Efforts are now under way to create the “structure” that will handle the retirement trust fund of military personnel. Know more:
EFFORTS are now under way to create the “structure” that will handle the retirement trust fund of military personnel.
Defense Secretary Gilbert C. Teodoro: “For [military] retirees, their pension system will remain the same and they will still receive the same, that is the proposal of the DND and I will push for that.” And under the DND proposal, Teodoro said the pension system for retirees, or those no longer in active service, will remain the same.
Teodoro is confident the transition from a setup where members made no contributions to the new contributory phase would have the “least financial disruption” for AFP members, which the trust fund exclusively covers.
Under the proposed pension system, MUPs will be required to contribute a portion of their salaries as a form of savings, which will be supplemented by the government. The economic team is set to continue dialogues with various MUP service representatives on the proposed governance structure to ensure optimal cash flows and proper representation of stakeholders.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
DSWD vows emergency cash programs for Egay-affected familiesSocial Welfare and Development Secretary Rex Gatchalian assured families affected by Typhoon Egay that the government will implement emergency cash transfers and cash-for-work programs to assist their recovery. | charieabarcaINQ
Baca lebih lajut »
Andrea Torres hindi kayang patawarin ang ‘cheating’, inaming nagiging kaibigan ang mga ex-BFPARA sa Kapuso actress na si Andrea Torres, ang pinaka hindi niya mapapatawad sa isang relasyon ay ang panloloko o cheating. ‘Yan ang deretsahang inamin ng aktres sa binansagang King of Talk na si Boy Abunda sa programang “Fast Talk.” Paliwanag ni Andrea, “Kasi trust po ‘yun e. Feeling ko kapag nasira na ‘yun ang […]
Baca lebih lajut »
Makabayan bloc to scrutinize MUP pension during budget deliberationsA lawmaker on Sunday committed to scrutinizing the pension systems of the military and uniformed personnel (MUP), with the reform of the system among the priority measures pushed by President Ferdinand “Bongbong” Marcos Jr.
Baca lebih lajut »