GSIS set to release ₱12.9 million in insurance benefits to 8 government frontliners who succumbed to COVID-19

Date published: Apr 30,2020April 30, 2020

Date Posted: April 30, 2020 The Government Service Insurance System (GSIS) is set to release ₱12.9 million in life insurance benefits to the families/beneficiaries of the eight government health workers who succumbed to the COVID-19 virus. This was announced today by Rolando Ledesma Macasaet, President and General Manager of the state pension fund. “Our insurance officers are already coordinating with the bereaved families. Once the papers are duly processed, we will release the amounts without delay,” Macasaet said. “And as promised, we will be granting an additional ₱500,000 under our Bayanihan Fund for Frontliners (BFF) on top of their regular...

GSIS provides additional half-million-peso life insurance to COVID-19 gov’t frontliners

Date published: Apr 17,2020April 17, 2020

Date Posted: April 17, 2020   The Government Service Insurance System (GSIS) will provide additional life insurance coverage to a total of 27,682 frontline workers of the government nationwide who are putting their lives at risk in the fight against COVID-19. This was announced today by Rolando Ledesma Macasaet, President and General Manager of the state pension fund. “The GSIS Board of Trustees, headed by our Chairman, former Chief Justice Lucas Bersamin, recently approved the establishment of the Bayanihan Fund for Frontliners (BFF), which entitles the survivors of government frontliners who died of COVID-19 to receive an additional Php500,000 in...