Filipinos celebrating their 80th, 85th, 90th, and 95th birthdays will receive a P10,000 cash gift from the government, after President Ferdinand Marcos Jr. signed. this Monday, the amended Centenarian Act.
Under such a law signed by Marcos in Malacañang, Filipinos, whether in the Philippines or abroad, who reach 100 years of age will still receive a P100,000 cash gift.
According to the National Commission of Senior Citizens (NCSC), such a law that provides cash gifts is a recognition of a person’s healthy lifestyle to prolong his life.
”The clamor of older persons/senior citizens and the general public to extend or expand the benefits and privileges to those milestone years apart from those reaching 100 years old as centenarians, were heard and now being realized for the enjoyment of our beloved older persons,” according to the NCSC.
In the previous statement, Senator Ramon Revilla Jr., author of the law, said, his goal is to make the elderly Filipinos happy by providing them with cash benefits that they can use.
In said law, Filipinos will receive P10,000 when they reach the age of 80 and P10,000 again every five years until they reach the age of 95. And when they reach their 100th birthday, they will receive P100,000 from the government.
Filipinos aged 80, 85, 90, and 95 to receive P10K
Marcos also co-signed this Monday the new law Takak Pinoy Act (Republic Act No. 11981), to support Filipino-made products.
”The Tatak Pinoy Act is about investing in Filipino competence and talent — that genius and gift must be supported not by exhortation alone but by true, tangible support,” Marcos said in his speech.
”It is about creating products and services of the highest quality because ‘Tatak Pinoy’ is also about excellence, and as a seal of great workmanship, it must only be applied to those that meet these high standards, and as such, we shall give preference and priority to our products,” he added.
Meanwhile, Marcos did not co-sign the Magna Carta of Filipino Seafarers, which according to Presidential Communications Office (PCO) Secretary Cheloy Garafil, is still under review.
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