Anger over pensions
Recently a bill came out of the Philippine Congress granting a P2,000 increase in retirees’ social security pensions. President Benigno Aquino III vetoed it, angering the retirees. The pensioners are restive. But it was Mr. Aquino’s legislative allies who let him down in the pension mess. His non-allies put him in a tight spot, intentionally surely. Any legislation… Read More »