Exclusive by Raïssa Robles – When I interviewed President Benigno Aquino III on April 16, 2015, one of the very first things he told me was that he intends to fix the pension system for the military and policemen. This includes passing an amended law and identifying ways to fund its seed capital, which is estimated to cost over P1.7 trillion.
According to news reports, as of the year 2000, unpaid pensions had reached a total of P18 billion.