Tag: social pension

Seniors get ₱51.6 billion pension fund plus ₱3.4 billion Centenarians Act benefit starting at age 80 in 2027 budget

The Marcos administration’s proposed 2027 national budget allocates ₱51.6 billion for the social pension of indigent senior citizens and ₱3.4 billion for the Expanded Centenarians Act, which now provides financial assistance to seniors reaching the milestone ages of 80, 85, 90, 95, and 100, not just centenarians as the original law provided, Budget Secretary Kim Robert De Leon said Saturday. De Leon…

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