Pension reform must now go forward; time to let go of ‘elephant in the room’

Pension reform must now go forward; time to let go of ‘elephant in the room’ MBOpinions READ:

The four-point plan, which according to him has been approved by President Ferdinand R. Marcos, Jr.

Since 2003 or for two decades, payment of retirement benefits due to the MUP had been authorized through annual appropriations in the national budget that have now become unsustainable. Hence, it is imperative that all new recruits and active personnel be required to start making regular contributions to support the funding of their future retirement benefits.

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manilabulletin /  🏆 25. in PH

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