ROTC alumni, PNP retirees decry pension irregularities
By Mario J. Mallari and Gina Peralta-Elorde 05/29/2012The National ROTC Alumni Association (NARAA) Inc. is rejecting the new military pension system being pushed by the Armed Forces of the Philippines-Retirement and Separation Benefit System (AFP-RSBS), branding the move as a possible cause of demoralization in the organization.
In a manifesto, the NARAA said the proposal of the AFP-RSBS to reform the military pension system was “economically untenable, patently unjust and prejudicial to the welfare of the Filipino soldiers.”
The group added that “such a pension legislative initiative is grossly irresponsible. A cause for serious concern since we think that such a proposal would certainly create demoralization in the entire military organization.”.... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/nation/20120529nat1.html
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