Wednesday 15 August 2018
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6 months ago

New 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

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