Soon, Senior Citizens in the Philippines will receive some changes in their pension schemes starting April 2025, as a means of government assistance to the elderly. This article contains the latest updates on pension amounts and deposit dates with eligibility requirements. This revised pension scheme took effect on March 30, 2023, and will be applied from April 2025.
Updated Pension Amounts for April 2025
According to the Department of Social Welfare and Development (DSWD), the changes under the Social Pension Program for Indigent Senior Citizens state that previously, beneficiaries receive monthly amounting to ₱500 now as prescribed by Republic Act No. 11916, will be receiving an amount of ₱1000 per month. This adjustment thus leads to better provision of funds for the elderly as it considers the rising cost of living and basic necessities among the elderly.
In addition, the Social Security System, or SSS, has opted to extend 7.2% more in pension payouts for retirees. In case of approval, the number of pensions would increase; for instance, a pension with ₱5,000 would then become ₱5,360 a month. This increase is part of the broader reforms in one’s retirement security for Filipinos.
Deposit Dates and Payment Schedules
The DSWD, or Department of Social Welfare and Development, thus modified the distribution schedule of monthly pension allowances, allowing monthly disbursements instead of the common semestral (every six months) payout to beneficiaries. The change allows the aged population to avail themselves of regular access toward financial transfers for more realistic budgeting and daily expenses.
Specific payout dates generated at April 2025 for certain regions may differ. For instance, the social pension payout for the Municipality of Aparri in Cagayan was conducted on April 15, 2025. Those beneficiaries should check with the corresponding local government agencies or DSWD field offices regarding the actual schedule in their areas.
Eligibility Criteria for Pensioners
According to the Social Pension Program, applicants should meet these conditions:
- A Filipino citizen aged 60 years or older.
- Not receiving a pension from the government or any private institution.
- Considered indigent, without a formal source of income or family member to support financially.
In the case of SSS pensioners, said 7.2% increase shall apply depending on approval of the proposal and contributions of the individual. Updates shall be given through the official source of SSS to all members.
How to Apply for the Social Pension Program
Interested older persons may visit their DSWD local office or their barangay hall to ask about the process of application. Requirements usually include forms of identification, proof of age, and certificate of indigency. Their application will be assessed and eligible individuals informed regarding their inclusion in the program.