State-run pension fund Government Service Insurance System (GSIS) has increased its funeral benefit by two-thirds to ₱50,000 from ₱30,000, providing greater financial assistance to families of deceased government workers and qualified pensioners. In a statement on Monday, July 13, GSIS said the...
The Government Service Insurance System (GSIS) expanded its Balik Ginhawa loan moratorium program to allow state workers and pensioners to claim cash refunds equivalent to up to six months of amortizations. Under the enhanced program, also known as Balik Ginhawa 2, qualified borrowers can recover...
State-run pension fund Government Service Insurance System (GSIS) has launched a new loan facility to help members reduce daily transportation costs by financing bicycles and electric mobility devices. In a statement on Monday, May 4, GSIS said it rolled out the Ginhawa Bike and E-Mobility Loan...
State-run Government Service Insurance System ’s (GSIS) financial performance posted a single-digit improvement in 2025, driven by a steady increase in its core earnings and a significant expansion in its asset base. Based on the state pension fund’s latest unaudited condensed statement of...
State-run pension fund Government Service Insurance System (GSIS) has begun releasing refunds under its Balik Ginhawa program, providing immediate financial relief to qualified members and pensioners. In a statement on Thursday, April 9, GSIS said the disbursements started last Wednesday, April 8,...
The Government Service Insurance System (GSIS) will return more than ₱19 billion to 1.37 million members and pensioners under a relief program that provides a lump-sum refund of recent loan payments rather than the traditional suspension of future collections. In a statement, GSIS said the state...
This Lenten season is an opportunity for us to reflect on the challenges we’re facing brought about by the Middle East conflict and how it will shape our daily behaviors, thoughts, and relationships. Yes, Virginia, all of us—advanced and emerging economies alike—are feeling the pain and...
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...
