Military and Uniformed Personnel Pension System Reform
Finance Secretary Benjamin E. Diokno on Wednesday asserted that any proposed reforms in the pension system for military and uniformed personnel (MUP) must directly and squarely address the substantial budgetary implications stemming from indexation and the absence of personnel contributions. Secretary Diokno has firmly stood behind the economic team’s proposals on the MUP pension reform…
Finance Secretary Benjamin E. Diokno emphasized the urgent need for a pension reform bill to establish an adequate, fair, dignified, and financially sound pension system for soldiers, policemen, and other uniformed personnel. “The core objective of the government’s efforts to reform the pension system for military and uniformed personnel is to address the unsustainability and…
Finance Secretary Benjamin E. Diokno welcomed the swift creation of an ad hoc Committee on the Military and Uniformed Personnel (MUP) Pension Reform which was formalized during the House of Representatives session on August 2, 2023. Albay 2nd District Representative Joey Salceda, who also chairs the House Committee on Ways and Means, was appointed Chairperson…
The Bureau of Fire Protection (BFP) leadership, led by Fire Chief Louie S. Puracan has expressed openness to the creation of a sustainable pension fund for the military and uniformed personnel (MUP). This declaration was made during the economic team’s 21st consultative meeting held on July 4, 2023, at the BFP Headquarters in Quezon City….
Military and uniformed personnel (MUP) officials gathered for the first ever Inter-Agency Summit of Senior Non-Commissioned Officers on June 30, 2023 at the Philippine National Police (PNP) Headquarters in Camp Crame to discuss the proposed MUP pension reform with the economic team. Over one hundred executives and representatives of the non-commissioned officers of the PNP,…
The economic team, in cooperation with the Department of National Defense (DND) and the Office of Senator Jinggoy Estrada, Chairperson of the Senate Committee on National Defense and Security, Peace, Unification and Reconciliation, has successfully completed thirteen (13) consultative meetings with all branches of the Armed Forces of the Philippines (AFP) from May 25 to…
Representatives from the Bureau of the Treasury (BTr), Department of Finance (DOF), and Government Service Insurance System (GSIS) engaged in another courtesy call with Department of the Interior and Local Government (DILG) Secretary Benhur Abalos on June 19, 2023 at the Philippine National Police (PNP) National Headquarters in Camp Crame, Quezon City. Secretary Abalos gathered…
Representatives from the Department of Finance (DOF), Bureau of the Treasury (BTr), and Government Service Insurance System (GSIS) paid a courtesy visit to newly appointed Department of National Defense (DND) Secretary Gilberto C. Teodoro, Jr. on June 19, 2023 at Camp General Emilio Aguinaldo, Quezon City to discuss the military and uniformed personnel (MUP) pension…
The Bureau of Jail Management and Penology (BJMP) welcomed the economic team to conduct consultations vital to crafting the pension reform bill for military and uniformed personnel (MUP) on June 13, 2023 at the BJMP National Headquarters in Quezon City. The event gathered 10,000 BJMP uniformed personnel, via physical and virtual attendance, composed of frontliners…
The economic team held back-to-back consultations with members of the Philippine Coast Guard (PCG) and Philippine Army (PA) to further discuss and refine the proposed Military and Uniformed Personnel (MUP) Pension Reform Bill on Friday, June 9, 2023. “When we started the roadshow, ibang-iba po ang proposals namin. Pero dahil nakikinig kami, nag-iba na po…