DBM releases P14-B fund for retired soldiers’ pension

by | Sep 10, 2024 | Retirement Pension

DBM releases P14-B fund for retired soldiers’ pension


The Department of Budget and Management (DBM) has released a P14 billion fund for the pension of retired soldiers in the Philippines. This move aims to provide financial support to veterans who have dedicated their lives to serving the country.

The funds will be used to cover the pension requirements of retired military personnel, ensuring that they receive the benefits they rightfully deserve. This allocation is part of the government’s commitment to honoring the service and sacrifices of our soldiers.

Retired soldiers play a significant role in the country’s defense and security. They have devoted their lives to protecting the nation and upholding its integrity. It is only fitting that they are given the necessary support and assistance in their retirement years.

The release of the P14 billion fund for the pension of retired soldiers demonstrates the government’s recognition of the contributions of these brave men and women. It also highlights the importance of providing for their welfare and well-being, especially as they age and require assistance.

This move by the DBM is a step in the right direction towards fulfilling the government’s obligation to our retired soldiers. It is a testament to the value and respect that the country places on the service of its military personnel.

In these challenging times, it is crucial that we take care of those who have risked their lives for our safety and security. The P14 billion fund for the pension of retired soldiers is a positive development that will help ensure that our veterans are well taken care of in their retirement.

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As we express our gratitude to the retired soldiers for their service, let us also continue to support and honor them through initiatives like this fund allocation. It is important to show our appreciation for their sacrifices and to provide them with the assistance they need to live a comfortable and dignified retirement. The release of the P14 billion fund for the pension of retired soldiers is a significant step in that direction.


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