DBM approves release of P30 billion military pension

MANILA, Philippines — A P30.41-billion fund for the regular pension requirements of military and uniformed personnel (MUP) for the first quarter has been approved for release by the Department of Budget and Management (DBM).

Of the amount, P16.75 billion has been released to the Armed Forces of the Philippines and Philippine Veterans Affairs Office under the Department of National Defense.

Nearly P13.3 billion has been released to the Philippine National Police, Bureau of Fire Protection, Bureau of Jail Management and Penology and National Police Commission, under the Department of the Interior and Local Government.

Thirty-four pensioners under the National Mapping and Resource Information Authority of the Department of Environment and Natural Resources received P8.53 million.

About P350.68 million has been released to 2,836 retired uniformed personnel of the Philippine Coast Guard under the Department of Transportation.

The latest budget releases were based on the actual pension payroll submitted by the agencies at the end of last year, the DBM said.

The fund is chargeable against the pension and gratuity fund under the 2025 national budget.

“We, especially President Marcos, understand how important this is for our pensioners,” Budget Secretary Amenah Pangandaman said yesterday.

Missing from 2025 budget?

Two senators yesterday questioned claims of blank and missing amounts in the 2025 national budget.

Former president Rodrigo Duterte and Davao 3rd District Rep. Isidro Ungab earlier claimed there were discrepancies under the Department of Agriculture’s budget. — Marc Jayson Cayabyab