 The government has moved with kindness toward the aged by proposing a monthly pension of S₱1,000 to help them gain some financial aid for healthcare, food, and other essentials.
This very special scenario is particularly intended to alleviate the life of indigent senior citizens who have no income and no family backing them up. But what are the selection requirements for this S₱1,000 pension, and how could these seniors go about filing their application?
Who is Eligible for the S₱1,000 Senior Pension?
The S₱1,000 pension is available to individuals who are of Filipino origin and at the age of 60 and above, permanent residents of the Philippines. Underprivileged elderly people are expected to benefit the most from the scheme.
Those without any contribution from the Social Security System (SSS), Government Service Insurance System (GSIS), or private retirement fund as their benefits. Seniors who have no means of livelihood or have no financial support from their families can apply.
However, those who are still working, have a source of income, or earn retirement pensions from SSS, GSIS, or other private institutions will be disqualified.
How to Apply for the Pension?
Eligible seniors who wish to get their applications going may visit the closest DSWD branch office and submit proper documentation which leads to senior citizenship. These could include a verified government identification card, a certificate of residency, a birth certificate, and a barangay certification of indigency. At times, a confirmation of no income or no pension will also be requested.
Application then undergoes verification by the DSWD to the local government units (LGUs). If approved, payment of their pension amounts is done either monthly, quarterly, semi-annual, or a lump-sum amount, through bank transfers, cash distributions, or through the LGU-payout program. It is recommended that the elderly speak to their LGUs for payment schedules.
Can the Pension Amount Increase?
Enhancements to S₱1,000 senior pension need to be made based on budgetary perspectives and other economic conditions of the government. Interest groups lobbying for more financial assistance for the seniors who get increasingly more costly to maintain.
Final Thoughts
It is definitely hoped that the S₱1,000 senior pension will be a life-saver for the indigent Filipino senior citizens. All eligible applicants must complete their requirements and submit their application to the DSWD or their barangay for the proper receipt of benefits. More information is available in the LGU office in your location, or simply walk into the nearest DSWD service center to speak with the competent official regarding your concerns.