State-run Government Service Insurance System (GSIS) has committed $300 million to US-based infrastructure-focused private equity firm Global Infrastructure Partners (GIP). In a statement on Monday, April 17, Wick Veloso, GSIS president and general manager, said the pension fund has signed an...
State-run Government Service Insurance System (GSIS) has released P221 billion in loans to 1.38 million active members and pensioners nationwide since January last year. Rolando Ledesma Macasaet, GSIS president and general manager said on Thursday, June 16, that of the total amount of loans granted...
State-owned Government Service Insurance System (GSIS) now accepts optional non-life insurance (ONLI) premium payments and the corresponding taxes and fees from clients online through Land Bank of the Philippines. In a statement on Monday, Feb. 20, Wick Veloso, GSIS president and general manager,...
State-run Government Service Insurance System (GSIS) warned the public to be vigilant against scammers and fraudsters posing as employees or representatives of the pension fund over the phone or the Internet. Wick Veloso, GSIS president and general manager, said they strongly advise members and...
The Government Service Insurance System (GSIS) posted a record-high P6.8 billion gross premium written (GPW) in its non-life insurance business for last year as more agencies move to secure state-owned assets, making the pension fund the country's largest non-life insurer in the country. In a...
State-run Government Service Insurance System (GSIS) announced on Thursday, Dec. 29, that the pension fund will grant educational assistance to kin of its members. Wick Veloso, GSIS president and general manager said they will release P100 million in financial aid to 10,000 qualified children of...
State-run Government Service Insurance System (GSIS) is offering a housing loan and restructuring program for home loan borrowers and installment sale for buyers of its retail housing units. In a statement, Wick Veloso, GSIS president and general manager, said the two new programs aim to assist the...
State-owned Government Service Insurance System (GSIS) said it would launch a housing program for government workers next year. In a statement, Wick Veloso, GSIS President and General Manager said the pension fund signed a memorandum of understanding (MOU) with the Department of Human Settlements...
The Government Service Insurance System (GSIS) has reminded its members and pensioners to pay their loans promptly and accurately to keep their benefits safe and secure. In a statement, Wick Veloso, GSIS president and general manager, said member-borrowers are urged to pay the correct loan...
Pensioners of the Government Service Insurance System (GSIS) and Social Security System (SSS) will receive this week their Christmas cash gifts. These amounts are composed of the 13th month pay and their regular monthly pensions for pensioners of the SSS. Meanwhile, the state pension fund for...
The Government Service Insurance System (GSIS) and Social Security System (SSS) have set aside P33 billion in Christmas cash gifts for pensioners. The two state-owned pension funds announced on Thursday, Dec. 1, that their respective yearend bonuses to about 3.7 million old-age and disability...
The Department of Finance (DOF) has vowed to resolve the complicated military and uniformed personnel (MUP) retirement and pension system that continues to take a heavy toll on the government’s yearly budget. Finance Secretary Benjamin E. Diokno said on Wednesday, Nov. 23, that the MUP pension...