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....