POC to give Cambodia SEA Games’ medalists P12.4M in cash incentives

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POC to give Cambodia SEA Games’ medalists P12.4M in cash incentives
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CARLOS Yulo gets the biggest cash bonus for winning two gold and two silver medals in men’s gymnastics at the recent Cambodia 32nd Southeast Asian Games under the Philippine Olympic Committee’s Athletes’ Incentive Trust Fund.

Southeast Asian Games under the Philippine Olympic Committee’s Athletes’ Incentive Trust Fund.

“The athletes, particularly the medalists, deserve the reward and the POC will always be diligent on that,” said Tolentino, the first POC president who initiated a trust fund for incentives to athletes winning medals in international competitions. “The amount is from the generosity of MVPSF, Manny V. Pangilinan, through the efforts of [president] Al Panlilio,” Tolentino said.

The POC bonuses are separate from the government incentives given through the Philippine Sports Commission to medalist athletes under Republic Act 10699 or National athletes and coaches Benefits and incentives Act.

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