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                    [ArticleID] => 96542
                    [Title] => GSIS, SSS may run short of funds by 2003
                    [Summary] => The Social Security System (SSS) and the Government Service Insurance System (GSIS) are in danger of defaulting on their obligations to their members as experts estimate that both government-owned pension funds face negative flows by 2003.


Precipitated by bad investments decisions, a government-commissioned study indicated that both the SSS and GSIS were facing potentially serious problems resulting from negative flows, including the possibility of defaulting on their contractual obligations to their members.


                    [DatePublished] => 2001-03-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
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PHILIPPINE RETIREMENT INCOME COMMISSION

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                    [ArticleID] => 96542
                    [Title] => GSIS, SSS may run short of funds by 2003
                    [Summary] => The Social Security System (SSS) and the Government Service Insurance System (GSIS) are in danger of defaulting on their obligations to their members as experts estimate that both government-owned pension funds face negative flows by 2003.


Precipitated by bad investments decisions, a government-commissioned study indicated that both the SSS and GSIS were facing potentially serious problems resulting from negative flows, including the possibility of defaulting on their contractual obligations to their members.


                    [DatePublished] => 2001-03-27 00:00:00
                    [ColumnID] => 133272
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abtest

GSIS, SSS may run short of funds by 2003

March 27, 2001 - 12:00am

The Social Security System (SSS) and the Government Service Insurance System (GSIS) are in danger of defaulting on their obligations to their members as experts estimate that both government-owned pension funds face...

Business