Duterte signs law increasing monthly pension of Filipino war veterans
Credit to Author: eestopace| Date: Thu, 10 Jan 2019 10:26:36 +0000
MANILA, Philippines —President Rodrigo Duterte has signed into law an act seeking to increase the monthly pension of Filipino war veterans.
Duterte signed Republic Act No. 11164 or An Act Increasing the Monthly Old-Age Pension of Senior Veterans on Dec. 20, 2018. A copy of the law was sent to the media on Thursday.
Eligible to receive theP15,000 increase in the current monthly old-age pension of P5,000 are the living senior veterans of World War II, Korean War, and Vietnam War.
Those who have not been receiving pension from the Armed Forces of the Philippines will also be entitled to the P20,000 monthly pension.
The additional pension, however, is non-transferable to any of the veteran’s relatives or dependents.
The amount necessary for the initial implementation of the law will be charged to the current year’s available appropriation of the Philippine Veterans Affairs Office (PVAO).
“Thereafter, such sums as may be needed for the continued implementation of this Act shall be included in the annual General Appropriations Act,” the law noted. /ee
