Government Service Insurance System

Also known as GSIS

The Government Service Insurance System (GSIS) is a state-run pension fund that excels in non-life insurance premium collections, surpassing targets for the third consecutive year as of 2024. GSIS collaborates with international agencies like JICA to improve risk assessment and underwriting processes, enhancing financial resilience against natural disasters. Additionally, GSIS plays a key role in ASEAN social security initiatives, aiming to integrate sustainability into social protection frameworks across Southeast Asia.

This is an AI-generated summary based on recent coverage.
Last updated at April 26, 2025.

Recent stories about GSIS

ICC accepts various IDs for drug war victim relatives

A pre-trial chamber of the International Criminal Court (ICC) has decided to accept various types of government IDs and alternative forms of identification for relatives of drug war victims who wish to participate in proceedings against former President Rodrigo Duterte.
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PNB appoints Edwin R. Bautista as new president

Lucio Tan’s Philippine National Bank (PNB) has appointed Edwin R. Bautista, former chief of UnionBank, as its new president to succeed Florido P. Casuela effective April 29, 2025.
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GSIS allocates PHP1.5B for calamity loans

The Government Service Insurance System (GSIS) has allocated PHP1.5 billion for emergency loans to assist 62,514 affected members and pensioners in areas hit by recent calamities.
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Globe urges gov't to create official ID database for SIM verification

Globe Telecom is urging the government to establish a validated database to verify the identity of SIM card registrants amid reports of pre-registered SIM cards being sold online.
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GSIS reports 21% net income growth to P135.7B

The Government Service Insurance System (GSIS) reported a 21% increase in net income from operations last year to P135.7 billion, with total income rising by 10.29% to P326.86 billion.
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Injap Sia pledges P10M Matching Grant for PERA contributions

Edgar 'Injap' Sia II, co-founder of DragonFi Securities Inc., has pledged a P10-million Matching Grant to boost Personal Equity and Retirement Account (PERA) contributions.
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DoTr evaluates site for new transport terminal, signs SEMME agreement

The Department of Transportation (DoTr) is evaluating potential sites for an integrated transport terminal in northern Metro Manila that would connect to either the North-South Commuter Railway or the Metro Manila Subway.
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GSIS launches MPL Max to help government workers consolidate debts

The Government Service Insurance System (GSIS) has launched a loan consolidation program called MPL Max to help indebted government workers consolidate debts and reduce financial burdens.
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GSIS receives USD272M payout from MAIF2, boosting pension fund stability

The Government Service Insurance System (GSIS) received a USD272 million payout from the Macquarie Asia Infrastructure Fund 2 (MAIF2) as of December 30, 2024.
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GSIS disburses record P289B for MPL programs

The Government Service Insurance System (GSIS) announced on Saturday that it has disbursed a record P289 billion for its Multi-Purpose Loan (MPL) programs, benefiting over 1.2 million government employees nationwide.
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