
By The Star Staff
The Secretary of the Treasury Department, Nelson Pérez Méndez, reported on Friday that more than $90 million have been disbursed in loans for people over 65 years of age and low-income pensioners.
He also reminded that the period to claim the senior credit expires on Monday, October 14.
“The application process has been swift and successful, managing to disburse $91,216,900 to 190,788 citizens. We urge eligible citizens who have not yet applied to do so before the deadline ends,” Pérez Méndez said in a written statement.
To date, the Treasury has also distributed nearly $205 million in Economic Incentives to 152,044 families. “This incentive is in addition to the $1.299 billion distributed in the Credit for Work, benefiting more than 850,000 families in Puerto Rico,” added Pérez Méndez.
The credit claim period is carried out electronically through SURI, and applicants must present evidence such as photo identification and documents verifying their age. For more information, you can visit the Department of the Treasury’s portal.
As a senior myself, I applaud any help we can provide to those that raised us. I have several questions, why these funds weren't available before, let say a year ago, how much of the $90millions were given out as loans and what percentage as assistance.
I believe in light of clarity and intellectual honesty; we must say that these funds are part of FEMA assistance package to PR. We also know that comments like these ones, tend to be ambiguous, privileging an action or a person alien to the origin of the funding source. Unfortunately, the announcement sounds too familiar, too old and used in previous political campaigns.