Tag: Government Service Insurance System (GSIS)
GSIS gets P15.8B payout from investment in Macquarie
The Government Service Insurance System (GSIS) received $272 million, roughly P15.8 billion, as dividend from the sales proceeds of shares in data center operator...
COA: Less than 1% of P2.56B assets of Bulacan State University insured
GOVERNMENT auditors have expressed concern regarding the lack of insurance coverage for Bulacan State University’s (BulSU) properties, which have a total value of P2.564...
Only half of PH Coast Guard’s assets are insured – auditors
JUST over half of the Philippine Coast Guard’s (PCG) P28.557 billion properties are covered by insurance as of yearend 2023, exposing the agency to...
GSIS multipurpose loan disbursement up 35.5% to P289B
THE Government Service Insurance System (GSIS) has disbursed P289 billion last year under its flagship loan initiatives, extending financial support to over 1.2 million...
Puerto Princesa’s separation program contrary to GSIS law, says SC
THE Supreme Court (SC) has upheld a 2023 ruling of the Commission on Audit (COA) nullifying the Early and Voluntary Separation Incentive Program (EVSIP)...
