My Google Page Rank

Lawmaker bats for 10% increase in government retirees' monthly pension

PDFPrintE-mail

A lawmaker has moved to increase the monthly pension of government retirees by 10 percent to be subsequently increased every five years thereafter.

House Bill No. 5150, authored by Cavite Rep. Lani Mercado-Revilla, shall cover all past, present and future qualified civil servants of the government who retire under the pension system.

The bill authorizes the President of the country to realign or transfer any item appropriate within the Government Service Insurance System (GSIS) and/or utilize any savings to implement the Act. Any additional amount needed shall be included in the overall Appropriations Act of the ensuing Fiscal Years.

"There is a need to upgrade the pension and expand the benefits due our senior citizens so they can address more adequately their subsistence needs and meet their mounting medical expenses that come with their progressively degenerating health conditions of ageing," said Mercado-Revilla.
She explained that the number of GSIS pensioners who are senior citizens increased by 4.9 percent between 2008 and 2009, and 5.6 percent between 2009 and 2010.

As of December 31, 2010, the total number of government retirees already reached 199,579.

Citing a study of the National Statistical Coordination Board (NSCB), Mercado-Revilla said the average pension a senior citizen receives from the GSIS was only P7,768 in 2008, P8,359 in 2009, and P8,586 in 2010. GSIS only approved a 1.5 percent increase in pensions effective January 2010.

She said the share of senior citizens to total population has been steadily increasing over time and is projected to go up to 13.8 percent in 2040.

"After long years of dedicated service in government, molding the minds of our youth and contributing to the creation of human capital in our country, senior citizens certainly deserve a much better pension scheme. It is highly doubtful that the monthly pensions are sufficient even for the subsistence needs of one person, much less when they would need caregivers and additional health expenses," she said.

The Cavite lady lawmaker stressed that upgrading the monthly pension of senior citizens to a living pension stipend would significantly help the sector cope with rising commodity prices and increasing cost of services.

She said it is the declared policy of the State, from time to time, to review and to upgrade the pensions and other benefits due to retirees of both the government and private sectors.

"As far as may be possible, the State should provide a living monthly pension to government retirees cope with rising commodity prices and increasing cost of services. This is to enable them to live a dignified living standard even in retirement in keeping with the commitment of the government," she said.

Mercado-Revilla said the measure is "a timely gesture of recognition and appreciation, even gratitude this nation owes senior citizens for their lifelong, loyal and dedicated service to our people."

By Lilybeth G. Ison - PNA




Related news items:
Newer news items:
Older news items:

Add comment


Security code
Refresh

380 aspiring fire officers take qualifying exams

21 Nov 2017 Hits:39 Be the first to comment!

More or less 380 applicants took the qualifying exam conducted by the Bureau of Fire Protection (BFP-IX) at the Zamboanga State College of Marine Sciences and Technology, yesterday. District Fire Marshal, CI Clint Cha facilitated the tests and said that the Qualifying Examination is for different ranks from Fire Officer 2 (FO2) to Senior Fire Officer 4 (SFO4) coming from the different cities and municipalities. He added that they took the examinations hoping to be included in the 300 quota for the entire Region-IX. BFP officials said the recruitment is aimed to address the lacking number of fire fighters. In case they will pass the exams, then their date of appointment to the higher post and oath taking will be on December 15, 2017. “This [...] Read more

Prev Next Page:

Cops, probers undergo training on drug cases

21 Nov 2017 Hits:38 Be the first to comment!

Members of the local police, investigators and other law enforcement agencies undergo a two-day enhancement training on handling drug cases in a bid to ensure successful implementation of the war [...] Read more


Submarine cable landing stations to speed-up internet connectivity – DOST

21 Nov 2017 Hits:63 Be the first to comment!

The slow internet connection in the country may soon be a thing of the past. This was according to the Department of Science and Technology (DOST) as it welcomed the [...] Read more


LADY PANTHER WRESTLER… ERICA

20 Nov 2017 Hits:58 Be the first to comment!

Este si Erica Bataclan Martinez, su palayao “Ecang”, 17 años , 5’3” el altor,    Su mayores si Oscar B. Martinez y Lariza A. Bataclan Martinez, su hermano y hermana [...] Read more


FOOTBALL CHIEF… TENG

19 Nov 2017 Hits:52 Be the first to comment!

Este si VICENTE EDUARDO S. TORRES, ta llama conele “Teng/Pardz/Boboy”, 62 años de edad , casao y su esposa si Esther Facultad Torres Y diila anak si Pompeyo F. Torres [...] Read more


AboitizPower sustains strong foothold in hydropower business

18 Nov 2017 Hits:121 Be the first to comment!

On the back of a strong demand for renewable energy (RE), AboitizPower continues to ramp up its portfolio of generation facilities across the Philippines. AboitizPower's subsidiary, SN AboitizPower, has completed the [...] Read more


ZAMBOANGA FOOTBALL - ROLL D BALL

18 Nov 2017 Hits:68 Be the first to comment!

Del Nov. 12, 2017 Domingo el Segundo semana de Season long Zamboanga Football league. El primer juego tan feature cun Resto del Mundo contra  Zamboanga United . Ta pricura man [...] Read more


Police shift war on drugs to anti-gun-for-hire drive

17 Nov 2017 Hits:82 Be the first to comment!

Police regional director and vice chair of the Regional Peace and Order Council (RPOC) for Western Mindanao Chief Supt. Billy Beltran announced recently that all police operatives previously assigned in [...] Read more


Military launch rescue ops for latest victims of ASG

17 Nov 2017 Hits:112 Be the first to comment!

Government troops are now conducting operations to rescue the six people, including two children, who have been abducted by about 15 suspected Abu Sayyaf bandits in Patikul, Sulu, according to [...] Read more


OCENR sets city-wide clean up on Nov 25

17 Nov 2017 Hits:60 Be the first to comment!

The City Government through the Office of the City Environment and Natural Resources (OCENR) will head a city-wide clean up drive on November 25. “We are going to have a city-wide [...] Read more


2017 MUAY THAI NATIONAL CHAMPIONSHIPS

17 Nov 2017 Hits:76 Be the first to comment!

Este si Leo Gandy Serrano, 15 años , Grade 10 na Claret High School Ciudad de Zamboanga . Ya principia juga Muay Thai cuando Grade 5 ele , producto le [...] Read more


Zambopen PWDs endorse Kahil as AVRC III head

16 Nov 2017 Hits:79 Be the first to comment!

The Persons with Disabilities (PWDs) in Zamboanga Peninsula as represented by their chosen leaders have strongly endorsed Zamboangueno Teddy Kahil as head of the Area Vocational Rehabilitation Center (AVRC) in [...] Read more


City SWM Board meet set today

16 Nov 2017 Hits:79 Be the first to comment!

The City Solid Waste Management Board will meet today, November 16, to prepare for the full implementation of the solid waste management ordinance in the City slated on November 27. According [...] Read more


BAP BASKETBALL TOURNAMENTS AND ACTIVITIES

16 Nov 2017 Hits:65 Be the first to comment!

Venue : Southern west campus Gym, San Jose Gusu. Category 40 and 50 years old Master division. Team Standing:    WIN         LOSS J VINCE            [...] Read more


Phil. Coast Guard SWM joins clean-up drive

15 Nov 2017 Hits:76 Be the first to comment!

The Philippine Costal Guard Auxiliary SWM, a volunteer organization, joined the International Costal Clean-up drive (ICC 2017) last recently from 5:00 in the morning to 12:00 noon along the coastal [...] Read more


Mendicants rounded up by the CSWDO

15 Nov 2017 Hits:114 Be the first to comment!

At least 266 mendicants and vagrants were rescued from the various streets of the city proper by the newly created Task Force Mendicants, according to Assistant Social Welfare Officer Dr. [...] Read more


GOLDEN BOY SWIMMER…. GRANT VINCCI

15 Nov 2017 Hits:73 Be the first to comment!

Juego de Zamboanga 2017 Swimming Elementary boys, MVP – GRANT VINCCI VILLANUEVA , Grade 6 na Ateneo de Zamboanga University . Ya saka el 5 Gold medalla na 5 individual [...] Read more


15TH LANUZA SURFING FESTIVAL WINNERS ANNOUNCED

14 Nov 2017 Hits:284 Be the first to comment!

Doot Poktoy, Lanuza Surigao Del Sur Philippines– After almost a week long of festivities, the 15th Lanuza Surfing Festival announces Neil Sanchez (Baler), Mark Aguila (Baler), Daisy Valdez (La Union), [...] Read more


Seven hurt in three road mishaps

14 Nov 2017 Hits:113 Be the first to comment!

Seven people were injured in three separate road accidents in Barangays Buenavista and Talisayan, Zamboanga City over the weekend. In Sitio Buntot, Buenavista, an 11-year-old pedestrian identified as Reynalyn Rodriguez y [...] Read more