PENSIONADO BENEFITS in PANAMA
All Jubilados and Pensionados (irregardless of age) in the Republic of Panama are also entitled to these benefits:
1. Discount of 50% of price charged for entrance to recreation and entertainment activities, such as movies, theaters, sports and other public productions. This discount is not applicable for those events marked as benefits for the youth, homeless or those specifically authorized by the competent authorities.
2. Discounts for the following means of public transportation:
1. Inter-Urban buses, 30%
2. Trains, 30%
3. Launches and boats, 30%
4. 25% discount in air fares in public and private national and foreign Airlines.
3. A minimum discount of the regular prices of hotels, motels and pensions:
1. 50% from Monday to Thursday
2. 30% on Friday, Saturday and Sunday
4. 25% discount of food consumed by the individual in all restaurants except for the Fondas which do not require license to operate.
5. 15% discount in those rapid food establishments.
6. 15% discount in the total cost for services of hospitals and private clinics.
7. 10% discount in pharmacies for those medications obtained with a medical prescription.
8. Discounts in the following medical services:
1. 20% in consultation fees of general medicine doctors and medical and surgical specialists.
2. 15% for dental services.
3. 15% for optometry
9. Insurance companies that include in their policies health benefits for illness shall adjust their fees to include the necessary adjustment so that the benefits of these discounts are transferred in the payment of the premiums when the insured is 55 years old if female, and 60 years old if male and to the Pensionados & Jubilados.
10. 20% discount for technical and professional services.
11. 20% discount for all prosthetic devices as well as those items and accessories of personal assistance.
12. (12, 13,14, 15, 16, 17 pertain to commercial transactions, loans, etc. and require a better translation than I can give.)
13. 50% discount in cost of passports.
14. 25% discount in monthly electrical consumption of private or public entity up to 600KW's and the normal tariffs will be applied to anything above that amount.
15. Discus’s discounts to properties owned by associations of jubilados and pensionados and the different discounts they are entitled.
16. 25% discount to the basic phone service charges when:
1. the phone service is in the name of the individual
2. is for a residential phone
3. is for one and only one phone. The normal tariffs will apply for anything more.
17. 25% discount in the water bill as long as:
1. the consumption does not exceed $30.00
2. by bill is in the individuals name
3. the bill is residential and is the prime residence. The normal tariffs will apply to all other residences.
