Marcos warns of MUP pension depletion if reforms not done

PAGUDPUD, Ilocos Norte, Philippines — President Ferdinand Marcos Jr. on Friday warned that the pension fund for military and other uniformed personnel (MUP) will be depleted in five to six years unless the government finds ways to make the pension system “self-sustaining.” “If we keep going the way we do, my prediction is that it … Continue reading Marcos warns of MUP pension depletion if reforms not done