The Government Service Insurance System (GSIS) is shifting its approach to debt relief, rolling out a modified three-month loan moratorium that replaces traditional payment skips with a lump-sum refund to provide immediate liquidity to state employees. In a statement on Wednesday, April 1, the...
State-run pension fund Government Service Insurance System (GSIS) has expanded its service channels for members and pensioners from March 30 to April 1, offering more digital and on-site options during the Holy Week period. In a statement on Saturday, March 28, GSIS said th is move aligns with...
State-run pension fund Government Service Insurance System (GSIS) is off to a strong start with its Ginhawa Solar Energy Loan (GSEL) program, racking up over 1,200 applications worth nearly ₱400 million in less than 24 hours after its launch on Wednesday, March 25. “The rollout of GSEL is our...
State-run Government Service Insurance System (GSIS) reported a net income of ₱112 billion in the first nine months of the year, exceeding its target by ₱35.4 billion, due to strong financial health and operational efficiency. In a statement, Wick Veloso, GSIS president and general manager,...
A group of education workers on Saturday, October 18, joined calls for the resignation of Government Service Insurance System (GSIS) President and General Manager Jose Arnulfo “Wick” A. Veloso over reported losses amounting to P8.8 billion and alleged questionable investments in...
Government Service Insurance System (GSIS) President and General Manager Arnulfo “Wick” Veloso defended the state-run insurer’s financial performance following an internal call rallying the recently returned chief to submit an immediate and irrevocable resignation. This comes as Veloso...
To clear up allegations surrounding its financial status following a controversial investment, the Government Service Insurance System (GSIS) reported that its net income in the first six months of 2025 jumped by more than a quarter to ₱77 billion from ₱61 billion in the same period in 2024. In...
Suspended Government Service Insurance System (GSIS) President and General Manager (PGM) Jose Arnulfo “Wick” Veloso has issued a formal statement, arguing that the preventive suspension ordered against him, along with six other executives, was merely based on bare allegations contained in an...
The Government Service Insurance System (GSIS), the state-run pension fund for public-sector workers, reported strong growth in non-life insurance operations while it opened its new Quezon City hub to better serve members and pensioners. In a statement on Monday, June 30, the GSIS disclosed that...
State-run Government Service Insurance System (GSIS) has disbursed a combined total of ₱413.4 billion, covering 1.9 million approved loan applications under its Ginhawa Flex and Ginhawa Lite programs. GSIS President and General Manager Wick Veloso reported during the pension fund’s...
The state-run Government Service Insurance System (GSIS) will release the June pension payments two days early, on Friday, June 6, instead of the usual eighth of the month. According to the GSIS, the adjusted date of release would fall on Eid’l Adha, which has been declared a regular nationwide...
State-run Government Service Insurance System (GSIS) announced a 21 percent increase in net income from operations to ₱135.7 billion in 2024, fueled by strong investment returns and robust operational performance. In a statement on Monday, Feb. 24, Wick Veloso, GSIS president and general manager,...
