PAGADIAN
CITY: The Government Service Insurance System (GSIS) ranks first among GOCCs in
terms of assets and revenues, a new PIA report said.
GSIS
VP for Mindanao, Atty. Lourdes C. Dorado, said their asset is that of PhilHealth,
Pag-ibig Fund and SSS combined.
Dorado
assured that GSIS is financially sound, with premiums collected able to pay members’
and pensioners’ contingencies such as separation, disability, retirement,
survivorship and death.
Pay
your loans so that we will not be depriving others of their benefits if we fail
to pay our obligations, she said.
When
growing old and we could not work anymore; we need money to provide and sustain
our needs, and then GSIS can have the money to pay, she added.
Dorado
reported that GSIS revenues reached P96.7 billion in 2010, and just for the
period Jan-Sept. 2014, has leaped to P119.52 billion.
It
is still September and the accounting books have not been finished yet, she
boasted.
Notably,
2013 posted a fairly low income because many of those in government service
availed of the rationalization plan.
GSIS
assets including real properties, buildings, lots, investments in stocks and
bonds at present is P883.93 billion.
The
challenge at present is to attain the trillion mark and all signs show that this
can be attained, she assured.
The
GSIS now has a Citizen’s Charter, she says, where you can readily check you benefit
record, short processing time, documents and other requirements for those who
are eligible to avail of the benefits.