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The government plans to collect contribution payments from active military and police personnel for their future pension benefits as the Duterte administration moves to the ballooning disbursements to retired officers. Budget Secretary Benjamin E. Diokno tNew pension plan for soldiers, cops set
The government plans to collect contribution payments from active military and police personnel for their future pension benefits as the Duterte administration moves to the ballooning disbursements to retired officers. Budget Secretary Benjamin E. Diokno told reporters yesterday that the new pension system for uniformed personnel, to be supervised by the Government Service Insurance System (GSIS), would be established before the end of this year. In the case of existing pensioners, he said, the government would honor their contracts and retain the current system. At present, pension benefits of uniformed personnel increase alongside the salary hikes being enjoyed by those in act...Keep on reading: New pension plan for soldiers, cops set Read more