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NewsLine Philippines

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Military Pension

DBM approves P14-B release for military retirees’ pension

June 24, 2024 by NewsLine Philippines

DAVAO CITY, Philippines – The Department of Budget and Management (DBM) has authorized the release of PHP 14.046 billion to cover the regular pension obligations of military retirees from July to September 2024. Budget Secretary Pangandaman granted the Department of National Defense – Armed Forces of the Philippines’ request for funds on June 14, according to a DBM news … [Read more...] about DBM approves P14-B release for military retirees’ pension

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