GSIS to release Php3.3B in Christmas cash gift to pensioners starting Dec 1

Date Posted: December 1, 2020 State pension fund Government Service Insurance System (GSIS) announced that it will start to release a total of Php3.3 billion in Christmas cash gift to a total of 330,496 old-age and disability pensioners starting December 1. “Every year, our pensioners look forward to receiving the cash gift which they call their Christmas bonus. Thus, we made sure that the cash gift will be credited to their electronic card (eCard) before Christmas this year to somehow relieve them of the additional financial expenses during the Christmas season,” GSIS President and General Manager Rolando Ledesma Macasaet said....

GSIS to release Php174 M in cash benefit to active members starting Dec. 23

Date Posted: December 26, 2019 Starting December 23, state pension fund Government Service Insurance System (GSIS) will distribute the 2018 cash benefit to its active members amounting to Php174 million. More popularly known to GSIS members as dividend, the cash benefit will be given to qualified compulsory policy holders of the GSIS life insurance program. “We will automatically credit the cash benefit of our members to their eCard or Unified Multipurpose Identification (UMID) card,” GSIS Chairman and Acting President and General Manager Rolando Ledesma Macasaet said. Entitled to the 2018 cash benefit are GSIS members whose compulsory life insurance policies...