The controversial Maharlika Investment Fund (MIF) would not be hindered by the absolute prohibition of access to the state pension funds, National Economic Development Authority (NEDA) Secretary Arsenio Balisacan said. NEDA Secretary Arsenio Balisacan (Photo from the Presidential Communications...
The Senate has ratified the bicameral conference committee report on the bill increasing the disability pension of veterans. Sen. Jinggoy Ejercito Estrada said that after nearly three decades, disabled veterans can now look forward to getting a higher monthly pension, as Senate Bill No. 1480 seeks...
Less than two weeks after making a call for a better pension system for the country's uniformed personnel, President Ferdinand "Bongbong" Marcos Jr. said discussions were now ongoing to at least lay down the foundation for a functioning system. *President Ferdinand ‘Bongbong’ Marcos Jr. (Ali...
Finance Secretary Benjamin Diokno on Tuesday, May 30, said that it is up to the boards of directors of state pension institutions, such as the Social Security System (SSS) and Government Service Insurance System (GSIS), to invest in the proposed Maharlika Investment Fund (MIF). Finance Secretary...
House of Representatives (PPAB) With 268 affirmative votes and just one abstention, the House bill pursuing an increase in disability pensions for military veterans and their dependents has been approved on third and final reading. Passed during plenary session Monday, May 22 was House Bill (HB)...
(MANILA BULLETIN) The House of Representatives has approved on second reading the bill seeking to rationalize the disability pension of veterans who suffered disabilities while they were still in active service. Passed via simple voice vote (ayes vs. nayes) during plenary session Tuesday, May 16...
The Senate on Monday, May 15 approved on third and final reading the bill proposing a 350 to 488 percent rate increase in the disability pension of veterans and their beneficiaries. With 21 affirmative and zero negative votes, Senate Bill No. 1480 or the proposed Act Rationalizing the Disability...
BACOLOD CITY – A total of 1,473 senior citizens received their social pension in Pulupandan, Negros Occidental on Friday, May 12. GOV. Bong Lacson leads the distribution of the social pension to one of the 1,473 senior citizens in rites held at Haven of Grace in Barangay Utod, Pulupandan,...
BACOLOD CITY – The Department of Social Welfare and Development (DSWD) has released cash assistance from their social pension program to 2,159 indigent senior citizens in E.B. Magalona, Negros Occidental last week. A TOTAL of 2,159 indigent senior citizens in E.B. Magalona, Negros...
Senator Ronald “Bato” Dela Rosa on Tuesday, May 9 said state economic managers should find ways to sustain the pension system for the military and other uniformed personnel (MUP). Dela Rosa, a former Philippine National Police (PNP) chief, made the call in response to reports that President...
Davao del Norte 1st district Rep. Pantaleon Alvarez (Facebook) Davao del Norte 1st district Rep. Pantaleon Alvarez is calling on the government to do away with what he described as "parasitic entities" in the bureaucracy as a way to save precious public funds. Alvarez, a former House Speaker,...
Senator Bong Go (Senate PRIB) The proposed Military and Uniform Personnel (MUP) pension reforms must apply only to new entrants, Senator Christopher ‘’Bong’’ Go said on Tuesday, April 11. Go, however, maintained that he is open to reforms to the pension system for the country’s military...
