Less than two weeks after making a call for a better pension system for the country's uniformed personnel, President Ferdinand "Bongbong" Marcos Jr. said discussions were now ongoing to at least lay down the foundation for a functioning system. *President Ferdinand ‘Bongbong’ Marcos Jr. (Ali...
Finance Secretary Benjamin Diokno on Tuesday, May 30, said that it is up to the boards of directors of state pension institutions, such as the Social Security System (SSS) and Government Service Insurance System (GSIS), to invest in the proposed Maharlika Investment Fund (MIF). Finance Secretary...
The rehabilitation of the historic Manila Central Post Office should have its seed fund proceeds from fire insurance claims, Sen. Francis “Chiz” Escudero said on Wednesday, May 24. Escudero noted the Government Service Insurance System (GSIS) has already confirmed that the Manila Central Post...
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...
Finance Secretary Benjamin Diokno is addressing what he described as “the elephant in the room”, referring to the much-needed reforms in the military and uniformed personnel (MUP) pension scheme, which is taxpayer-supported and receives no contribution from the retirees themselves. During a...
Senate Minority Leader Aquilino “Koko” Pimentel III on Sunday, February 26, urged the Government Service Insurance System (GSIS) to allow elected officials and their staff to continue remitting voluntary contributions equivalent to 15 years so they can also qualify for a pension...
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...
Public school teachers may receive more benefits, such as free medical check up and legal advice, Vice President and Education Secretary Sara Duterte said on Monday, Feb. 13. Vice President Sara Duterte is the guest speaker during the Kalinga 28th founding anniversary and 4th Bodong Festival in...
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...
Malacañang has announced more officials appointed by President Ferdinand "Bongbong" Marcos Jr. in two government agencies. Roderico Rayo Bioco takes oath of office before Executive Secretary Lucas Bersamin as the new acting administrator and member of the National Food Authority (NFA) Council on...
