July to September 2024. The approval, granted on June 14, 2024, comes in response to the Department of National Defense (DND) –...
Members of the Social Security System (SSS) will start receiving text messages about their late payments or past due on their short-term member loans to renew their loans after paying them off. SSS Senior Vice President for Lending and Asset Management Group Pedro T. Baoy said that they will...
The Department of Finance (DOF) said the newly launched pension scheme by the Social Security System (SSS) is a vital step towards financial empowerment for Filipino workers. In a statement, Finance Secretary Ralph G. Recto said the MySSS Pension Booster program is closely aligned with the...
State-run Social Security System (SSS) is targeting to raise approximately P5 billion next year as an initial deposit from its revamped retirement program. Rolando Ledesma Macasaet, SSS president and chief executive officer, said he is confident in achieving the P5 billion goal due to the...
(MANILA BULLETIN) The House of Representatives has unanimously passed on third and final reading a measure granting universal social pension worth no less than P500 to senior citizens. Approved in plenary session Tuesday night, May 21 on...
