Senior citizens are enjoying five percent discount on basic foods and other necessities. The items listed in previous RA 9257 of 2003 are rice, corn, fresh and dried fish, fresh eggs, fresh vegetables, root crops, salt, firewood, charcoal and candles.
Now they can enjoy even more. There is a new law called Expanded Senior Citizens Act of 2010 or Republic Act NO. 9994. The law added more commodities which can be availed by senior citizens at five percent discount. The items are fresh fruits, flour, dairy products not falling under section 2(a) of basic necessities, onions, garlic, geriatric diapers, herbicides, poultry, swine and cattle feed. Others are: veterinary products for poultry, swine and cattle. Also includes: construction materials such as nipa shingle, plyboard, nails, steel wires, electrical supplies, light bulbs and batteries.
However, the allowable value should not exceed 1300 pesos per week.
The law benefit and will continue to benefit our seniors, a 200 pesos savings for every 1000 pesos commodity value. For the allowable 1300 pesos purchase, approximately 320 pesos can be save per week or 1280 pesos per moth.
How about the retailers? What are the benefits of Expanded Senior Citizens Act of 2010 to retailers? Is there any?