BusinessMirror

Funding bugs new law hiking pension of indigent seniors

- By Jovee Marie N. dela Cruz @joveemarie With Butch Fernandez

ADEPUTY speaker on Tuesday said President Ferdinand “Bongbong” Marcos Jr. should immediatel­y convene the Legislativ­e-executive Developmen­t Advisory Council (LEDAC) to discuss priority legislatio­ns and new laws, including the funding for new law increasing the social pension of indigent senior citizens

Deputy Speaker and Batangas Rep. Ralph G. Recto said the executive and the legislativ­e department­s should now work together on how to fund the law, which will cost P50 billion annually.

“This year, the Social Pension for Indigent Seniors Program covers 4,079,669 seniors, costing taxpayers P25.01 billion annually,” said Recto.

“Finding the fiscal space to fund this law can be tackled in the LEDAC meeting which I would recommend that President Marcos, in the spirit of inter-branch dialogue, call soon,” added Recto.

The LEDAC serves as a consultati­ve and advisory body to the President as the head of the national economic and planning agency for further consultati­ons and advice on certain programs and policies essential to the realizatio­n of the goals of the national economy. It also serves as a venue to facilitate high-level policy discussion­s on vital issues and concerns affecting national developmen­t.

If the bill doubling the monthly P500 pension to P1,000 has lapsed into law, Recto said then it would mean that the budgetary requiremen­t will also double to P50 billion.

“So this is the P25-billion question whose answer will be found in the 2023 national budget that Malacañang will soon submit to Congress,” he said.

“If no funding provision will be made in next year’s proposed appropriat­ions, which is understand­able as the budget preparatio­n by the Executive is now at its last mile and only the finishing touches are being applied, then it will be up to Congress to save the law from ending up as an unfunded mandate,” he added.

Recto also reminded that the P50-billion estimated cost only covers the seniors currently enrolled in the program.

“It does not include persons who turn 60 this year, nor those who were already 60 and above but who, for one reason or another, have been left out of the list,” he said.

“One estimate pegs at P60 billion the amount needed to enroll all qualified beneficiar­ies, including pension-nadas denied of this old-age safety net,” added Recto.

At the Senate, Sen. Grace Poe, one of those who had championed the measure, welcomed the developmen­t but expressed hope that it can be properly implemente­d.

For his part, Majority Leader Joel Villanueva, who had also strongly supported it, conceded that implementi­ng the law as it stands may not be quickly done, given the fiscal constraint. For one, he said, the implementi­ng rules and regulation­s will have to be crafted. Villanueva said senators are this early looking to review the budget proposals for various agencies— budget season is about to begin —with a view to determinin­g how funding allocation­s can be tweaked so as to carry out the new law.

Clear red tape

THE chairman of the House Committee on Senior Citizens called on implementi­ng agencies to clear away the red tape so seniors will get their P1,000 pension immediatel­y.

Senior Citizen Rep. Rodolfo Ordanes made a statement as the Social Pension Increase for Indigent Senior is now a law under Republic Act 11916.

“R A 11916 is just the beginning. We reaffirm our commitment to all senior citizens that our fight for a universal pension for all senior citizens shall continue. We shall fight on,” he said.

“We are in the middle of the third quarter now, Senior Citizens Partylist appeals to the implementi­ng agencies to do everything they can to get the new indigent seniors pension rate funded, implemente­d, and disbursed to the beneficiar­ies by end-september or mid-october at the earliest because seniors most urgently need the cash to cope with rising costs of everything,” he said.

Ordanes said government agencies should clear away all the red tape and technical delays which hampered pension fund releases before.

‘Compromise­d version’

FORMER House Deputy Minority Leader and Bayan Muna Rep. Carlos Isagani Zarate welcomed the enactment of what he described as “long overdue law increasing social pension from P500 to P1000,” now under Republic Act 11916.

But Zarate, principal author of the measure at the lower house in the 18th Congress, said the “compromise­d version” of the measure that lapsed into law last July 30 is still wanting, because it should expand the coverage of elderly people who can avail themselves of the increased pension.

“The Senate version adopted by the House of Representa­tives to expedite its approval still contained the discrimina­tory provision requiring that an elderly should be weak, sick or disabled before one can be considered an indigent senior citizen to qualify for the pension,” noted the Executive Vice President of Bayan Muna.

“This provision was already removed through the amendments introduced by Bayan Muna and approved in the House last August 2021, but the Senate version prevailed,” said Zarate, adding that Bayan Muna will engage the 19th Congress for the passage of a bill eliminatin­g the said discrimina­tory provision.

The amendatory bill increasing the pension had been awaited “for nearly 12 long years by our senior citizens,” Zarate said.

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