Recto: Consider hybrid pension system for military and uniformed personnel to solve “unfunded liability” problem Committee on National Defense and Security, Peace, Unification and Reconciliation hearing on military and uniformed personnel (MUP) pensions 20 May 2021 During a hearing tackling the pension fund of the country’s MUPs, Senate President Pro Tempore Ralph Recto asks the Bureau of the Treasury and the GSIS to explore the option of adopting a hybridized pension system in order to reduce u

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