Economic team continues series of consultations on MUP pension reform, meets with Philippine Navy

Economic team continues series of consultations on MUP pension reform, meets with Philippine Navy

In an effort to gather more stakeholder perspectives on the proposed reforms to the pension system of Military and Uniformed Personnel (MUP), the government’s economic team held consultations with the Philippine Navy on Thursday, June 8, 2023, at the Social Hall of the Officer’s Clubhouse in Fort Bonifacio, Taguig. Six hundred participants attended the event…

Key officers from the DOF, Treasury, and GSIS meet with PNP to discuss options on MUP pension reform

Key officers from the DOF, Treasury, and GSIS meet with PNP to discuss options on MUP pension reform

Top officials from the Department of Finance (DOF), the Bureau of the Treasury (BTr), and the Government Service Insurance System (GSIS), together with a representative from the Office of Senator Jinggoy Estrada, held a dialogue on June 7, 2023 at Camp Crame in Quezon City with the Philippine National Police (PNP) to discuss proposed reforms…

Econ team improves MUP pension proposals after initial consultations, PNP talks next on agenda

Econ team improves MUP pension proposals after initial consultations, PNP talks next on agenda

The economic team has made adjustments to improve the current proposals for the military and uniformed personnel (MUP) pension reform after its initial consultations with the Armed Forces of the Philippines (AFP), Philippine Air Force (PAF), and Presidential Security Group (PSG). Department of Finance (DOF) Undersecretary Maria Luwalhati Dorotan Tiuseco presented the economic team’s latest…

Economic team meets with Philippine Air Force on MUP pension reform

Economic team meets with Philippine Air Force on MUP pension reform

The economic team met with members of the Philippine Air Force (PAF) to discuss the proposed reforms to balance the creation of a fair military and uniformed personnel (MUP) pension system while preserving the country’s overall fiscal health during a dialogue held at the Colonel Jesus Villamor Air Base in Pasay City on May 26,…

Economic team meets Armed Forces of the Philippines to kickoff MUP pension dialogue

Economic team meets Armed Forces of the Philippines to kickoff MUP pension dialogue

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…

BTr: Military pension reform to enhance pension security and predictability

National Treasurer Rosalia De Leon underscored the intention of proposed reforms to the military and uniformed personnel (MUP) pension system to enhance pension security and predictability. “First, we must establish a strong, sustainable, and robust social protection system that all MUP can rely on in old age. The proposed MUP pension reform aims to establish…