THE House of Representatives approved in third and final reading on Tuesday morning, September 26, 2023, the consolidated proposed measure seeking to reform the pension system for...
THE House of Representatives approved in third and final reading on Tuesday morning, September 26, 2023, the consolidated proposed measure seeking to reform the pension system for military and other uniformed personnel .
It also rationalizes the system of granting monthly pension and other benefits to personnel of the uniformed services in a way that is beneficial to them as well as with the National Government. MUP refers to personnel from the Armed Forces of the Philippines , Bureau of Fire Protection, Bureau of Jail Management and Penology, Philippine Coast Guard, the Philippine Public Safety College, the Bureau of Corrections, and the Philippine National Police and commissioned officers of the hydrography branch of the National Mapping and Resource Information Authority who were transferred from the Bureau of Coast and Geodetic Survey.
Monthly retirement pay of those who are already in active service before the enactment of the law shall be 50 percent of the base pay. Retiring MUPs may receive in advance in one lump sum his retirement benefits for 36 months and get his monthly pension after three years, or receive his pension as it accrues after his retirement.
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