Only three out of the 54 vehicles and motorized equipment owned by Gapan City in Nueva Ecija are registered with the Land Transportation Office (LTO) in 2023, the Commission on Audit (COA) said. Also, COA said that on top of non-registration, most of the vehicles and motorized equipment were not...
The Government Service Insurance System (GSIS) has earmarked P1.7 billion in emergency loans to aid its members and pensioners who have been affected by rabies and El Niño in 13 different areas across the country. According to the pension fund for government workers, more than 77,000 affected...
The Government Service Insurance System (GSIS) has rolled out a debt relief program to aid borrowers currently facing payment challenges in its housing loan program. In a statement on Wednesday, May 8, Wick Veloso, GSIS president and general manager, said that the program is designed to...
(GSIS) Members of the Makabayan bloc have filed two resolutions urging the House of Representatives to investigate, in aid of legislation, the Government Service Insurance System (GSIS) over its alleged inefficiencies and irregular investments. The group led by...
The insurance premiums of the state-run Government Service Insurance System (GSIS) jumped to 12 percent in the first quarter of 2024. The GSIS reported on Thursday, May 2, that their collected insurance premiums garnered P2.98 billion from January to March this year, which is higher than P2.65...
The Government Service Insurance System (GSIS) reported that its profit increased by a fifth in the first three months of the year, driven by global investments. Wick Veloso, GSIS president and general manager, said that the pension fund’s net income surged by 21 percent to P37 billion in first...
The Government Service Insurance System (GSIS) is encouraging pensioners to take advantage of the pension fund's online services, especially amid the extreme heat affecting the country. This announcement came after the weather bureau warned of unprecedented temperatures, reaching up to 46...
The provincial government of Mountain Province in the Cordillera Administrative Region (CAR) has exposed to risks in case of fire or other incidents its P275.4 million worth of property, plant and equipment (PPE) due to its failure to secure insurance, the Commission on Audit (COA) said. In its...
The Government Service Insurance System (GSIS) announced plans to discontinue the issuance of the Unified Multi-purpose Identification (UMID) eCard by the end of May this year. Based a memorandum signed GSIS President and General Manager Jose Arnulfo A. Veloso dated April 2, 2024, the pension...
In response to the challenges posed heavy rain and water supply problems in Zamboanga City, the Government Service Insurance System (GSIS) unveiled an emergency loan program for its members and pensioners. In a statement, the pension fund for government workers announced that it has allocated...
State-run Government Service Insurance System (GSIS), along with the Philippine National Bank (PNB) partnered with P.A. Alvarez Properties and Development Corporation (PA Properties) to help address the national housing backlog. In a statement, GSIS said the pension fund, the national bank, and the...
The Government Service Insurance System (GSIS) has improved its financial benefits for its members and pensioners, propelled by robust financial growth last year. Wick Veloso, GSIS president and general manager, said the pension fund is giving back the financial success to its members and...
