President Rodrigo Duterte recently signed Republic Act (RA) No. 11164, which increases the monthly old age pension of World War II, Korean War, and Vietnam War veterans from PHP5,000 to PHP20,000.
“The old law covering our war veterans’ pension, Republic Act No. 6948, as amended by Republic Act No. 7696, was enacted more than 20 years ago, and the amount provided is already insufficient to sustain the needs of our senior veterans,” Defense Secretary Delfin Lorenzana said.
“We would thus like to thank our legislators and the national leadership for giving our senior veterans what is due them. This is one way by which a grateful Filipino nation honors our veterans’ sacrifices and heroic deeds, thereby encouraging the Filipino youth to follow their footsteps as defenders, leaders, and patriots,” Lorenzana said.
The law will take effect this month. The amount for funding of the law will be provided by the Philippine Veterans Affairs Office.