Aquino said a signed amnesty proclamation has been submitted to the Philippine Congress for its approval, the Philippine Daily Inquirer reported.
The grant of amnesty covers all active and former personnel of the Philippine Armed Forces, as well as their supporters, who took part in the 2003 Oakwood mutiny and the 2006 Marine standoff.
It also covers the November 2007 Manila Peninsula siege and related incidents.
Aquino told reporters detained Sen. Antonio Trillanes IV would be covered by the amnesty proclamation.
When he was a Navy officer, Trillanes led a band of soldiers who took over the Oakwood Apartments in Makati City in 2003 to demand the resignation of President Gloria Macapagal-Arroyo.