After recognizing that the new amendments to the law might not be enough, President Ferdinand 'Bongbong' Marcos Jr. said the government is working on 'self-regenerating' pension plans for both AFP and PNP. ManilaBulletin READ:
Marcos says he wanted to avoid a scenario where no more funds would be intended for their pensions.Marcos recently signed RA 11939, which limited the terms for service years of the military and adjusted the compulsory retirement age from 55 to 57.
which limits the tour of duty of key AFP officials and adjustment the retirement age of officers from 55 to 57. "Now, we're working hard on making sure that we have a pension plan both for the AFP and for the police," he said. "We are also putting together a program for housing for uniformed services. I think we will be able to do it. Maybe we can tie it up with the pension," Marcos said.
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