"Good news! Those aged 40 years old and above can now receive their pension. Wow," reads Tagalog-language text overlaid on a 10-minute video shared on FacebookThe first minute of the video has the word"Preview" in its bottom-left corner and shows Philippine Finance Secretary Benjamin Diokno speaking to journalists at a press briefing.
He begins by saying:"Now the current pension system is like this, it's fully-funded by the national government." Diokno also says:"Pension can be received after 20 years of service with no minimum pensionable age, so some of them get recruited at the age of 20 so they can already retire at the age 40."