BBM’s economic team meets Philippine army, coast guard to discuss proposed MUP pension reform

The country’s economic managers recently conducted back-to-back consultations with members of the Philippine Coast Guard (PCG) and Philippine Army (PA) to discuss and refine the proposed Military and Uniformed Personnel (MUP) Pension Reform Bill.

To date, the economic team has conducted a total of nine consultative discussions with members from the PA, Philippine Air Force, Presidential Security Group, Philippine Navy, Philippine National Police, AFP Health Service Command, PCG, and Bureau of Jail Management and Penology.

The administration bill is seen to be finalized in time for the resumption of Congress’ session in July 2023.

“When we started the roadshow, our proposals were very different. But because we are listening, the proposals have changed. The presentation you will see today has been the product of various consultations with stakeholders,” Department of Finance (DOF) Undersecretary Maria Luwalhati C. Dorotan Tiuseco said.

The economic team made revisions to address concerns and recommendations gathered from the previous consultations with various MUP services.

Deputy Treasurer Erwin D. Sta. Ana emphasized the government’s commitment to finding a “healthy balance” between ensuring the sustainability of the MUP pension system and safeguarding the welfare of enlisted personnel.

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