Apply same laws to all government retirees
newscatcher
2023-03-07 00:31
Apply same laws to all government retirees
This is regarding the editorial 'Reform retirement system' (2/4/23) that pointed out the need for our lawmakers and policymakers to study reforming and improving the pension system. There are two separate retirement or pension system showing marked differences in terms of benefits given to retirees in the government service. The first scheme covers retirees under the Government Service Insurance System who make mandatory contributions to their pensions. Their monthly pension is way below their salary on their last day of service and cannot exceed 90 percent of the average monthly salary for the last three years in the service, provided the retiree has rendered at least 35 years in the government service.

https://opinion.inquirer.net/161512/apply-same-laws-to-all-government-retirees

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