A quick resolution to the Military and Uniformed Personnel (MUP) pension issue will allow the Philippines to focus on 'financing a credible defense posture especially in the West Philippine Sea (WPS)'.
A quick resolution to the Military and Uniformed Personnel pension issue will allow the Philippines to focus on"financing a credible defense posture especially in the West Philippine Sea ".
Incidentally, the Ad Hoc Committee on the MUP Pension System meets for the first time Tuesday morning, Aug. 15 to discuss bills on the pension system. Salceda chairs the panel. “Our expenditures are growing for defense, even as our MUP pension liabilities also grow. That is untenable. We have a solution that inflicts the least pain possible on all stakeholders," added the Bicolano, who also chairs the Committee on Ways and Means.
“The pension structure will be retained in full – pensionable age, retirement at one rank higher, years before optional retirement, the benefits structure. Everything stays," he said.
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