ZAMBOANGA CITY—Senior-citizen residents of this city are set to receive cash incentives from the local government.
This, as the City Council on Monday approved on third and final reading Ordinance 2017-28 that grants cash incentives to senior citizens and providing funds thereof.
“There will be cash incentive for senior citizens every year to be given in full [during their respective birthday month],” part of the ordinance read.
Local government records showed there are more or less 64,000 senior citizens in this city.
Each senior citizen will receive a cash incentive based on the following corresponding ages: 60 to 69 years old, P500; 70 to 79, P750; 80 to 90, P1,000; 91 to 94, P1,500; and 95 to 99, P2,000.
Councilor Cesar L. Jimenez Jr., author of the ordinance, said the city government will spend at least P15 million or as much as P20 million in the first year of implementation of the cash-incentive program.
Jimenez said the program will be realized by 2018 if it cannot be implemented this year through supplemental budget allocation.