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

Date published: Dec 26,2019December 26, 2019

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...

GSIS slates release of cash benefit to members Jan. 6 to 31

Date published: Jan 12,2017January 12, 2017

Date Posted: January 12, 2017 State pension fund Government Service Insurance System (GSIS) has started releasing last January 6 a total amount of Php185 million in cash benefit for its members. “The total cash benefit this year is far lower than the Php848 million GSIS released last year due to the decreased net income from Php140 billion in 2014 to Php47 billion in 2015,” Officer-in-Charge and concurrent Senior Vice President for NCR Operations Nora Malubay-Saludares said. OIC Saludares added that GSIS’s income was affected by the decline in the Philippine stock market in 2015.