The Government Service Insurance System (GSIS) has overhauled its loan penalty computation method, shifting to a simpler, more borrower-friendly system to provide financial relief to its members. In a statement, Wick Veloso, GSIS president and general manager, said the state pension fund aims to...
State-owned Government Service Insurance System (GSIS) reported record loan disbursements totaling P289 billion last year, providing financial support to over 1.2 million government employees. In a statement, Wick Veloso, GSIS president and general manager, said the strong loan releases were driven...
The Government Service Insurance System (GSIS) is giving away P1.5 million in a raffle this holiday season to thank its members and pensioners and encourage them to use the GSIS Touch mobile app. The raffle, called "GSIS Touch and Win," will be held on Dec. 17, according to a statement from...
The Government Service Insurance System (GSIS) is set to release P3.7 billion in Christmas cash gifts to eligible pensioners starting Thursday, Dec. 5, two days earlier than the regular December pension schedule, to help them prepare for the holidays. Wick Veloso, GSIS president and general...
The Government Service Insurance System (GSIS) has launched its new Multi-Purpose Loan (MPL) Lite program, designed to provide members with quick and accessible financing for unexpected expenses or temporary budget shortfalls. In a statement, the GSIS said the MPL Lite offers loans ranging from...
Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. (Mark Balmores/MANILA BULLETIN) Former Department of Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos Jr. is urging the...
State-owned Government Service Insurance System (GSIS) said it is closely monitoring typhoon-hit regions and will immediately offer loans to eligible members and pensioners once an area is declared under state of calamity. “GSIS is monitoring other areas in the Bicol Region, CALABARZON, MIMAROPA,...
State-owned Government Service Insurance System (GSIS) has allocated a near P3 billion in emergency loans to aid its members and pensioners in regions affected by recent calamities. In a statement, the pension fund for government workers said over P2.8 billion has been earmarked for...
The Government Service Insurance System (GSIS) has earmarked nearly P158 million in emergency loans to support members and pensioners affected by recent typhoons. The pension fund for government workers said in a statement that this initiative aims to assist 5,777 active members and...
The Commission on Audit (COA) has flagged the municipality of South Ubian in Tawi-Tawi for its failure to insure with the Government Service Insurance System (GSIS) its property, plant and equipment (PPE) worth P69.9 million. In its audit report, the COA said that South Ubian's failure to insure...
State-run Government Service Insurance System (GSIS) said that its Multi-Purpose Loan Flex (MPL Flex) program has provided over P208 billion in loans to nearly 800,000 members within a year of its launch. Introduced in September 2023, the MPL Flex offers government employees a flexible loan option...
The Government Service Insurance System (GSIS) has confirmed a security incident that compromised the administrator account of one of its test computers. According to the state-owned pension fund, the breach was reported on Thursday, Sept. 12, at 5:20 PM. While the extent of the breach is...
