Make benefits equal for all retirees | Inquirer Opinion

Make benefits equal for all retirees

12:12 AM May 15, 2017

The Inquirer published on May 1, 2017, two items that indicated the current administration’s concern for soldiers.

One item reported that a “new pension system for soldiers” is being considered by the Department of Finance, Department of National Defense and the Department of Budget and Management. It quoted Finance Secretary Carlos Dominguez as saying that this new pension system has to be legislated.

In a public hearing conducted by Sen. Antonio Trillanes IV last year, which I attended as a representative of the Philippine Hospital Association, Budget Secretary Benjamin Diokno said that pension funds for retired soldiers are provided in large part by the annual General Appropriations Act. Finance Secretary Dominguez said that one of the options under consideration is the incorporation of the soldiers’ pension in the GSIS.

Article continues after this advertisement

It was also pointed out that the General Appropriations Act provides many other retirement funds.

FEATURED STORIES

The other item was a letter from a retired general thanking President Duterte for the release of disability pension funds last September. The
soldier-retirees are indeed very lucky that the current administration is showing such care and concern for them.

Heartened by this concern, we, the retirees from the private sector, invite, call—and beg for—the attention of the proper government departments to the plight of many of us.

Article continues after this advertisement

Specifically, under Republic Act No. 7699 (Portability Law), a number of retirees are denied, by the Government Service Insurance System, certain benefits given to other retirees under other retirement laws, namely:

Article continues after this advertisement

1. the annual cash gift released at year-end;

Article continues after this advertisement

2. the right to a pension increase;

3. the “milestone bonus” for retirees who reach the ages of 90, 95, 100.

Article continues after this advertisement

The GSIS deprived retirees of these benefits, supposedly pursuant to The Portability Law, through GSIS Board Resolution No. 177 and No. 187, which were promulgated in 2007 and 2009, respectively.

It must be noted that RA 9994 (Expanded Senior Citizens Act) was approved by Congress on Jan. 27, 2010, and signed into law by then President Gloria Macapagal Arroyo on Feb. 15, 2010. This law requires the periodic review of pensions and the continuance of the benefits and privileges given by the GSIS, SSS and Pag-Ibig; and “to ensure their continuing responsiveness and sustainability, and to the extent practicable and feasible, (these) shall be upgraded to be at par with the current scale enjoyed by those in actual service.” The benefits include the cash gift, right to get increase in pension and the milestone bonus.

Therefore, the government has the responsibility to enforce the observance of RA 9994 over and above the GSIS resolutions.

In the interest of justice and equity, let there be equality in pension benefits. In their prime, the retirees contributed a lot to society; they also deserve to enjoy enough benefits in their sunset years.

Make equal the pension benefits for all retirees!

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

MAFEO R. VIBAL, vice president-external affairs, Philippine Association of Retired Persons, mafeovibal@gmail.com

TAGS: pension, retirees

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.