2023-06-06 23:31
Pattern MUP pension after state workers fund – GSIS head
MANILA, Philippines — As the government scrambles to reform the pension system for military and uniformed personnel (MUP) to avert a fiscal crisis, the state-controlled Government Service Insurance System (GSIS) has suggested that it simply replicate the current premium contribution structure for state workers. GSIS President Jose Arnulfo 'Wick' Veloso said the MUP system must be aligned with the contribution rate payable by GSIS members and their government employers, amounting to 9 percent and 12 percent, respectively, of the actual monthly salary of the contributing member.

https://newsinfo.inquirer.net/1780396/pattern-mup-pension-after-state-workers-fund-gsis-head

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