New bonus 500 thousand pesos by Social Prosperity: when do they pay this benefit? Check with sign | Answers

500 thousand bonus: Who are the beneficiaries?

“We’re going to make the Unity Income Plan that Duke created during the pandemic and that ends this December 31st, the mother of the family, the mother alone, the rest of the year. Children and women, I can get $500,000 a month.”After promising that the source would come from the national budget, the President denied that the money would come from private pension funds.

He also said Three million non-pensionable seniors, heads of households and mothers who are public service drivers will benefit the most from this bonus.

How about the payout of 500k bonus?

According to the media, the subsidy will be disbursed through 3 pillars:

• Pillar of Basic Unity: 500,000 pesos, half of the minimum wage, will be guaranteed to three million elderly people living in poverty without pensions.
• Contributing pillar: All workers are required to contribute to co-pensions on the basis of one to four minimum wages, with the contribution guaranteeing a basic pension under the average premium regime. Into this, private funds will also step in, as the reform will give people with incomes above four minimum wages the freedom to decide where to contribute the surplus.
• Complementary Voluntary Savings Pillar: In this, citizens who want to increase their pension can save in a voluntary fund.