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MANILA, Philippines — The Government Service Insurance System (GSIS) has allotted P6 billion this year as an emergency loan budget to assist members and pensioners who may be affected by calamities. The state insurance company has disclosed…
Finance Secretary Benjamin Diokno has sounded the alarm on “unsustainable” pensions for our military and other uniformed personnel (MUP), warning of an imminent fiscal collapse if reforms are not initiated soon. The MUP includes the Armed Forces…
MANILA, Philippines — Senator Aquilino “Koko” Pimentel on Sunday called for a change in the policy for availing pensions by retired local officials and their staff who did not meet the 15-year minimum service requirement of the…
MANILA, Philippines — A bill seeking to lower the optional retirement age for government workers from 60 to 56 was approved by the House of Representatives, voting viva voce, on second reading on Wednesday, January 25, 2023.…
MANILA, Philippines — A panel from the House of Representatives on Monday approved several amendments to the proposed Maharlika Investment Fund (MIF), including penal provisions that would prescribe jail time and fines for officials who violate investment…
I first got my GSIS (Government Service Insurance System) retirement pension after I turned 65 in 2017. At that time, I opted to get a five-year lump sum since I was still serving as UP Diliman chancellor…
LAPU-LAPU CITY, Philippines — The Government Service Insurance System (GSIS) has intensified its campaign to digitalize its services. Jose Arnulfo Veloso, president and general manager of GSIS, said that they were intensifying the campaign to give the…
LAPU-LAPU CITY, Philippines — The Government Service Insurance System (GSIS) has enough reserves and fund life which will last for 31 years. This was stated by GSIS President and General Manager Jose Arnulfo Veloso during his visit…
CEBU CITY, Philippines — The Commission on Audit (COA) has asked the Cebu City government to remit the P43,156,394.00 funds withheld in 2019 due to the Bureau of Internal Revenue, Government Service Insurance System (GSIS), PAG-IBIG Fund,…
CEBU CITY, Philippines — State auditors have flagged down a supposed “non-prompt and inaccurate” remittance of statutory benefits for employees of the municipality of Daanbantayan for the year 2019. In its 2019 audit report, the Commission on…
MANILA, Philippines — The chairman of the Government Service Insurance System (GSIS) on Friday revealed that the agency is planning to offer educational loans to its members amid the coronavirus disease (COVID-19) pandemic. During the joint virtual…
Government Service Insurance System (GSIS) pensioners will receive their cash three days earlier than usual in May, according to GSIS president and general manager Rolando L. Macasaet on Wednesday (April 29). Macasaet said at a Laging Handa…
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