Tag: MUP Pension System

Jinggoy: Economic managers see need to fund wage restructuring in 2025 budget

(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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New trust funds for AFP, law enforcers proposed

(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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Reform Bill sa pension system ng militar, isinalang sa plenaryo ng Senado

(REMATE) MANILA, Philippines- Nakatakdang pagdebatehan ang isang panukalang batas na magbabalasa sa pension system ng militar military and uniformed personnel (MUP) matapos itong isalang sa plenaryo ng Senado. Natuklasan ito sa paghahain ni Senador Jinggoy Estrada sa Committee Report 173 ng Senate Bill (SB) 2501, na may layuning  itakda ang mandatory contribution sa bagong pasok…
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Only new entrants in military to have pension deductions – Jinggoy

(JOURNAL NEWS ONLINE) ONLY new entrants in the military and uniformed services will have pension deductions in their monthly pay, Sen. Jinggoy Ejercito Estrada said Monday. Estrada’s Committee on National Defense and Security included this amendment in the substitute measure proposing reforms in the military and uniformed personnel (MUP) pension system to prevent a fiscal collapse in the…
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Senate to debate MUP pension reform bill

(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

SPONSORSHIP SPEECH  Senate Bill No. 2501 under Committee Report No. 173 “Military and Uniformed Personnel Separation, Retirement and Pension System Act” Sponsor: Senator Jinggoy Ejercito Estrada  Mr. President, esteemed colleagues, ladies and gentlemen, as your Chairperson of the Senate Committee on National Defense and Security, Peace, Unification and Reconciliation, I am honored to submit to…
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WATCH | Sponsorship Speech: Military and Uniformed Personnel Pension System

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

Only new entrants will be required to give contribution – Jinggoy

In reforming the military and uniformed personnel pension system ONLY new entrants in the country’s military and uniformed services will have pension deductions in their monthly pay, Senator Jinggoy Ejercito Estrada today said.  Estrada’s Committee on National Defense and Security included this amendment in the substitute measure proposing reforms in the military and uniformed personnel…
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Senate bill proposes 7%, 9% mandatory contribution for new MUP entrants

(GMA NEWS) A joint Senate committee has recommended mandatory contributions for new entrants in the military and uniformed services.advertisement The Senate Committees on National Defense and Security, Peace, Unification and Reconciliation; on Government Corporations and Public Enterprises; on Ways and Means; and on Finance proposed this under Committee Report 173 as contained in Senate Bill…
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Restructured MUP signed before yearend – Estrada

(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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