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[ArticleID] => 133429
[Title] => GSIS defends retirement fund plan
[Summary] => The Government Service and Insurance System (GSIS) is mandated under Republic Act 8291, its founding charter, to create early retirement program for its employees.
This was explained yesterday by Nilo Racimo, GSIS vice president for corporate affairs, following reports that the Commission on Audit (COA) has voided an early retirement plan pay scheme for GSIS employees for being "morally indefensible" because it contained more benefits that the regular government retirement plan.
[DatePublished] => 2001-09-12 00:00:00
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[ArticleID] => 133429
[Title] => GSIS defends retirement fund plan
[Summary] => The Government Service and Insurance System (GSIS) is mandated under Republic Act 8291, its founding charter, to create early retirement program for its employees.
This was explained yesterday by Nilo Racimo, GSIS vice president for corporate affairs, following reports that the Commission on Audit (COA) has voided an early retirement plan pay scheme for GSIS employees for being "morally indefensible" because it contained more benefits that the regular government retirement plan.
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abtest
September 12, 2001 - 12:00am
Recommended
Sen. Bong Go said he will closely scrutinize the government’s education budget to ensure that adequate funding is provided for school counselors and mental health personnel, as new Department of Education (DepEd) data showed that fewer than 1,000 registered guidance counselors are serving more than 45,000 schools nationwide.
1 day ago
The Marcos administration’s gross borrowings jumped by more than 75 percent in July from the previous year, driven by a surge in domestic borrowing as the government moved to plug the budget gap.
1 day ago
The country’s budget carriers are increasing seat capacity by up to 10 percent to end the year, as they look to salvage what remains of Philippine demand at a time when fares have been rising.
1 day ago
The Management Association of the Philippines is urging all government agencies and branches involved in the 2027 budget process and implementation to ensure transparency and accountability in the use of public funds.
2 days ago
A coalition of civil society organizations has flagged P735.56 billion in President Marcos’ proposed 2027 national budget as vulnerable to political intervention and insertions, raising concerns ahead of the 2028 polls.
3 days ago
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February 12, 2018
- 12:00 am
- 12:00 am
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