Republic of the Philippines
HOUSE OF REPRESENTATIVES .
Quezon City +

SIXTEENTH CONGRESS
Third Regular Session

INTRODUCED BY REP. HERMINIA B. ROMAN

EXPLANATORY NOTE

R.A. No. 6948 entitled “An Act Standardizing and Upgrading the Benefits for Military
Veterans and Their Dependents” was enacted to provide for an updated benefits system for our
war veterans. In 1994, R.A. No. 6948 was amended by RA No. 7696 and increased the pension
benefits by Five Hundred Pesos (P500) per year until it reaches Five Thousand Pesos (P5,000).
However the current pension of Five Thousand Pesos (P5,000), enacted almost 21 years ago, is
clearly not enough to meet the basic necessities for decent living. The proposal would increase
the old age pension to Ten Thousand Pesos (P10,000) to augment their resources in order that the
veterans may live decently and with dignity.

Our veterans have sacrificed much for our country. They invested blood, sweat, and tears
and in return, it is only fitting that we repay their service by taking care of them in their old age
People who have dedicated their lives in the service of the country should, at the very least, be
able to live out the rest of their days comfortably without worrying about their basic needs. Sad
to say that at present, our veterans face a new challenge — the hardships of old age along with
‘meager resources that they must stretch in order to survive. We must recompense them in a
manner more fitting to what they have given

The proposed increase of benefits for our veterans is a way to show the natior
appreciation of their bravery, service, and sacrifice. By giving due importance to what they have
done in the past, we show citizens, especially the youth, what the nation values — the traits of
heroism, love of country, and patriotism.

In view of the foregoi

passage of this bill is eamestly sought

ea ee

HERMINIA B. ROMAN


Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City

SIXTEENTH CONGRESS
Third Regular Session

230

House Bill No.

Introduced by Representative Herminia B. Roman

AN ACT
INCREASING THE OLD AGE PENSION, FURTHER AMENDING REPUBLIC ACT NO.
6948 OTHERWISE KNOWN AS “AN ACT STANDARDIZING AND UPGRADING THE
BENEFITS FOR MILITARY VETERANS AND THEIR DEPENDENTS,” AS AMENDED

Be it enacted by the Senate and the House of Representatives of the Philippines in
Congress assembled

SECTION 1. Section 10 of Republic Act No. 6948, as amended, is hereby
amended to read as follows:

“SEC. 10. Eligibility. - A Veteran as defined in Section 2(a) of this Act who
is at least sixty-five (65) years old shall be paid an old-age pension of [Five] TEN
thousand pesos [(P5,000.00)] (P10,000) monthly for life, unless he is actually
receiving a similar pension for the same consideration from other government
funds.

SEC.2. Repealing Clause. - All laws, presidential decrees or issuances,
executive orders, letters of instruction, administrative orders, rules and
regulations contrary to or inconsistent with the provisions of this Act are hereby
repealed or amended accordingly.

SEC. 3. Effectivity Clause. - This Act shall take effect fifteen (15) days following
the completion of its publication in the Official Gazette or in a newspaper of

general circulation

Approved,