Oriental Mindoro – A total of 5, 238 beneficiaries of the Social Pension Program for Indigent Senior Citizens (SPIC) from 62 barangays of Calapan City Oriental Mindoro are currently receiving their Unconditional Cash Transfer (UCT) grant for the year amounting to P2,400.00.

Overall, some 3 million seniors are expected to receive their UCT grants.

UCT is the tax subsidy provided for under the Tax Reform for Acceleration and Inclusion (TRAIN) law to help the poor cushion the adverse economic impact of the law for three years, starting 2018. For this year, beneficiaries will receive P200 per month or P2,400 for one year. In 2019 and 2020, the subsidy will increase to P300 or P3,600 a year.

Aside from the 3 million social pensioners, UCT beneficiaries also include the 4.4 million household-beneficiaries of the DSWD’s Pantawid Pamilyang Pilipino Program (4Ps) and the 2.6 million poor households listed under the DSWD National Household Targeting System for Poverty Reduction or Listahanan.

SPISC is the government’s assistance for poor seniors in the amount of P500 per month to help augment their daily subsistence, including their medical needs. Beneficiaries include indigent seniors who are frail, sickly or with a disability; with no regular income or support from family and relatives; and without pension from private or government institutions.  ###

 9 total views,  1 views today