- Senator Bong Revilla is seeking to extend the cash incentives given to centenarians to 80 and 90-year-olds
- He said the cash incentive would greatly benefit the elderly if given early
- Under his proposal, 80-year-olds will receive P25,000 and another P25,000 when they reach the age of 90
Senator Ramon “Bong” Revilla Jr wants the government to grant 80 and 90-year-olds cash incentives.
Revillas is seeking to amend the Centenarians Act of 2016 by extending it to include the 80 and 90-year-old citizens. Under the current law, Filipinos who reach the age of 100 years old will receive P100,000 cash incentive from the government.
Revilla noted that since not many Filipinos reach that age, it would be better if they can receive a “partial” amount from the cash incentives. He said, Filipinos who reach 80 will be given P25,000 and another P25,000 when they reach the age of 90. The remaining P50,000 will be given if they turn 100 years old.
Under Senate Bill 295 filed by Revilla, “With the rising cost of living and healthcare expenses, most of our senior citizens find it very difficult to afford basic necessities and have to forego expensive medications and procedures.”
Revilla explained that more eldery would benefit greatly from the cash incentives if it’s given early.
“Ika nga sa kasabihan natin, aanhin pa ang damo kung pa
tay na ang kabayo. Kakaunti na lang ang mga kababayan nating umaabot sa 100,” he said.
“Dapat talaga na hatiin natin at mas agahan natin ang pagbibigay ng cash gift sa ating mga lolo at lola para mas pakinabangan nila yung tulong ng pamahalaan. Yung edad kasi na 80 at 90, doon mas kailangan ng mga nakatatanda natin ng pampagamot,” he added.
However, the Department of Budget and Management assistant director Jane Abella confirmed that they will have to further study the bill, especially on the source of funds. She said at least P19.8 billion is needed if the measure will be passed into law.