Give last bonus for 100-year-old seniors in 5 equal yearly tranches | Inquirer Opinion

Give last bonus for 100-year-old seniors in 5 equal yearly tranches

12:01 AM January 04, 2017

I am writing for and on behalf of my mother Gregoria M. Singson, a retired grade school teacher, who is now 95 years old, as well as of similarly situated pensioners. There is a P100,000 bonus for them: P20,000 at age 90, P30,000 at 95, and another P50,000 at age 100.

To truly help those nearing their centenary, my proposal to the GSIS board is this: Few, we must admit, will reach 100 years old. Thus, instead of waiting for their 100th year here on earth, why not gradually give the remaining P50,000 in five equal yearly installments—P10,000 on their 96th year, another on their 97th and so on until they reach 100 for the last P10,000 installment.

RUDY M. SINGSON, MD, MPH, Cabugao, Ilocos Sur

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Bonus, Government Service Insurance System, GSIS, pension

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.