Days after the proposal is approved by a House panel, the defense chief says he has concerns over the bill
to reform the pension system of the country’s military and uniformed personnel hurdled a House committee, Defense Secretary Gilbert Teodoro said he had “concerns” over the bill.
The House ways and means committee approved on August 15 a proposal that consolidated 12 earlier bills seeking to reform what’s been described by economic managers as anCurrently, the Philippine government spends for 100% of the pensions of retired military and uniformed personnel. Spending on pensions, as of 2022, has already outpaced maintenance, operating expenses, and capital outlays.
The House version, as approved by the ways and means committee, makes it so that the Armed Forces of the Philippines , which is under the DND, would have a separate pension management system from uniformed personnel who are civilians. “The President envisions a carefully transitioned introduction of any pension reform plan so that those in active service will be impacted in the least possible way. The imposition of mandatory monthly contributions without a transition phase will definitely have an impact on our soldiers,” he said.
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