An Act Increasing the Monthly Old-age Pension of Senior Veterans
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An Act Increasing the Monthly Old-age Pension of Senior Veterans
Republic Act No. 11164
December 20, 2018
Case Overview and Summary
Summary of Republic Act No. 11164Definitions and Coverage:
- Senior Veterans refer to veterans of World War II, Korean War, and Vietnam War. (Section 1)
- The law covers the increase in old-age pension for eligible living senior veterans. (Section 2)
Increase in Old-Age Pension:
- The old-age pension of senior veterans is increased to Twenty thousand pesos (P20,000.00) per month. (Section 2)
- Veterans of the Korean and Vietnam wars are eligible only if they are not receiving pension from the Armed Forces of the Philippines (AFP). (Section 2)
- The increased pension is not transferable to family members or dependents of the senior veterans. (Section 2)
Funding:
- The initial implementation will be funded from the current year's available appropriation of the Philippine Veterans Affairs Office (PVAO). (Section 3)
- Subsequent funding will be included in the annual General Appropriations Act. (Section 3)
- The PVAO shall prioritize the distribution of benefits from available appropriations. (Section 3)
Other Provisions:
- Repeals or modifies existing laws inconsistent with this Act. (Section 4)
- The Act takes effect fifteen (15) days after publication in the Official Gazette or at least two (2) national newspapers of general circulation. (Section 5)
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old-age pension
senior veterans
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Vietnam War
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An Act Increasing the Monthly Old-age Pension of Senior Veterans
Republic Act No. 11164
•December 20, 2018
REPUBLIC ACT NO. 11164
AN ACT INCREASING THE MONTHLY OLD-AGE PENSION OF SENIOR VETERANS
SECTION 1. For purposes of this Act, Senior Veterans refer to the veterans of World War II, Korean and Vietnam wars.
SECTION 2. Increase in Old-Age Pension of Senior Veterans. — The old-age pension of veterans of World War II, Korean and Vietnam wars shall be increased to Twenty thousand pesos (P20,000.00) per month: Provided, That the veterans of Korean and Vietnam wars are not receiving pension from the Armed Forces of the Philippines (AFP): Provided, further, That the entitlement to the increase in old-age pension shall be limited to the eligible living senior veterans and shall not be transferable to any family members and/or dependents of the senior veterans.
SECTION 3. Funding. — In order to augment the amount needed to fund the increase in the old-age pension as provided in this Act, the amount necessary for the initial implementation shall be charged against the current year's available appropriation of the Philippine Veterans Affairs Office (PVAO). Thereafter, such sums as may be needed for the continued implementation...
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