President Ferdinand Marcos Jr. led the distribution of cash gifts to beneficiaries of Republic Act 11982, or the Expanded Centenarians Act of 2024, on Wednesday at Heroes Hall in Malacañang.

The initiative, which will distribute over P2.9 billion this year, will benefit more than 275,000 senior citizens nationwide. The funds are provided to honor the significant contributions senior citizens have made to society throughout their lives.

In his speech, Marcos reminded the Filipino people to always care for their elderly.

“Let us not forget our elders. Let us show them our love and pride for the contributions they’ve made,” he said, emphasizing the importance of taking care of those who have shaped the nation.

Under the Expanded Centenarians Act of 2024, senior citizens are entitled to receive P10,000 every five years starting at age 80. Those who reach the age of 100 will receive P100,000 as a token of appreciation for their lifelong contributions. The law seeks to ensure that the elderly continue to receive recognition and support throughout their later years.

During the ceremony at the Palace, 14 senior citizens were honored, including three aged 80, three aged 85, five aged 90, and three centenarians. The event was simultaneously held across the country, benefiting a total of 1,079 seniors.

Marcos acknowledged that while steps have been taken, more needs to be done to ensure the well-being of senior citizens. He revealed that 73 percent of senior citizens rely on their children for financial support, while 55 percent of their health expenses are paid out of their own pockets.

“We must ensure that their well-being is secured, safe and comfortable,” Marcos said.

The President lamented that many seniors do not receive proper long-term care. Some live alone, while others feel they no longer have any value to their families or society. He noted that many elderly individuals have experienced neglect and abuse.

“Don’t think about that,” he assured the seniors present. “They deserve nothing less than our love, care, protection, respect, and honor.”

The United Nations has projected that Filipinos aged 60 and above will exceed 10 percent of the population from 2025 to 2030, further highlighting the growing importance of supporting the elderly.

Senator Imee Marcos, the President’s sister, and Senator Ramon “Bong” Revilla Jr., who co-authored RA 11982, were present at the event.