BusinessMirror
  • News
    • News
    • Top News
    • Regions
    • Nation
    • World
    • Asia Today
  • Business
    • Business
    • Agri-Commodities
    • Asean Economic Community
    • Banking & Finance
    • Companies
    • Economy
    • Entrepreneur
    • Executive Views
    • Export Unlimited
    • Harvard Management Update
    • Monday Morning
    • Mutual Funds
    • Stock Market Outlook
    • The Integrity Initiative
  • Sports
  • Opinion
    • Opinion
    • Columns
    • Editorial
    • Editorial cartoon
  • Life
    • Life
    • Art
    • Design&Space
    • Digital Life
    • Journey
    • Motoring
    • 360° Review
    • Property
    • Show
    • Tech
    • Tourism
    • Y2Z
  • Features
    • Biodiversity
    • Education
    • Envoys & Expats
    • Explainer
    • Faith
    • Green
    • Health & Fitness
    • Mission: PHL
    • Our Time
    • Perspective
    • Photo Gallery
    • Science
    • Today in History
    • Tony&Nick
    • When I Was 25
    • Wine & Dine
  • BMPlus
    • BMPlus
    • SoundStrip
    • Live & In Quarantine
    • Bulletin Board
    • Marketing
    • Public Service
    • CSR
  • The Broader Look

Today’s front page, Saturday, September 30, 2023

Subscribe
BusinessMirror
BusinessMirror
  • News
    • News
    • Top News
    • Regions
    • Nation
    • World
    • Asia Today
  • Business
    • Business
    • Agri-Commodities
    • Asean Economic Community
    • Banking & Finance
    • Companies
    • Economy
    • Entrepreneur
    • Executive Views
    • Export Unlimited
    • Harvard Management Update
    • Monday Morning
    • Mutual Funds
    • Stock Market Outlook
    • The Integrity Initiative
  • Sports
  • Opinion
    • Opinion
    • Columns
    • Editorial
    • Editorial cartoon
  • Life
    • Life
    • Art
    • Design&Space
    • Digital Life
    • Journey
    • Motoring
    • 360° Review
    • Property
    • Show
    • Tech
    • Tourism
    • Y2Z
  • Features
    • Biodiversity
    • Education
    • Envoys & Expats
    • Explainer
    • Faith
    • Green
    • Health & Fitness
    • Mission: PHL
    • Our Time
    • Perspective
    • Photo Gallery
    • Science
    • Today in History
    • Tony&Nick
    • When I Was 25
    • Wine & Dine
  • BMPlus
    • BMPlus
    • SoundStrip
    • Live & In Quarantine
    • Bulletin Board
    • Marketing
    • Public Service
    • CSR
  • The Broader Look
  • Top News

Senate ratifies bicam report on bill raising veterans’ disability pension

  • Butch Fernandez
  • June 1, 2023
  • 2 minute read

AFTER nearly three decades, disabled veterans can now look forward to getting a higher monthly pension as the Senate ratified on Wednesday the reconciled bicameral conference committee report on the measure that will standardize and upgrade the benefits due to military veterans and their dependents.

“Para sa mga beterano nating mga sundalo at kanilang pamilya, malaking tulong sa kanilang arawang gastusin ang pagtaas ng kanilang buwanang disability pension. Ang kasalukuyang natatanggap nila na may halaga na lang na P287 ay hindi sapat kahit man lang para makapanood sila ng sine. Paano pa kaya kung ipambibili nila ito ng kanilang gamot? Kaya makatwiran lamang na ibigay natin ang nararapat na benepisyo na utang natin sa kanila,” said Senator Jinggoy Ejercito Estrada, principal author and sponsor of Senate Bill 1480.

Estrada, chairman of the Senate Committee on National Defense and Security, said the ratification of the bill rationalizing the disability pension of veterans will correct the grave injustice and accord disabled veterans the dignity, respect, and care that they truly deserve.

The disability base rate will be raised to P4,500 from the current P1,000 or an increase of 350 percent. Those presently receiving P1,700, which has the highest disability rating, will be receiving P10,000 or an increase of P8,300, equivalent to 488 percent. The P500 monthly pension for the spouse and each unmarried minor child will be adjusted to P1,000.

Only minor differences were made in reconciling the disagreeing provisions of Senate Bill No. 1480 and House Bill No. 7939, which will amend Republic Act 6948 as the House agreed to use the Senate version as the working draft, Estrada said.

Incidentally, both Houses proposed similar rates of increase, he added.

Also, Section 1 of the Senate version was adopted, which simplified and clarified the provision on who will be entitled to the Total Administrative Disability pension of P1,700. This will cover the veterans who have reached the age of 70 but have not been receiving any disability pension.

This is the second bill principally authored by Estrada to be ratified by the Senate in the current Congress, the first of which is the bill amending the rules on fixed terms and tours of duty of the Armed Forces of the Philippines Chief of Staff.

President Ferdinand R. Marcos  Jr. last May 17 signed Republic Act 11939, or the Act Further Strengthening Professionalism and Promoting the Continuity of Policies and Modernization Initiatives in the AFP, which amended RA 11709.

0
0
0
0
Share 0
Tweet 0
Pin it 0
Share 0

Know more

Know more
  • 11 min
  • Top News

Shifting sands, changing lives

  • Henry Empeño
  • September 30, 2023
Know more
  • 2 min
  • Top News

ADB unlocks $100B in fresh funding to boost regional growth in next 10 years

  • Cai U. Ordinario
  • September 30, 2023
Know more
  • 2 min
  • Top News

Inflation may have breached 6% mark in September–BSP

  • Cai U. Ordinario
  • September 29, 2023
Know more
  • 2 min
  • Top News

BSP: Hot money posts $153M inflow in August

  • Cai U. Ordinario
  • September 29, 2023
Know more
  • 2 min
  • Top News

FCDU loans slip 0.4% to $15.4 billion in June

  • Cai U. Ordinario
  • September 29, 2023
Know more
  • 2 min
  • Government
  • Motoring
  • Top News
  • Transportation

Marcos halts collection of pass-through fees for vehicles transporting goods

  • Samuel P. Medenilla
  • September 29, 2023
Know more
  • 2 min
  • Asia Today
  • International Relations
  • Top News

Multilateral West Philippine Sea patrols with US, other allies eyed

  • Malou Talosig-Bartolome
  • September 29, 2023
Know more
  • 2 min
  • Top News

Teodoro assures Comelec of DND support for peaceful BSKE in October

  • Rex Anthony Naval
  • September 29, 2023
Know more
  • 2 min
  • Top News

Bigger government subsidy for PUV modernization program pushed

  • Butch Fernandez
  • September 29, 2023
Know more
  • 2 min
  • Government
  • International Relations
  • Top News

US says Philippines took ‘bold step’ in barrier row with China

  • Bloomberg News
  • September 29, 2023
Know more
  • 2 min
  • Top News

PRC Chairman Gordon sees Subic as Asia’s cargo or humanitarian hub

  • BusinessMirror
  • September 29, 2023
Know more
  • 1 min
  • Top News

DOH reminded anew to release health-care workers’ allowances

  • BusinessMirror
  • September 29, 2023
Know more
  • 3 min
  • Top News

PNP-CIDG asks DOJ to compel filing of charges vs. Fil-Indian businessman for illegal possession of firearms and explosives

  • Joel R. San Juan
  • September 29, 2023
Know more
  • 2 min
  • Top News

PBBM orders DOH, CHED to oversee efficient implementation of Clinical Care Associates Upskilling Program

  • Samuel P. Medenilla
  • September 29, 2023
TUCP
Know more
  • 1 min
  • Top News

Trabaho Para sa Bayan Act to ensure ‘more, better’ jobs—TUCP

  • Patrick V. Miguel
  • September 29, 2023
Know more
  • 1 min
  • Top News

DMW to ensure Filipino Seafarers will benefit from Magna Carta

  • Samuel P. Medenilla
  • September 29, 2023
Know more
  • 2 min
  • Top News

SAF members cited for gallantry in Zamboanga City gunfight with drug dealer

  • Manuel Cayon
  • September 29, 2023
Know more
  • 2 min
  • Top News

Marcos in honoring Metrobank awardees: ‘We are not a damaged culture’

  • Samuel Medenilla
  • September 29, 2023
Know more
  • 2 min
  • Top News

BSP keen on slashing reserve ratio in 2024

  • Cai U. Ordinario
  • September 29, 2023
shipping container cargo logistics
Know more
  • 1 min
  • Top News

Maritime trade seen growing by 2.4% this year

  • Lorenz S. Marasigan
  • September 29, 2023

Subscribe

BusinessMirror
  • About Us
  • Contact Us
  • Advertise with us
  • Privacy Policy
  • Cookie Policy
  • Podcast
  • Text-Only Homepage

Input your search keywords and press Enter.