Panama retired or pensioners receive many benefits

Panamanians or foreigners residing in the national territory who are retired or pensioners receive some benefits such as:

  • Discount of 50% of the prices charged for the entrance to recreation and entertainment activities, such as cinemas, theatres, sports and other public spectacles.
  • Discount on public transport fare.
  • A minimum discount on regular prices for hotels, motels and Pensions based on the day.
  • Discount of 25% of the value of individual food consumption in any restaurant.
  • 15% discount on total bill for hospital and clinic services Private.
  • Discount of 20% of the price of all prostheses as well as all Assistive devices and accessories.
  • 15% discount on the maximum interest rate allowed by law charge banks, financial institutions, cooperatives and credit institutions in Personal     and business loans in your name.
  • The freezing of property tax.
  • 25%     discount on monthly energy usage billing electricity, public or private,     up to six hundred kilowatt hours [600 kWh].
  • Discount     of 25% of the fee for water consumption.

 

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