MANILA, Philippines — The Marcos administration's economic team has proposed that military and uniformed personnel (MUP) in active service contribute 5 percent of their monthly pay to their retirement fund for the first three years of a plan to reform their pension system. The new entrants to the uniformed services would be contributing 9 percent of their basic salary and longevity pay, according to a statement on Saturday by a technical working group (TWG) led by the Department of Finance (DOF) which was created to help craft a pension reform law for MUP.
https://newsinfo.inquirer.net/1789669/mup-pension-dof-sets-contributions-at-5-to-9#inquirer
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