00:00In accordance with the directive of President Ferdinand R. Marcos Jr.,
00:04the Department of Budget and Management Secretary Amena Pangandaman has approved the release of more than Php 30 billion
00:12to cover the regular pensions of military and uniformed personnel or MUP in the first quarter of 2025.
00:20Under Secretary Pangandaman, pensions are an important assistance for retired MUP and their families
00:28even if they quickly signed the release of the funds after completing the required documents.
00:35The Php 30.409 billion will be collected from the Pension and Gratuity Fund or PGF
00:42that is included in Republic Act No. 12116 or the Fiscal Year 2025 General Appropriations Act.
00:50Meanwhile, the Php 16.752 billion will be allocated to the Armed Forces of the Philippines and the Philippine Veterans Affairs Office
00:58while the Php 13.297 billion will be allocated to the agencies of the Department of the Interior and Local Government
01:06such as the Philippine National Police.
01:08The Php 8.530 million will also be allocated to the 34 pensioners of the National Mapping and Resource Information Authority or NAMRIA
01:19and the Php 350.68 million will be allocated to the retired personnel of the Philippine Coast Guard.
01:25The funds will be allocated to the current pension payroll
01:29that was approved by the mentioned agencies last December, December 31, 2024.
