This is a continuation of our previous public hearing held last October 5, 2020, on the MUP pension bills referred to this committee, which was suspended with the commitment that an actuarial study would be conducted by the Government Service Insurance System (GSIS) together with our key stakeholders, such as the Bureau of Treasury and the MUPs, among others.
Just to refresh our memory, last year and this year’s appropriations reflect the veracity of this serious financial concern, given the steep increase in the MUPs’ pension funding from P80 billion in 2020 to P120 billion under the 2021 General Appropriations Act.
Finance Secretary Carlos Dominguez III, one of the few sensible souls in the Cabinet, has proposed to prioritize the hiring of contact tracers en masse to boost efforts to stop transmission and provide jobs to stimulate the economy through spending.
Contact tracing is a key first step in addressing the COVID-19 threat. It should provide the baseline data or reference on who to test. Without it, our mass testing will be like shooting at the moon or running around like headless chickens.
Kung maipapatupad ang mungkahing ito nang maayos, maaari nating lutasin agad ang dalawang problema.
Ang bagay na ito ay nasa kamay na ng liderato ng Department of Health: Maiimplementa kaya nila ang mungkahi ni Secretary Dominguez?