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AFP RETIREMENT and SEPARATION BENEFITS SYSTEM Form

AFP RETIREMENT and SEPARATION BENEFITS SYSTEM Form

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the senate committee a National Defense opened today the hearing on the proposed reform in the pension system of military and uniform Personnel or mup earlier Finance secretary Benjamin jobna warned that the current pension system may lead to fiscal collapse Senate Bill 284 seeks to create a retirement fund Authority for a unified system on separation retirement and pension of military and uniformed Personnel National Treasurer Rosario de Leon says the pension spending will further balloon should the current system continue please foreign adds the Department of Finance proposes that the reform in the pension system be applied both for active service and new entrants but mup agencies want to limit the reform system to new entrants the Department of National Defense appeals to lawmakers to consider the impact of the impending reform to the morale of the country's military force appeal to our honorable centers we should really look on the possible middle ground but we can really see uh th

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