An opposition leader of the House of Representatives objected to the government’s proposal to tap government savings to augment the P120 billion yearly requirement for the taxpayer-paid pensions of military and uniformed personnel. | JMAurelioINQ
“Instead of using the P120 billion in savings for military and police personnel whose salaries were doubled and who are not contributing to their pension, the savings can be tapped for government teachers and nurses so that they won’t be forced to work as overseas Filipino workers,” Castro said.
She backed the proposal for MUPs to make a mandatory contribution to their pension, which is currently funded entirely by the national budget. She cited data from the Department of Budget and Management showing that P300 billion was allotted for the MUP pension in the proposed 2024 national budget alone.
She made the remarks a few days after House appropriations panel chair, Rep. Elizaldy Co, said the House was exploring fund sources for the MUP pension ahead of deliberations on the proposed P5.768 trillion national budget for next year. Co said Speaker Martin Romualdez instructed him and his colleagues “to ensure that the problem of the MUP pension is resolved within the year” and find ways to raise the hefty P120 billion yearly requirement. INQYour subscription has been successful.
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