GSIS EYED TO AUGMENT MILITARY. POLICE PENSIONS

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The government is considering to tap the Government Service Insurance System (GSIS) to augment the pension for the country’s uniformed personnel. President Benigno Aquino 3rd, in his fourth state of the Nation Address on Monday, said pensions for the soldiers reached P54.28 billion in 2012. This is expected to rise to P61.29 billion this year and to P80.64 billion in 2016.

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