Pension Reforms, Lowering VAT: Senator Jinggoy Ejercito Estrada inquired about Finance Secretary Ralph Recto’s position on the proposed Military and Uniformed Personnel (MUP) pension reform bill and a measure to reduce the 12% value-added tax (VAT) rate to 10%. Recto stated that the MUP bill would cost the government an additional ₱141 billion over three…
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(INQUIRER) MANILA, Philippines — Can government workers expect a wage hike next year? According to Senator Jinggoy Estrada, the country’s economic managers “have already anticipated the need to allocate funds for salary restructuring in the 2025 national budget due to the escalating cost of living.” “I was informed that there is a study on this…
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(INQUIRER) Four Senate committees have recommended the establishment of separate trust funds for the retirement and pension of the military and other uniformed personnel (MUP) to make their post-employment benefits system sustainable. Under Committee Report No. 173, the Senate panels also moved for the creation of two trust fund committees that will handle the proposed…
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(GMA NEWS) The bill seeking to reform the military and uniformed personnel (MUP) pension system is now up for debate in the Senate.advertisement This is after Senator Jinggoy Estrada sponsored Committee Report 173 as contained in Senate Bill (SB) 2501, which seeks to impose a mandatory contribution to new entrants in the Armed Forces of…
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Sponsorship Speech on Senate Bill No. 2501 Committee Report No. 173: Military and Uniformed Personnel Separation, Retirement and Pension System Act 04 December 2023 Official Social Media Accounts: Facebook & Youtube: @jinggoyestrada Instagram, Tiktok & Twitter: @jinggoyestrada_ Website: www.jinggoyestrada.ph Video: Senate of the Phillippines | IG: senateph
(PHILSTAR) MANILA, Philippines — The Senate hopes to pass the reformed pension system of military and uniformed personnel before yearend, according to Sen. Jinggoy Estrada. “There is no pension without contribution,” Estrada said in an interview with “The Chiefs” on Cignal TV’s One News, as MUPs continue to oppose the reform. “We are not messing…
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(PHILSTAR) MANILA, Philippines — The Commission on Appointments (CA) has confirmed the ad interim appointment of Gen. Romeo Brawner, the first chief of the Armed Forces of the Philippines (AFP) who will have a fixed term of three years in office. Brawner will serve until 2026. While Brawner’s confirmation process lasted more than three hours,…
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ESTRADA SEEKS AFP CHIEF’S TAKE ON MANDATORY MUP PENSION CONTRIBUTION: Senator Jinggoy Ejercito Estrada, during Wednesday’s meeting of the Committee on National Defense of the Commission on Appointments (CA), August 30, 2023, asks Armed Forces of the Philippines (AFP) Chief of Staff, Lt. Gen. Romeo Brawner Jr., about his stance on the proposed military and uniformed personnel…
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(BUSINESS MIRROR) SENATOR Jose Pimentel Ejercito Jr. is prodding the economic team of President Marcos and the Department of National Defense (DND) to discuss at length the next steps in reforming the pension system for military and uniformed personnel (MUP) of the Armed Forces of the Philippines (AFP), now the subject of several bills in…
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(PHILSTAR) MANILA, Philippines — “It’s about time” military and uniformed personnel (MUP) contribute to their pension fund, Sen. Jinggoy Estrada said yesterday as he pushed for the passage of a bill reforming their retirement fund system before the end of the year. In an interview with radio dwIZ, Estrada said that while most of the…
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