DBM releases over P14 billion for military retirees’ pension

    MANILA, Philippines --- The Department of Budget and Management (DBM) has approved the release of over P14 billion to the Armed Forces of the Philippines (AFP) for the pension of its retirees. In a statement on Friday, the DBM said that Secretary Amenah Pangandaman approved a special allotment release order (SARO) to the Department of National Defense - AFP to cover the regular pension of military requirements. The SARO and the corresponding notice of cash allocation cover pension requirements from January to March 2023, the DBM said. "It is our responsibility to make sure that our retirees, as well as their families, always get the benefits entitled ...Keep on reading: DBM releases over P14 billion for military retirees’ pension

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