President Marcos has ordered the creation of an inter-agency technical working group (IATWG) to conduct a full review of the military and uniformed personnel (MUP) pension system, calling it a necessary step to ensure long-term fiscal sustainability and alignment with the administration’s...
Teachers and government employees on Monday, October 27, expressed strong support for a congressional investigation into the reported P8.8 billion losses and alleged dubious investments of the Government Service Insurance System (GSIS). The Alliance of Concerned Teachers (ACT) Philippines backed...
Department of National Defense (DND) Secretary Gilberto C. Teodoro Jr. expressed openness to realigning portions of the Department of Public Works and Highways (DPWH) budget to the DND to address the Armed Forces of the Philippines’ (AFP) funding needs amid growing external security threats....
The Armed Forces of the Philippines (AFP) accused the Chinese Communist Party (CCP) on Tuesday, Oct. 21, of orchestrating a disinformation campaign or malign influence operation aimed at agitating retired military and uniformed personnel (MUP) amid discussions on the possible suspension of pensions...
The Armed Forces of the Philippines (AFP) clarified on Monday, Oct. 20, that its review of the military pension system, including possible sanctions for retirees allegedly spreading misinformation, remains a work in progress amid public backlash, including from a retired general who warned that any...
The Armed Forces of the Philippines (AFP) disclosed on Saturday, Oct. 18, that it is currently studying possible legal measures against retired officers, including the removal of their pension, in response to reports that some of them may have been involved in spreading false information and...
A group of education workers on Saturday, October 18, joined calls for the resignation of Government Service Insurance System (GSIS) President and General Manager Jose Arnulfo “Wick” A. Veloso over reported losses amounting to P8.8 billion and alleged questionable investments in...
President Marcos has ordered the Social Security System (SSS) and Government Service Insurance System (GSIS) to guard funds with integrity and invest wisely. In his speech at the ceremonial launching of the SSS Pension Reform Program on Wednesday, Sept. 10, Marcos reminded both institutions to...
Senator Risa Hontiveros is pushing for the passage of the bill providing all senior citizens with a P1,500 monthly social pension to augment their daily living expenses. Hontiveros filed Senate Bill No. 215 or the Lingap Para Kay Lolo at Lola Act which is one of her priority bills for the 20th...
A military and uniformed personnel (MUP) reform has not made the cut for the priority legislation of President Ferdinand Marcos Jr.’s three remaining years, as enacting changes would entail higher costs. “I think the reform will be more costly at this point in time,” Finance Secretary Ralph...
With the Philippines’ Social Security System (SSS) receiving a poor rating from a global pension index last year, a finance expert suggested that consolidating all state and private retirement schemes into a unified pension system would be an ideal and more sustainable move for the government....
Senatorial candidate Bam Aquino plans to propose a P2,000 monthly social pension for all senior citizens to help with their medication and food expenses if he wins a Senate seat in the upcoming midterm polls this May. Former senator Bam Aquino interacts with senior citizens during the...
