Three million senior citizens get additional subsidy from TRAIN

Senior Citizens of the Philippines get additional cash grant under the new tax reform (ctto)

Around three million senior citizens are now qualified to receive an additional P200 every month from the government as part of the tax reform’s law unconditional cash grant for the poor seniors.

According to the Department of Social Welfare and Development (DSWD) officer-in-charge Emmanuel Leyco, indigent senior citizens who are included in the government’s social pension program will receive a lump sum amount of P2,400 this coming March.

The said amount will be on top of their monthly amounting to P500.

The P200 additional cash grant is provided in the Tax Reform for Acceleration and Inclusion (TRAIN) Law to balance the possible price increase of some basic needs in the market due to the new taxes imposed.

These qualified senior citizens are among the 10 million beneficiaries of the unconditional cash grant – also included are the beneficiaries of the Pantawid Pamilyang Pilipino Program or 4 Ps.

Leyco also confirmed that subsidy will increase to P300 per month for two consecutive years.

Meanwhile, DSWD clarified that not every senior citizens are qualified to receive the TRAIN subsidy as well as the P500 monthly.

“The law specifies that seniors qualified to receive the P500 monthly pension under the social pension program of the department are those who are frail, sickly or with disability; without any pension from other government agencies; and without a permanent source of income or source of financial assistance/compensation to support their basic needs,” DSWD’s statement.

“Inasmuch as DSWD would want to include all senior citizens, the budget for the social pension program is limited,” the agency added.

Almost P20 million fund allocation is set for the monthly social pension of the beneficiaries.

“Although issues of exclusion and inclusion may happen somewhere, the final list should still be validated by DSWD. Furthermore, the department’s regional offices are constantly monitoring the implementation of the program,”

“If you hear of or witness any anomaly, report this immediately to any DSWD regional office or inform us through our social media accounts. Rest assured that we do not tolerate any corrupt practice in our program/project implementation,” he added.

The agency also reminded the Filipinos to report anomalies immediately to any DSWD regional office or through media accounts, as corruption will not be tolerated.

 Source: Philstar

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