The Government Service Insurance System (GSIS) has announced an allocation of more than P4.3 billion in emergency loans to aid members and pensioners in 17 areas affected by El Niño. In a statement, GSIS said that 185,107 active members and old-age and disability pensioners in Negros Oriental,...
The Social Security System (SSS) is diversifying its investment portfolio by ramping up its involvement in real estate investment trusts (REITs) this year. Rolando Ledesma Macasaet, SSS president and chief executive Officer, said they are optimistic about the potential for enhanced returns as...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Monday, June 3 said two weather systems may prevail across the archipelago in the next 24 hours. PAGASA said the frontal system, a weather system formed by the convergence of warm and cold air, will bring...
4Ps Party-list Rep. Marcelino Libanan (Rep. Libanan's Facebook) House Minority Leader and 4Ps Party-list Rep. Marcelino Libanan is urging the Department of Health (DOH) to create a secure patient information sharing system among healthcare...
Branches of the state-run Social Security System (SSS) will continue to operate daily, despite the implementation of a four-day workweek for its employees. SSS President and Chief Executive Officer Rolando Ledesma Macasaet said that their headquarters in Quezon City and its corporate office in...
The Government Service Insurance System (GSIS) has assured that the introduction of a new digital ID will not affect existing users of Unified Multi-Purpose Identification (UMID) cards and eCards. In a statement on Friday, May 31, the pension fund for government workers clarified that the GSIS...
Finance Secretary Ralph G. Recto admitted the daunting challenge of digitizing the government's tax system, prompting the need to explore non-tax revenue sources for additional funding. Recto told Manila Bulletin on Tuesday, May 28, that the Marcos administration's digitalization initiatives to...
President Marcos has signed into law a measure that will provide the government an accounting of the country's natural resources. (Noel B. Pabalate; document courtesy of Malacañang) The Republic Act No. 11995 or the Philippine Ecosystem and Natural Capital Accounting System (PENCAS) law,...
The Japan International Cooperation Agency (JICA) will support the Government Service Insurance System (GSIS) in expanding the pension fund’s insurance business. In a statement, GSIS announced signing a new technical agreement with JICA as part of the Japanese government's recently launched...
The Social Security System (SSS) made transactions in Lipa, Batangas easier by localizing e-centers in Lipa Industrial Park and Lipa City Hall. SSS President and Chief Executive Officer Rolando Ledesma Macasaet said on Thursday, May 23, that they had signed an agreement between Lima Land Inc. and...
Four business establishments with P15 million unremitted employees’ contributions and penalties are set to face criminal charges. State-owned Social Security System (SSS) reported that it filed separate charges at the prosecutor’s office as a result of the nationwide Run After Contribution...
The Social Security System and Government Service Insurance System could buy the shares of Subic-Clark-Tarlac Expressway to benefit their pension funds, according to Finance Secretary Ralph G. Recto. Recto told reporters on Tuesday that the government has plans for the SCTEX including selling some...
