Posted: March 4, 2024
President Ferdinand R. Marcos Jr. signed into law Republic Act No. 11982, also known as the “Amendments to the Centenarian Act” and Republic Act No. 11981, also known as the "Tatak Pinoy Act", in a ceremony held at the Rizal Ceremonial Hall, Malacañan Palace, 26 February 2024.
Under the Amendments to the Centenarian Act, additional cash benefits for elderly Filipinos will be given. In the amendatory law, all Filipinos reaching the ages of 80, 85, 90, and 95 shall receive a cash gift amounting to P10,000, in recognition of the celebrator's longevity for living a healthy and active lifestyle, according to the National Commission of Senior Citizens (NCSC).
Meanwhile, the Tatak Pinoy Act intends to strengthen the collaboration between government agencies and the private sector to boost Philippine products and services. Under the law, a Tatak
Pinoy Council will formulate policies and programs that will diversify the productive capabilities of local enterprises and increase the country's economic potentials.
Presidential Legislative Liaison Office (PLLO) Secretary Mark Llandro Mendoza, together with other PLLO officials and staff, attended the said ceremonial signing.