The Department of Budget and Management (DBM) approved on Tuesday the release of P30.409 billion in pension funds for military and uniformed personnel (MUP) for the first quarter of 2025.
The DBM noted that this will cover MUPs' regular pension requirements.
The budget agency will charge the fund against the Pension and Gratuity Fund (PGF) under the General Appropriations Act (GAA).
Under this allocation, P16.752 billion went to the Armed Forces of the Philippines – General Headquarters-Proper and the Philippine Veterans Affairs Office under the Department of National Defense.
P13.297 billion was allocated to the attached agencies of the Department of the Interior and Local Government (DILG), including the Philippine National Police, Bureau of Fire Protection, Bureau of Jail Management and Penology, and the National Police Commission.
Additionally, P8.530 million was allocation for pensioners under the National Mapping and Resource Information Authority (NAMRIA) of the Department of Environment and Natural Resources (DENR).
Moreover, pension funds amounting to P350.680 million for 2,836 retired uniformed personnel have been transferred to the Philippine Coast Guard (PCG).
The DBM stated that these fund releases are based on the actual pension payrolls submitted by the uniformed services agencies as of 31 December 2024.