VERA FILES FACT SHEET: Top concerns of military, other uniformed personnel on the Marcos admin’s pension reform proposal
The Philippine Military Academy Class of 1971 told the economic team to first complete a full actuarial study, saying the P9.6 trillion estimate by the GSIS in 2019 to fully fund the pension system is “misleading.” It said the analysis failed to include data on the overall assets of the AFP and other uniformed services.