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                    [Title] => GSIS defers plan to invest $400 million left under its global investment scheme
                    [Summary] => 
MANILA,  Philippines – The Government Service Insurance System (GSIS) has put on hold its plan to invest the $400 million remaining under its $1-billion Global Investment Program (GIP) in the wake of the global financial turmoil.
                    [DatePublished] => 2009-05-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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                    [ArticleID] => 276979
                    [Title] => GSIS head cuts monthly pay
                    [Summary] => Winston Garcia, president and general manager of the Government Service Insurance System (GSIS), has cut his basic monthly salary by about P160,000, the equivalent of the gross monthly pay of 16 public school teachers.


The move was apparently in reaction to a renewed call by President Arroyo for government officials to reduce their lavish salaries and privileges. 


Yet documents obtained by The STAR show that many officials of government-owned or -controlled corporations (GOCCs) are still living the high life.


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CECIL FELEO

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                    [ArticleID] => 467605
                    [Title] => GSIS defers plan to invest $400 million left under its global investment scheme
                    [Summary] => 
MANILA,  Philippines – The Government Service Insurance System (GSIS) has put on hold its plan to invest the $400 million remaining under its $1-billion Global Investment Program (GIP) in the wake of the global financial turmoil.
                    [DatePublished] => 2009-05-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804708
                    [AuthorName] => Iris Gonzales
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                    [ArticleID] => 276979
                    [Title] => GSIS head cuts monthly pay
                    [Summary] => Winston Garcia, president and general manager of the Government Service Insurance System (GSIS), has cut his basic monthly salary by about P160,000, the equivalent of the gross monthly pay of 16 public school teachers.


The move was apparently in reaction to a renewed call by President Arroyo for government officials to reduce their lavish salaries and privileges. 


Yet documents obtained by The STAR show that many officials of government-owned or -controlled corporations (GOCCs) are still living the high life.


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abtest

GSIS defers plan to invest $400 million left under its global investment scheme

By Iris Gonzales | May 16, 2009 - 12:00am

MANILA, Philippines – The Government Service Insurance System (GSIS) has put on hold its plan to invest the $400 million remaining under its $1-billion Global Investment Program (GIP) in the wake of the global...

Business

GSIS head cuts monthly pay

May 10, 2005 - 12:00am

Winston Garcia, president and general manager of the Government Service Insurance System (GSIS), has cut his basic monthly salary by about P160,000, the equivalent of the gross monthly pay of 16 public school teachers. The...

Headlines