Archive | April 6th, 2018

4Ps pay-out this April

4Ps pay-out this April

 

Cagayan de Oro City – The Department of Social Welfare and Development (DSWD) is set to pay the cash grants of Pantawid Pamilyang Pilipino Program (4Ps) beneficiaries through the Land Bank of the Philippines (LBP) this April.

Pay-out will start on April 17 until the 27th day of this month.

The synchronization of payouts of 4Ps grantees with the beneficiaries of the 2018 Unconditional Cash Transfer has caused the delay of the payment of cash grants of 4Ps grantees, who are set to receive the grants for their compliance of the conditionalities in December 2017 and January 2018 under Period 6.

The UCT is a component of the national government’s Tax Reform for Acceleration and Inclusion (TRAIN) program that aims to assist indigent Filipinos that will be affected by the rising prices because of the implementation of the new tax reform program.

As stipulated in the TRAIN act, DSWD will implement the UCT scheme for three years. It will release P2,400 (P200 per month) in 2018 and a total of P3,600 (P300 per month) in 2019 and in 2020. P24 billion has been earmarked for the 2018 UCT implementation in the FY 2018 GAA.

As it is, ten million households/individuals will receive the UCT. Of this figure, 4.4 million are Pantawid Pamilya beneficiaries.

DSWD has already paid the 1.8 million 4Ps beneficiaries with cash cards last 31 January 2018. The remaining 2.6 million Pantawid Pamilya beneficiaries without cash cards will receive the grants through partner conduits this April.

The three million indigent senior citizens who are beneficiaries of DSWD Social Pension Program are among the beneficiaries. The remaining 2.6 million households will be selected from the Listahanan or National Household Targeting System (NHTS-PR) which will go through validation.

Payouts for 4Ps beneficiaries is set every two months.

Northern Mindanao has more than 270,000 households 4Ps beneficiaries.

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Written by Oliver B. Inodeo, Pantawid Pamilya Info. Officer ,DSWD

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