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The Department of Social Welfare and Development (DSWD) in Central Visayas has started releasing today the cash grants under the Unconditional Cash Transfer (UCT) to some 47,289 social pensioners who are indigent senior citizens.

Social Pensioners in the town of Minglanilla, Cebu receive their UCT cash grant today.

Of the 47,289 social pensioners, 18,628 are from Bohol and the 28,661 are from Cebu.

The national government’s UCT program is provided for by the Tax Reform for Acceleration and Inclusion (TRAIN) law.

Based on the joint circular of DSWD and the Department of Finance (DOF) and the Department of Budget and Management (DBM) on the UCT program implementation the funds will be lodged with the Land Bank and to be used in accordance to the operational guidelines of DSWD.

The UCT cash grant is a top up benefit for Pantawid Pamilya partner-beneficiaries and Social Pensioners who are also receiving their regular cash grant and cash stipend.

The UCT is considered the biggest tax reform mitigation under the TRAIN law which seeks to provide 10 million beneficiaries with cash subsidy amounting to Php 200 per month for 2018 and Php 300 per month for 2019 and 2020. ###

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