Indigent senior citizens are set to receive P1,000 monthly social pension from the Department of Social Welfare and Development starting February 2024.
Republic Act No. 11916, which lapsed into law in July 2022, provides for a 100 percent increase in the monthly pension of indigent senior citizens from P500 to P1,000 to further help indigent seniors cushion the impact of high inflation.
In a press statement, Assistant Secretary for Strategic Communications Romel Lopez said funds for the realization of Republic Act 11916 or an Act Increasing the Social Pension of Indigent Senior Citizens were already included in the agency’s 2024 budget.
“The funds increasing the monthly stipend for social pensioners were already approved and included in the 2024 budget of the agency,” the DSWD spokesperson said.
The monthly social pension for seniors is given to the qualified beneficiaries on a semestral basis with a total amount of P6,000 per payout to augment their daily subsistence and other medical needs.
“The social pension is provided to eligible and qualified indigent senior citizens to augment their daily subsistence and address their medical needs,” the DSWD spokesperson said.
The social pension program covers indigent senior citizens who are frail, sickly, or have a disability, or those who have no permanent source of income, and regular support from their family or relatives.
Senior citizens are considered eligible for the program if they are not receiving pensions from the Social Security System (SSS), Government Service Insurance System (GSIS), Philippine Veterans Affairs Office (PVAO), Armed Forces and Police Mutual Benefit Association, Inc. (AFPMBAI), or any other private insurance company.
Some 4,085,066 indigent senior citizens are covered by the social pension program for Year 2024 and are eligible for their monthly stipend.