Based on the House committee-approved proposal, military and uniformed personnel would have to contribute to their pension fund, but in phases, among other key changes
THE Ad Hoc Committee on the MUP Pension System on Tuesday approved the Military and Uniformed Personnel (MUP) reform bill that is now “acceptable” to all stakeholders, including the Armed Forces of the Philippines and the Philippine National Police, as well as economic managers. Albay Rep. Joey Sarte Salceda, the…
THE newly-elected chairman of the Ad Hoc Committee on the Military and Uniformed Personnel (MUP) Pension Reform revealed the key features of a solution lawmakers and government economists agreed upon last Wednesday. Albay Rep. Jose Ma. Clemente “Joey” S. Salceda was elected chairman of the Ad Hoc Committee by the…
'Our soldiers and uniformed personnel are now assured: their pension plan are now fully funded. Not only in 2023 or 2024, but in years to come,' says Speaker Martin Romualdez, without specifying what the funding source will be
SPEAKER Ferdinand Martin G. Romualdez announced last Wednesday that a consensus has been reached on how to fund the reforms needed for the military and uniformed personnel (MUP) pension and make the program more reliable and sustainable in the years to come. “Our soldiers and uniformed personnel are now assured:…