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    PSC set to hand out cash incentives totalling P3.6M to Asian Games medallists

    Oct 7, 2014

    THE Philippine Sports Commission (PSC) is planning to give out the cash incentives of athletes who won medals in the 17th Asian Games and their respective coaches by next week.

    PSC chairman Ritchie Garcia said the agency has requested the Philippine Amusement and Gaming Corporation (Pagcor) to release the bonuses worth a total of P3.6 million following the country’s one gold, three silver, and 11 bronze medal haul in Incheon, Korea.

    As provided under Republic Act 9064, an Asiad gold medalist stands to receive P1 million, a silver medallist P500,000, and bronze medallist P100,000.

    The athletes’ coaches also stand to receive an amount worth 50 percent of the incentive.

    “Our first instruction was to proceed with the request of incentives that are due to our athletes,” Garcia said.

    BMX rider Daniel Caluag, the Philippines’ lone gold medalist in the quadrennial meet, already received his P1 million incentive on Friday in simple rites at the PSC office before flying back to the US where he is based.

    Set to receive P500,000 each are silver medalists Charly Suarez of boxing, and Jean Claude Saclag and Daniel Parantac of wushu.

    Taekwondo jins Samuel Morrison, Mary Anjelay Perez, Ronna Ilao, Kirstie Elaine Alora, and Benjamin Sembrano, karateka Mae Soriano, archer Paul Merton Dela Cruz, boxer Mark Anthony Barriga, Wilfredo Lopez, and Mario Fernandez, and wushu fighter Francisco Solis will receive P100,000 each.

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