GSIS top execs update members, pensioners on key programs

Date Posted: March 29, 2019 Watch the interview of PGM Clint Aranas and VP for Corporate Communications Margie Jorillo at SKY Cable Bacolod’s longest-running public affairs program, TRANSPARENCY, hosted by Mr. Mike Maghari. Bacolod City. “We are here to bring our services closer to our members and pensioners.” This was the statement of Government Service Insurance System (GSIS) President and General Manager Jesus Clint Aranas before a crowd of more than 200 attendees including members, pensioners and heads of teachers and retirees’ organizations. Aranas said that the GSIS Board and Management will hold more and frequent dialogues with stakeholders “to...

GSIS seeks to increase minimum pension to P6,000

Date Posted: March 8, 2019 In a recommendation to President Rodrigo Duterte, the Government Service Insurance System (GSIS) moves to increase the minimum basic pension of its old age and disability pensioners to Php6,000 effective February this year. This will increase the GSIS minimum pension by Php1,000. “A total of 67,201 old age and disability pensioners will benefit from the proposed increase in minimum pension approved by the GSIS Board of Trustees. It should be noted that GSIS is recommending a pension hike that will not necessitate an increase in the monthly contribution of our members nor bring about adverse...

GSIS released PhP13B loan to 36K DepEd personnel

Date Posted: January 17, 2019 State pension fund Government Service Insurance System (GSIS) has released a total of PhP12.95 billion in GSIS Financial Assistance Loan (GFAL) since the program started in May 2018, benefiting 36,692 personnel of the Department of Education (DepEd). “The combined nationwide figures posted in GFAL’s first six months of implementation signify positive acceptance by our members in DepEd. We continue to encourage qualified DepEd employees to avail of GFAL to ease their burden in paying their loans,” GSIS President and General Manager Jesus Clint Aranas said. GFAL is a debt-consolidation and balance-transfer facility that seeks to...