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Loren Lauds Signing Of Senior Citizens Law

February 18, 2010

SENATOR LOREN LEGARDA LAUDED MALACAÑANG’S SIGNING OF THE EXPANDED SENIOR CITIZENS ACT WHICH GIVES THE ELDERLY A FULL 20-PERCENT DISCOUNT ON GOODS AND SERVICES, AS A RESULT OF BEING EXEMPTED FROM THE EXPANDED-VALUE TAX, ON TOP OF OTHER BENEFITS. THE MEASURE WOULD ALSO GIVE INDIGENT SENIORS AND NON-PENSIONERS FREE MEDICAL INSURANCE AND DISABILITY ASSISTANCE.
Loren, who principally authored the law, said that “this law is my tribute to Filipino senior citizens who have been and continue to be part of building our nation. It is a time-honored Filipino practice to take care of the elderly in their twilight years because our generation owes a lot to them and their hard work. That is the spirit behind this legislation.”
Loren further called for THE IMMEDIATE FORMULATION OF THE IMPLEMENTING RULES AND REGULATIONS AND a thorough dissemination of the new law’s provisions to the local government level so that it be implemented in commercial establishments at the soonest time and without any confusion.