Question & AnswerQ&A (Republic Act No. 11164)
The title of Republic Act No. 11164 is "An Act Increasing the Monthly Old-Age Pension of Senior Veterans."
Senior Veterans refer to the veterans of World War II, Korean and Vietnam wars.
The old-age pension of eligible Senior Veterans shall be increased to Twenty thousand pesos (P20,000.00) per month.
No. Only those veterans of the Korean and Vietnam wars who are not receiving pension from the Armed Forces of the Philippines are entitled to the increased old-age pension.
No. 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.
The initial funding shall be charged against the current year's available appropriation of the Philippine Veterans Affairs Office (PVAO). Thereafter, the necessary sums shall be included in the annual General Appropriations Act.
The PVAO shall prioritize the distribution of the benefits granted under this Act from whatever available appropriation included in the annual General Appropriations Act.
All existing laws or parts thereof inconsistent with the provisions of this Act are repealed or modified accordingly.
This Act took effect fifteen (15) days after its publication in the Official Gazette or in at least two (2) national newspapers of general circulation.
The Act was signed by the Speaker of the House of Representatives Gloria Macapagal-Arroyo, the President of the Senate Vicente C. Sotto III, and the President of the Philippines Rodrigo Roa Duterte.