We speak to former senator Antonio Trillanes IV on the Marcos admin’s push to reform the military pension system. Catch this RapplerTalk TODAY at 3 pm.
the Marcos administration’s proposal to reform the country’s military pension system. . Past administrations have tried, in vain, to overhaul the pension system of the country’s armed forces. The two biggest sticking points? Removing automatic indexation or increases in pension as salaries of those in service go up, and making contributions mandatory for those already in or about to enter the service.
Diokno said President Ferdinand Marcos Jr. is “willing to spend his political capital” to push this reform because if the system goes on unchanged, a “fiscal collapse” would be in the horizon. and a supermajority in Congress – make a successful push for this measure? In this episode of Rappler Talk, we talk to former senator Antonio Trillanes IV, a former soldier who, as a legislator, also proposed similar reforms to the pension system. – Rappler.com
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