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DSWD pilots payment mode for cash transfer

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By Ellalyn de Vera-Ruiz

The Department of Social Welfare and Development (DSWD) conducted a pilot off-site over-the-counter (OTC) payout for the unconditional cash transfer (UCT) grants of 2,022 beneficiaries from Quezon City.

Department of Social Welfare and Development (MANILA BULLETIN)

Department of Social Welfare and Development (MANILA BULLETIN)

UCT is the tax subsidy provided for under the Tax Reform for Acceleration and Inclusion (TRAIN) law to help 10 million indigent Filipino families and individuals cushion the effect of the policy in terms of the adjustment in the excise tax of petroleum products.

As provided for in the TRAIN Law, UCT beneficiaries will receive P200 per month or P2,400 for 2018, and P300 per month or P3,600 for 2019 and 2020.

DSWD, through its field office in Calabarzon, also conducted the payout of the P500 monthly stipend for indigent senior citizens.

A total of 1,117 beneficiaries from Taal, Batangas received P3,000 each covering their pension for the months of January to June. So far, DSWD-Calabarzon has validated 284,778 eligible beneficiaries in the region

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