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1. www.rappler.com › nation › house-panel-approvesHouse panel approves proposed pension reform for military ...

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   Aug 15, 2023 · The maximum retirement package would be raised to 90% based on the base pay of all MUP. All active personnel would get a 3% annual salary increase. The retirement age would be fixed at 57 for all...

2. afppgmc-mil.ph › faqsAFPPGMC - FAQs

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   Who are the authorized pensioners? Retirees – Military personnel who had 20 to 34 yrs maximum active military service or those who retired/separated through Complete Disability Discharge (CDD). Beneficiaries – legal beneficiaries of deceased retired and Killed-in-Action (KIA) active military personnel.

3. www.pna.gov.ph › articles › 1213459Benefits, pension, increased pay assured under MUP pension bill

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   Nov 11, 2023 · November 11, 2023, 10:00 am. Share. (PNA file photo) MANILA – A bill providing for a reformed pension system for military and uniformed personnel (MUP) would guarantee pensions for all uniformed personnel, annual pay increase, and improved benefits.

4. afpfinancecenter.com › 36 › Present-Pension-RateAFP Finance Center - Present Pension Rate Table (EO76)

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   AFP Vision 2028: A World-class Armed Forces, Source of National Pride. AFP Core Values: Honor,Service, Patriotism. Present Pension Rate Table

5. www.pna.gov.ph › articles › 1192647DBM OKs release of P14-B fund for 137K military pensioners

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   Jan 13, 2023 · By Ruth Abbey Gita-Carlos. January 13, 2023, 11:08 am. Share. (File photo) MANILA – The Department of Budget and Management (DBM) has released PHP14 billion to finance the monthly pension of more than 137,000 eligible military retirees for the first quarter of 2023.

6. www.gmanetwork.com › news › topstoriesLorenzana: Pension of retired military personnel should be ...

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   Feb 2, 2021 · News. Lorenzana: Pension of retired military personnel should be adjusted to inflation rate. By LLANESCA T. PANTI, GMA News. Published February 2, 2021 2:51pm. The Armed Forces of the Philippines is in favor of adjusting the amount of pension of retirees to the inflation rate rather than equating it with the salary of active military personnel.

7. People also ask

   How much will military pensions cost the Philippines by 2028?

   • The DOF estimated that pension expenditures could reach P290 billion by 2028 or the end of Marcos’ term. Worse, it could hit a whopping P1.5 trillion by 2040. DOF figures also revealed that the current share of unfunded military pension liabilities is already at P9.6 trillion, 53% of the Philippines’ gross domestic product.

   EXPLAINER: How generous military pension is pushing ... - RAPPLER

   www.rappler.com/business/how-generous-military-personnel-pension-pushing-philippines-fiscal-collapse/

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   How much is military pension spending in 2022?

   • Military pension spending in 2022 reached P164 billion, already outpacing maintenance and other operating expenses as well as capital outlays. Attempts to review the military pension system are not new, since the topic has been discussed as early as 2004.

   House panel approves proposed pension reform for military, uniformed

   www.rappler.com/nation/house-panel-approves-proposed-reform-military-uniformed-personnel-pension/

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   What is a reformed pension system for military and uniformed personnel?

   • Teresa Montemayor MANILA – A bill providing for a reformed pension system for military and uniformed personnel (MUP) would guarantee pensions for all uniformed personnel, annual pay increase, and improved benefits.

   Benefits, pension, increased pay assured under MUP pension bill

   www.pna.gov.ph/articles/1213459

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   Is a plan to fix the Philippines' unsustainable military pension system pushing enlisted soldiers?

   • MANILA, Philippines – A plan to fix the Philippines’ unsustainable military pension system is supposedly pushing enlisted soldiers to retire early, leaving President Ferdinand Marcos Jr. to spend his political capital to address both pressing concerns.

   EXPLAINER: How generous military pension is pushing ... - RAPPLER

   www.rappler.com/business/how-generous-military-personnel-pension-pushing-philippines-fiscal-collapse/

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8. www.rappler.com › business › how-generous-militaryEXPLAINER: How generous military pension is pushing ...

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   May 16, 2023 · “For 2021 and 2022, military uniformed personnel pension was 82% and 80% of the respective annual personnel services expenditures,” the DOF said. The DOF estimated that pension expenditures...