+ Follow RSBS Tag
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 1532072
[Title] => Active military members to get full refund of contributions – RSBS
[Summary] => The Armed Forces of the Philippines Retirement and Separation Benefits System (RSBS), awaiting an official order of deactivation, assured all its 130,000-strong active military members of full refund of their contributions.
[DatePublished] => 2015-12-12 09:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1805318
[AuthorName] => Jaime Laude
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[1] => Array
(
[ArticleID] => 704557
[Title] => RSBS wants retirement age raised to 58
[Summary] => The armed forces’ Retirement and Separation Benefits System (RSBS) wants the military’s compulsory retirement age raised to 58 from 56 in line with efforts to reduce and manage the government’s pension arrears.
[DatePublished] => 2011-07-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805309
[AuthorName] => Alexis Romero
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[2] => Array
(
[ArticleID] => 699830
[Title] => 'Civilians should run new AFP pension body'
[Summary] => A new pension body that will replace the military’s Retirement and Separation Benefits System should be managed by civilian financial experts rather than soldiers to ensure that its funds are handled efficiently, an RSBS official said yesterday.
[DatePublished] => 2011-06-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805309
[AuthorName] => Alexis Romero
[SectionName] => Metro
[SectionUrl] => metro
[URL] =>
)
[3] => Array
(
[ArticleID] => 693139
[Title] => AFP completes draft bill on pension reforms
[Summary] => The military’s Retirement and Separation Benefits System (RSBS) has completed a draft bill that aims to reform the armed forces’ retirement scheme and to address the government’s growing pension arrears.
[DatePublished] => 2011-06-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805309
[AuthorName] => Alexis Romero
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[4] => Array
(
[ArticleID] => 436675
[Title] => Department of National Defense chief wants RSBS abolished
[Summary] => MANILA, Philippines -- Defense Secretary Gilbert Teodoro is set to ask Congress to abolish the Retirement and Separation Benefits System (RSBS) of the Armed Forces of the Philippines (AFP).
[DatePublished] => 2009-02-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1371238
[AuthorName] => James Mananghaya
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[5] => Array
(
[ArticleID] => 4725
[Title] => Ombudsman files raps vs AFP retirement execs
[Summary] =>
[DatePublished] => 2007-07-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1735838
[AuthorName] => Sandy Araneta
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[6] => Array
(
[ArticleID] => 376857
[Title] => Palace vows to set up better military pension fund
[Summary] =>
Malacañang yesterday assured that the government would set up a better pension fund for retired military personnel after President Arroyo ordered the deactivation of the Armed Forces of the Philippines Retirement and Separation Benefits System (AFP-RSBS) by yearend after years of mismanagement and financial difficulties.
Executive Secretary Eduardo Ermita said Executive Order 590, issued by Mrs. Arroyo earlier this month directs the transfer of the AFP-RSBS assets in trust to a government financial institution while a new pension fund is set up.
[DatePublished] => 2006-12-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805432
[AuthorName] => Paolo Romero
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[7] => Array
(
[ArticleID] => 365022
[Title] => DBP won’t manage P11-B assets of AFP-RSBS after all
[Summary] =>
The Development Bank of the Philippines (DBP) denied it has agreed to manage the P11-billion assets of the bankrupt pension fund of the Armed Forces of the Philippines (AFP).
Last week, AFP Chief of Staff Gen. Hermogenes Esperon Jr. announced that DBP has been chosen as the trustee of the AFP Retirement Savings and Benefit System (RSBS) assets, majority of which are in real estate and related undertakings.
However, in an interview, DBP president and chief executive officer Reynaldo David refuted Esperon’s claim.
[DatePublished] => 2006-10-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1480108
[AuthorName] => Ma. Elisa Osorio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 363284
[Title] => RSBS assets down to P9 B — AFP chief
[Summary] =>
Armed Forces chief Gen. Hermogenes Esperon Jr. assured soldiers that the bankrupt military pension fund Retirement and Separation Benefits System (RSBS) has remaining actual assets worth P9 billion, enough to refund the contribution of members.
Esperon said the actual value of the remaining assets of the troubled pension fund is about P9 billion and it is enough to pay the soldiers their contributions plus a six percent interest estimated to be worth P7 billion, until a new pension system is established for soldiers.
[DatePublished] => 2006-10-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[9] => Array
(
[ArticleID] => 362212
[Title] => RSBS funds dropped by over P4 billion in past 7 years
[Summary] =>
The controversial military retirement and pension fund, which is about to be dismantled, lost over P4 billion in the past seven years while its net income plunged 94 percent from 2004 to 2005.
Data from the Retirement and Separation Benefits System (RSBS), which was released by the Armed Forces of the Philippines (AFP) Public Information Office, showed that its unaudited net profit in 2005 was only P14.16 million, which is way below the P223.98 million profits posted the previous year.
[DatePublished] => 2006-10-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1371238
[AuthorName] => James Mananghaya
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
RSBS
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 1532072
[Title] => Active military members to get full refund of contributions – RSBS
[Summary] => The Armed Forces of the Philippines Retirement and Separation Benefits System (RSBS), awaiting an official order of deactivation, assured all its 130,000-strong active military members of full refund of their contributions.
[DatePublished] => 2015-12-12 09:00:00
[ColumnID] => 0
[Focus] => 0
[AuthorID] => 1805318
[AuthorName] => Jaime Laude
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[1] => Array
(
[ArticleID] => 704557
[Title] => RSBS wants retirement age raised to 58
[Summary] => The armed forces’ Retirement and Separation Benefits System (RSBS) wants the military’s compulsory retirement age raised to 58 from 56 in line with efforts to reduce and manage the government’s pension arrears.
[DatePublished] => 2011-07-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805309
[AuthorName] => Alexis Romero
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[2] => Array
(
[ArticleID] => 699830
[Title] => 'Civilians should run new AFP pension body'
[Summary] => A new pension body that will replace the military’s Retirement and Separation Benefits System should be managed by civilian financial experts rather than soldiers to ensure that its funds are handled efficiently, an RSBS official said yesterday.
[DatePublished] => 2011-06-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805309
[AuthorName] => Alexis Romero
[SectionName] => Metro
[SectionUrl] => metro
[URL] =>
)
[3] => Array
(
[ArticleID] => 693139
[Title] => AFP completes draft bill on pension reforms
[Summary] => The military’s Retirement and Separation Benefits System (RSBS) has completed a draft bill that aims to reform the armed forces’ retirement scheme and to address the government’s growing pension arrears.
[DatePublished] => 2011-06-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805309
[AuthorName] => Alexis Romero
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[4] => Array
(
[ArticleID] => 436675
[Title] => Department of National Defense chief wants RSBS abolished
[Summary] => MANILA, Philippines -- Defense Secretary Gilbert Teodoro is set to ask Congress to abolish the Retirement and Separation Benefits System (RSBS) of the Armed Forces of the Philippines (AFP).
[DatePublished] => 2009-02-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1371238
[AuthorName] => James Mananghaya
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[5] => Array
(
[ArticleID] => 4725
[Title] => Ombudsman files raps vs AFP retirement execs
[Summary] =>
[DatePublished] => 2007-07-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1735838
[AuthorName] => Sandy Araneta
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[6] => Array
(
[ArticleID] => 376857
[Title] => Palace vows to set up better military pension fund
[Summary] =>
Malacañang yesterday assured that the government would set up a better pension fund for retired military personnel after President Arroyo ordered the deactivation of the Armed Forces of the Philippines Retirement and Separation Benefits System (AFP-RSBS) by yearend after years of mismanagement and financial difficulties.
Executive Secretary Eduardo Ermita said Executive Order 590, issued by Mrs. Arroyo earlier this month directs the transfer of the AFP-RSBS assets in trust to a government financial institution while a new pension fund is set up.
[DatePublished] => 2006-12-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1805432
[AuthorName] => Paolo Romero
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[7] => Array
(
[ArticleID] => 365022
[Title] => DBP won’t manage P11-B assets of AFP-RSBS after all
[Summary] =>
The Development Bank of the Philippines (DBP) denied it has agreed to manage the P11-billion assets of the bankrupt pension fund of the Armed Forces of the Philippines (AFP).
Last week, AFP Chief of Staff Gen. Hermogenes Esperon Jr. announced that DBP has been chosen as the trustee of the AFP Retirement Savings and Benefit System (RSBS) assets, majority of which are in real estate and related undertakings.
However, in an interview, DBP president and chief executive officer Reynaldo David refuted Esperon’s claim.
[DatePublished] => 2006-10-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1480108
[AuthorName] => Ma. Elisa Osorio
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 363284
[Title] => RSBS assets down to P9 B — AFP chief
[Summary] =>
Armed Forces chief Gen. Hermogenes Esperon Jr. assured soldiers that the bankrupt military pension fund Retirement and Separation Benefits System (RSBS) has remaining actual assets worth P9 billion, enough to refund the contribution of members.
Esperon said the actual value of the remaining assets of the troubled pension fund is about P9 billion and it is enough to pay the soldiers their contributions plus a six percent interest estimated to be worth P7 billion, until a new pension system is established for soldiers.
[DatePublished] => 2006-10-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
[9] => Array
(
[ArticleID] => 362212
[Title] => RSBS funds dropped by over P4 billion in past 7 years
[Summary] =>
The controversial military retirement and pension fund, which is about to be dismantled, lost over P4 billion in the past seven years while its net income plunged 94 percent from 2004 to 2005.
Data from the Retirement and Separation Benefits System (RSBS), which was released by the Armed Forces of the Philippines (AFP) Public Information Office, showed that its unaudited net profit in 2005 was only P14.16 million, which is way below the P223.98 million profits posted the previous year.
[DatePublished] => 2006-10-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1371238
[AuthorName] => James Mananghaya
[SectionName] => Headlines
[SectionUrl] => headlines
[URL] =>
)
)
)
abtest
October 16, 2006 - 12:00am
