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Palace is encouraged to incorporate the P25-B pension to raise money in the budget for 2023.

Rep. Johnny Pimentel of Surigao del Sur has urged Malacanang to include the additional PHP25 billion needed to cover the PHP500 increase in the monthly pension of elderly indigents in the proposed national budget for 2023.

In a news release on Sunday, Pimentel stated, “We are hoping that the PHP25 billion would be reflected into the budget bill that the Palace is due to present to Congress on August 22. The government is compelled to raise money to cover the cost of the pension hike.

Given the rising cost of food and other necessities, he continued, “We must increase the allowance of poor seniors so that they can fulfill their daily subsistence, including health maintenance needs.”

As stated in Section 25 of the Constitution, “Congress may not increase the appropriations requested by the President for the operation of the government as stipulated in the budget,” according to Pimentel.

“It would be preferable if the budget offered to Congress already included the additional PHP25 billion,” Pimentel said. “Congress can decrease the budget, but we can’t increase it.”

Prior to its expiration, the bill increasing the monthly pension for elderly people who are impoverished from PHP500 to PHP1,000 became Republic Act No. 11916 without the signature of President Ferdinand Marcos Jr.

The Social Pension Program for Indigent Senior Citizens (SPPISC) receives funding from the Department of Social Welfare and Development’s annual budget (DSWD).

This year, the SPPISC has been given PHP25 billion in funding, which would cover the PHP500 monthly stipend for 4.1 million elderly people who were classified by the DSWD as being poor.

Another PHP25 billion would be required to fund the pension’s growth to a PHP1,000 monthly benefit.

With the oldest seniorsโ€”those 80 years of age and overโ€”getting first priority, the DSWD distributes the monthly pension based on three priority age categories. Seniors between the ages of 70 and 79 are given preference, followed by seniors between the ages of 65 and 69.

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