Tag: Senate Bill No. 284

Opening Statement: Committee Hearing on Military and Uniformed Personnel Pension Reform

Ngayon po ay sisimulan natin ang pagtalakay at paghimay sa masalimuot na usapin ng pensyon ng ating Military and Uniformed Personnel o MUP. As far as I know, efforts to rationalize pension and retirement schemes of our uniformed personnel have been included as a priority legislation of the LEDAC as early as the 13th Congress…
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Message to the Philippine Army

Delivered at Ricarte Hall, PAOC, FBMM, Headquarters, Fort Bonifacio, April 17, 2023 Maraming salamat sa imbitasyong ipinaabot ninyo sa inyong abang lingkod upang makadaupang palad kayo ngayong araw na ito. Isang karangalan ang pagkakataong makaharap kayo.  At bilang sukli sa pagpapahalagang ibinigay ninyo, iniimbitahan ko po kayo na pagsaluhan natin ngayong tanghali ang ihihanda ko…
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Estrada says legislation needed for military, police pension plan

(MANILA STANDARD) Senator Jinggoy Estrada said legislation is needed to address the “fiscal hemorrhage” that the current pension system for military and uniformed personnel retirees is causing government coffers. “Indeed, we are facing a ballooning pension requirement without viable funding sources,” Estrada said. He said the pensions of military and unformed personnel are way higher…
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Senate defense panel to tackle MUP pension reform bills in May − Estrada

(GMA NEWS) The Senate committee on national defense and security, peace, unification and reconciliation will tackle the measures seeking to reform the military and uniform personnel (MUP) pension system in May. This was disclosed by Senator Jinggoy Estrada, the panel’s chairman, days after Finance Secretary Benjamin Diokno said that President Ferdinand “Bongbong” Marcos Jr. is “okay” with…
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Statement on MUP pension reforms, potential fiscal crisis

I, along with some of my colleagues, have filed proposed legislation to address the fiscal hemorrhage that the current pension system for military and uniformed personnel retirees is causing our government coffers.  Indeed, we are facing a ballooning pension requirement without viable funding sources. The MUP pensions are way higher than the budgetary requirement for…
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