Loan releases by State-run Government Service Insurance System (GSIS), the pension fund for government workers, jumped to P151 billion in 2021, driven mainly by support to members who have reached borrowing limit and unable to pay loans. In a statement, Rolando Ledesma Macasaet, GSIS president and...
A total of P151 billion loans have been released by the Government Service Insurance System (GSIS) to over 1 million members and pensioners in 2021, GSIS President and General Manager Rolando L. Macasaet disclosed. Macasaet noted that such is a four percent increase from the prior year’s total of...
Despite uncertainties amid the pandemic, the Government Service Insurance System (GSIS) said its investment fund expanded last year on the back of “well-positioned” foreign currency denominated portfolio. Rolando Ledesma Macasaet, GSIS president and general manager, said on Friday, March 4,...
An enhanced version of the Government Service Insurance System (GSIS) mobile application or GSIS Touch was launched by the agency on Friday, Feb.25, providing members and pensioners instant access to their GSIS records using their mobile phones. GSIS GSIS President and General Manager Rolando...
Vice President and opposition leader Leni Robredo said on Monday, Feb. 21, she would increase the monthly allowance of indigent senior citizens from the national government if she wins the presidency in the upcoming polls. Presidential candidate Vice President Leni Robredo (VPLR Media Bureau)...
The Government Service Insurance System (GSIS) on Monday, Feb. 14, vowed to expedite the processing of insurance claims of government agencies whose properties have been “extensively damaged” by Super Typhoon Odette. “I have instructed our Insurance Group to help clear the debris in insured...
State-owned Government Service Insurance System (GSIS) is granting emergency loan to members and pensioners in six regions in the country that bore the brunt of Typhoon Odette. In a statement, Rolando Ledesma Macasaet, GSIS president and general manager said Friday, Jan. 14, that active members...
The Government Service Insurance System (GSIS) and Social Security System (SSS) topped the list of state-run firms in terms of income for 2020 but both also registered the largest amount of expenditures during the year that the 2019 coronavirus disease (COVID-19) pandemic hit the country, the...
Human rights lawyer Chel Diokno has called on the government to give priority to Typhoon “Odette” victims by relaxing the documentary requirements to hasten their claims for benefits and financial assistance from concerned agencies. Human rights lawyer Chel Diokno “We ask the government to be...
The Anti-Red Tape Authority (ARTA) said it has stepped in to resolve the issue on the Government Service Insurance System (GSIS) coverage of Philippine Mining Development Corporation (PMDC) employees. Government Service Insurance System (GSIS), Anti-Red Tape Authority (ARTA), and Philippine Mining...
The Department of Finance (DOF) has directed the Government Service Insurance System (GSIS) and the Land Bank of the Philippines to assist the Philippine Crop Insurance Corp. (PCIC) in managing the risks and enhancement of its investment portfolio. Finance Secretary Carlos G. Dominguez III said the...
State-run Government Service Insurance System (GSIS) said that its pensioners will start receiving their Christmas cash gifts by early next week. In a statement, Rolando Ledesma Macasaet, GSIS president and general manager, said the pension fund has allotted P3.2 billion for the 2021 Christmas...
