AFP Retirement & Separation Benefits
The AFP Retirement and Separation Benefits System (hereinafter called “the System” or “AFPRSBS” for brevity) was created and duly organized under and by Presidential Decree P.D. No. 361, which was promulgated on December 30, 1973. The System was established as a funding mechanism to ensure the continuous payment of retirement and separation benefits due to the members of the Armed Forces of the Philippines (AFP). The System formally started its operations in 1976.
