ECONOMIC TEAM MEETS MILITARY ON PENSION FUNDS

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Dateline Kamuning:


The economic team, comprised of representatives from the Department of Finance (DOF), Bureau of the Treasury (BTr), Government Service Insurance System (GSIS), Department of Budget and Management (DBM), together with the office of Senator and Defense Committee Chair Jinggoy Estrada, met with members of the Armed Forces of the Philippines (AFP) to kick off dialogues on the military and uniformed personnel (MUP) pension system on May 25, 2023 at Camp General Emilio Aguinaldo, Quezon City.




Around 800 soldiers from the Philippine Army, Philippine Navy, and Philippine Air Force were in attendance.

The government is fully committed to listening to the sentiments, concerns and issues of MUPs to be able to come up with a fiscally inclusive sustainable pension system.

The economic team will continue to hold a series of dialogues with MUPs around the country, including the AFP’s Philippine Army (PA), Philippine Navy (PN), Philippine Air Force (PAF), Presidential Security Group (PSG), AFP Health Service Command, Visayas Command, Eastern Mindanao Command, Western Mindanao Command, Western Command, Philippine Military Academy (PMA), Northern Luzon Command, and Southern Luzon Command. The team will also visit the Philippine National Police (PNP), Bureau of Fire Protection (BFP), Philippine Coast Guard (PCG), Bureau of Corrections (BuCor), Bureau of Jail Management and Penology (BJMP), and National Mapping and Resource Information Authority (NAMRIA).

The proposed pension reform system seeks to establish a strong, robust, and sustainable social protection system for all MUPs.

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