Philippine Military Overpays Dead Pensioners By P73.11 Million

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Philippine Military Overpays Dead Pensioners By P73.11 Million
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The Armed Forces of the Philippines (AFP) has overpaid pension benefits by P73.11 million to deceased pensioners from 2021 to 2023, according to the Commission on Audit (COA). This mispayment violated AFP's SOP No. 14 and involved payments to 264 dead pensioners.

The Armed Forces of the Philippines overpaid pension benefits by P73.11 million to dead pensioners from 2021 to 2023, the Commission on Audit reported.In its annual audit report on the AFP , state auditors said the P73.11 million was paid to 264 dead pensioners, violating the AFP Standard Operating Procedure No. 14 dated July 15, 2019.At least P43 million was paid to dead pensioners in 2023, and P29.5 million in 2021 to 2022, state auditors found.

As for the SOP 14, the AFP said it quarterly and consistently reviewed the policy in recognition of "the importance of revising the frequency of updating of status of the pensioners."Unlike other workers in the public and private sector, the AFP said, military personnel do not contribute a single peso for their future pension fund since this is provided in the annual national budget.

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gmanews /  🏆 11. in PH

AFP Overpayment Pensioners Commission On Audit SOP No. 14

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