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...
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...
