Abolition of Armed Forces Pension fund needs a rethink

The decision of the Aquino administration to abolish the pension fund for the members of the Armed Forces of the Philippines (AFP) is a major policy decision by the government that needs fuller explanation than the two-page news release issued to the media.

This event will come to pass if Memorandum Order 90, as signed by Executive Seretary Paquito Ochoa and presumably approved by President Benigno BS Aquino 3rd, is fully implemented.