Part of the recommended Unified Military and Uniformed Services Personnel (MUP) Separation, Retirement and Pension Bill suggests that pension payments will only begin when the retiree/ pensioner reaches the age of 60. The new compulsory retirement age would also be raised to 60 years old from 56, with at least 20 years of satisfactory active service. Those who are currently in active service who will opt to retire early would still get their pension but only when they reach the age of 60. — Pension benefits are to be computed based on the actual rank held at the time of retirement or separation from service. To recall, President Rodrigo Duterte earlier this year ordered the economic team to address the ballooning pension of uniformed personnel.

Source: Philippine Daily Inquirer December 14, 2018 06:56 UTC