pensioners - updates

Rappler's latest stories on pensioners

ARTICLE FINDER

Philippine retirement system among worst in the world

Oct 21, 2019 - 12:28 PM

The 2019 Melbourne Mercer Global Pension Index says the retirement system of the Philippines is among the most sustainable, but greatly suffers in terms of integrity and adequacy

COA tells DSWD to clean list of social pension beneficiaries

Jul 28, 2019 - 8:55 PM

The Commission on Audit calls on the Department of Social Welfare and Development to ensure that only qualified beneficiaries are under its Social Pension Program for Indigent Senior Citizens

Over 5,700 dead soldiers still got pension in 2018 – COA

Jun 06, 2019 - 6:45 PM

The Commission on Audit wants to hold officials liable for the payment of more than P70 million to pensioners who were already dead

Norway sovereign wealth fund, world's biggest, to dump oil and gas

Mar 08, 2019 - 8:08 PM

(UPDATED) The government of Norway says the divestment is specifically targeting exploration and production companies, 'rather than selling a broadly diversified energy sector'

Duterte to certify military pension reform bill as urgent

Feb 07, 2019 - 2:49 PM

President Rodrigo Duterte backs the Department of National Defense's version of the bill, which includes raising the pensionable age to 60 from 56

President Rodrigo Roa Duterte presides over the 34th Cabinet Meeting at the Malacañan Palace on February 6, 2019. ALFRED FRIAS/PRESIDENTIAL PHOTO

Filipino senior war veterans' pension raised to P20,000

Jan 11, 2019 - 9:57 AM

Republic Act No 11164 increases the monthly old-age pension of war veterans from P5,000 to P20,000

Russian parliament approves Putin's controversial pension reform

Sep 26, 2018 - 9:02 PM

The bill, which still has to go through the formality of a third reading and senate hearing, would see Russian men retire at 65 instead of 60 and has sparked rare national protest, with tens of thousands rallying across Russia in recent months.

PENSION REFORM. Presidential candidate, President Vladimir Putin gives a speech during a rally to support his candidature in the upcoming presidential election at the Luzhniki stadium in Moscow on March 3, 2018. File photo by Kirill Kudryatsev/AFP

HOAX: P6,000 'monthly' pension for senior citizens

Jul 27, 2018 - 7:58 PM

The Social Welfare Department has been providing a pension worth P500 a month – not P6,000 a month – to indigent senior citizens for years

Screenshot of a website claiming that senior citizens can avail of a P6,000 pension per month from the government

More protection, attention to social pension for poor elderly Filipinos

Jun 30, 2018 - 4:30 PM

The number of senior citizens, which has grown from 6.3 million in 2010 to 7.6 million in 2015, is expected to reach 11.7 million by 2025, and 22.6 million in 2045

House approves bill raising senior war veterans' pension to P20,000

May 28, 2018 - 8:00 PM

If passed into law, the bill would increase the pension being received by senior war veterans who fought in World War II as well as the Korean and Vietnam wars

HIGHER PENSION SOON? World War II veterans attend the Philippine Independence Day celebration in June 2013. File photo by Rappler

#ThewRap: Things you need to know, May 25, 2018

May 25, 2018 - 11:00 AM

Here are the stories you shouldn't miss this Friday

[OPINION] How Duterte endangers your retirement

May 24, 2018 - 10:30 AM

All in all, the yawning gaps of the country’s social pension system require bold, comprehensive, and forward-thinking solutions like universal social pension – not simplistic, superficial, and short-sighted ones like Duterte’s pension hike

Concerns over State Insurance Fund's sustainability after pension benefits hike

May 12, 2018 - 3:20 PM

Labor group Sentro raises questions on the sustainability of the State Insurance Fund after President Rodrigo Duterte signed an executive order raising pension benefits of disabled workers

PENSION BENEFITS. A labor group raises concerns over the newly signed executive order increasing pension benefits.

#ThewRap: Things you need to know, May 11, 2018

May 11, 2018 - 10:54 AM

Here are the stories you shouldn't miss this Friday

Duterte signs executive order increasing disabled workers' pensions

May 10, 2018 - 8:33 PM

Executive Order 54 provides a P1,150 across-the-board increase for all permanent disability pensioners in the private sector, as well as qualified beneficiaries in the public sector

INCREASE. Disabled workers will receive higher compensation benefits.

PH lags in providing pension amid increasing life expectancy – ILO

Dec 02, 2017 - 11:57 AM

The International Labor Organization says that from 2000 to 2015, life expectancy in the Philippines grew by 5 years – the fastest increase observed since the 1960s

SOCIAL PROTECTION. The Philippines lags behind its Asian neighbors in providing adequate social pension for senior citizens.  Photo by Bobby Lagsa/Rappler

Dela Rosa on pension, DDB drug plan, SC on Comelec | Evening wRap

Oct 30, 2017 - 8:23 PM

Watch the evening newscast with Mara Cepeda

Helping never stops for 79-year-old Tatay Eduardo

Oct 11, 2017 - 10:08 AM

Senior citizen Eduardo Albonia is among the Sampung Ulirang Nakatatanda awardees for his volunteer work at Group Home, a shelter for abandoned elderly women

VOLUNTEER. Tatay Eduardo, 79 years old, is a volunteer at a shelter for elderly women. Photo by Iona Mendoza

Rappler Talk: Is pension for all possible?

Oct 06, 2017 - 9:59 AM

How can the Philippine government implement a universal social pension?

4 in 10 senior citizens still have no access to pension – COSE

Oct 05, 2017 - 12:20 PM

Advocates and lawmakers call for the passage of a measure that seeks to establish a universal social pension system for Filipino elderly

STILL WORKING. Senior citizen Arturo Fabular continues to sell ice cream daily to sustain his family's needs.

DBM wants cops, soldiers to fund their own retirement

Sep 20, 2017 - 6:18 PM

Taxpayers, like you and me, are the ones paying every year for the retirement fund of the military and police, budget chief Benjamin Diokno says

Q&A. DBM Secretary Benjamin E. Diokno talks with media during "Breakfast with Ben" at the DBM Executive Lounge in Manila. Photo from the DBM

Growing old in PH margins: Gutom, malasakit, at diskarte

Aug 17, 2017 - 3:11 PM

The Philippines’ older adult population is faced with issues that transcend desires for self actualization as it combats the threats of food insecurity house tenure and health care inaccessibility

AFP yet to recover P105M paid to dead pensioners – COA

Jul 12, 2017 - 1:33 PM

These funds should have been utilized for other valid and urgent claims from the national government COA says

Without pension, senior citizens forced to continue working

Jun 18, 2017 - 9:00 AM

In Caloocan 72 year old Arturo Fabular walks for 10 hours each day to sell ice drop candy just to make ends meet

NO RETIREMENT. Arturo Fabular walks the stretch of Caloocan City and Meycauayan in Bulacan to sell ice drops.

Aviation leads high-paying careers list, gov't survey reveals

Apr 09, 2017 - 11:55 AM

The list of highest paying jobs is led by positions in the aviaiton industry architecture and engineering and design according to the latest Occupation Wages Survey results

HIGH-PAYING JOBS. The labor department releases a list of the top 10 highest-paying jobs in the Philippines. File photo by Noel Celis/Agence France-Presse

#ThewRap: Things you need to know, February 23, 2017

Feb 23, 2017 - 10:59 AM

Hello Here are the stories you shouldn t miss this Thursday

Yasay, Lacson, SSS | Evening wRap

Feb 22, 2017 - 6:58 PM

Watch the evening newscast with Chay Hofileña

Palace OKs release of P1,000 additional SSS pension

Feb 22, 2017 - 2:22 PM

SSS releases the schedule of payments for January to March 2017 The P1 000 increase will be incorporated in the regular pension starting April

PENSION HIKE. Anakpawis Partylist leads a protest rally in front of the SSS main office along East Ave. in Quezon City Friday to demand the immediate implementation of a P2,000 pension increase. Photo by Darren Langit

Pension for all seniors to lift 3 million out of poverty – study

Feb 19, 2017 - 5:55 PM

A study says providing a universal social pension of P1 500 for Filipinos 60 and above would cost the government P143 97 billion or 4 80 of its expenditures

PENSION FOR ALL. A study shows that providing social pension for all senior citizens would only amount 4.8% of government expenditure. Rappler file photo

DSWD to give P500-pension to 2.8M indigent seniors

Feb 17, 2017 - 12:18 PM

This year P17 9 billion has been allocated for the Social Pension Program for Indigent Senior Citizens

Senate seals PH-Japan social security agreement

Feb 13, 2017 - 8:00 PM

The deal is expected to benefit an estimated 377 233 Filipinos in Japan and 17 021 Japanese nationals currently in the Philippines

House OKs bill allowing SSS contribution hike without Palace approval

Jan 16, 2017 - 7:50 PM

Congressmen also approve the joint resolution seeking a P2 000 across the board pension increase for SSS members

BUSY FIRST DAY. The House of Representatives reopens session on January 16 after taking a month-long Christmas break. Photo by Mara Cepeda/Rappler

Duterte to push through with SSS contribution hike by May

Jan 12, 2017 - 2:23 PM

Palace Communications Secretary Martin Andanar says the President has weighed the pros and cons of the issue

#ThewRap: Things you need to know, January 12, 2017

Jan 12, 2017 - 11:00 AM

Hello Here are the stories you shouldn t miss this Thursday

Drilon: SSS contribution hike 'illegal'

Jan 11, 2017 - 3:28 PM

Citing Republic Act 8282 Senate President Pro Tempore Franklin Drilon says the SSS cannot recommend an increase in benefits that require a corresponding increase in contribution

NO TO SSS PREMIUM HIKE. Senate President Pro-Tempore Franklin Drilon and Senator Paolo Benigno Aquino IV question the planned increase in SSS monthly contributions starting May 2017. Drilon photo by Joseph Vidal/Senate PRIB. Aquino photo by Office of Senator Aquino

SSS pension hike, 2017 inflation, Dana White | Evening wRap

Jan 10, 2017 - 7:56 PM

Watch Rappler s evening newscast with Mara Cepeda

Duterte approves P1,000-SSS pension hike this year

Jan 10, 2017 - 4:15 PM

UPDATED President Rodrigo Duterte grants half of the pension hike proposed in Congress The other half is projected to be given by 2022 subject to conditions

TOUGH DECISION President Rodrigo Roa Duterte delivers his decision on the proposed Social Security System pension hike. File photo from Presidential Photo

Diokno on SSS hike: 'Candidate Duterte different from Pres Duterte'

Jan 03, 2017 - 3:20 PM

Budget Secretary Benjamin Diokno also calls out the SSS Board of Trustees for passing the buck to President Rodrigo Duterte on the proposed pension hike

Xi, Duterte, Guterres | Evening wRap

Jan 02, 2017 - 9:01 PM

Watch Rappler s evening newscast with Paterno Esmaquel

Duterte & SSS, new UN chief, Mariah Carey | Midday wRap

Jan 02, 2017 - 12:39 PM

Watch Rappler s midday newscast with Zak Yuson

Duterte poised to reject SSS pension hike

Jan 01, 2017 - 3:15 PM

I promised that it would come your way before the year ends I’m very sorry but that’s how it is I do not own the money says President Rodrigo Duterte

Duterte still undecided on proposed SSS pension hike

Dec 30, 2016 - 9:00 AM

President Rodrigo Duterte says at least two Cabinet officials are firmly opposed to the proposal fearing bankruptcy of the state run insurance agency

MULLING PROPOSAL. President Rodrigo Duterte is still studying proposals for a pension hike for SSS members. Photo by Jansen Romero/Rappler

House of Representatives: 10 biggest moments in 2016

Dec 22, 2016 - 10:30 AM

From congressmen in near fistfight to the hours long drama of the Bilibid drugs probe here are the top newsmakers at the House of Representatives in 2016

All illustrations by Janina Malinis/Rappler

Ahead of SSS move, Senate approves P1,000 pension hike

Dec 14, 2016 - 8:51 PM

The chamber adopts the resolution in anticipation of the release of the fund which the SSS has scheduled before yearend anyway

RESOLUTION. The Senate rushed the approval of the resolution for the immediate release of the first tranche of the P1,000 SSS pension hike this December.

House panel approves P2,000 SSS pension hike

Nov 15, 2016 - 4:45 PM

If the increase eventually gets final approval SSS Chairman Amado Valdez says they can only implement it in two tranches with the first P1 000 given by January 2017

PENSION HIKE APPROVED. SSS chairperson Amado Valdez and House panel on government enterprises and privatization chairperson Jesus Sacdalan talk to reporters on November 15. Photo by Mara Cepeda/Rappler

COA: Red flags in AFP pension payments in 2014, 2015

Jul 28, 2016 - 11:10 AM

State auditors say overpayments amounting to over P126 million were made to unreported dead pensioners from the second half of 2014 to 2015 apparently due to the AFP s poor monitoring system

What bills have been refiled in the 17th Congress?

Jul 26, 2016 - 3:32 PM

Lawmakers in the 17th Congress refile bills that languished in the past including measures pushing for freedom of information ending political dynasties and increasing the pension for SSS members

LEGISLATIVE AGENDA. Senate President Koko Pimentel and House Speaker Pantaleon Alvarez listens to President Rodrigo Duterte as he delivers his first State of the Nation Address on July 25. Photo by Francis R. Malasig/EPA

Alvarez to PDP-Laban lawmakers: Bring back trust in Congress

Jul 22, 2016 - 8:02 PM

In the Pulse Asia survey released on April 4 the House of Representatives registered the lowest approval rating top government institutions

THE SPEAKER AND SENATE PRESIDENT. Presumptive House Speaker Bebot Alvarez and incoming Senate President Koko Pimentel, PDP-Laban stalwarts, are expected to take the reins at the 17th Congress. Photo by Ben Nabong/Rappler

Japan's pension fund sues Toshiba over accounting scandal

Jun 23, 2016 - 6:30 PM

The Government Pension Investment Fund GPIF is seeking over 9 million in damages

epa04438145 Toshiba Corp. logo at the CEATEC Japan trade show in Chiba prefecture, east of Tokyo, Japan, 09 October 2014. EPA/CHRISTOPHER JUE

Aquino: 81 bills rejected in 6 years

Jun 15, 2016 - 9:00 AM

Among all the presidents after Martial Law it was Aquino who vetoed the most number of bills followed by President Fidel Ramos