00:00According to the Directive of President Ferdinand R. Marcos, Jr.,
00:03the Department of Budget and Management Secretary Amena Pangandaman has approved the release of P30.409 Billion
00:11so that the regular pension of Military and Uniformed Personnel or MUP for the first quarter of 2025 can be reimbursed.
00:18According to Secretary Pangandaman, the Fund for the Pension and Gratuity Fund
00:24is included in the Republic Act No. 12116 or the FY 2025 General Appropriations Act.
00:30Meanwhile, P16.752 Billion will be allocated to the Armed Forces of the Philippines at the Philippine Veterans Affairs Office
00:39while P13.297 Billion will be allocated to the agencies of the Department of the Interior and Local Government
00:46such as the Philippine National Police.
00:48P8.530 Billion will also be allocated to the 34 pensioners of the National Mapping and Resource Information Authority
00:56and P350.68 Billion will be allocated to the retired personnel of the Philippine Coast Guard.
01:02The Fund will be based on the actual pension payroll of the mentioned agencies as of December 31, 2024.
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