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Messy and suffering from financial haemorrhage due to faulty investments. That was the Government Service Insurance System (GSIS) three years ago. Barely two years after, thanks to the reformist-administration headed by chairman Daniel Lacson Jr.  and president and general manager Robert Vergara, the ailing state-owned fund is out of sick bay and now financially sound. In 2011, it posted a whopping total comprehensive income of P74.09 billion.

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PAZ MEMORIAL SEVICES

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                    [Title] => GSIS reforms bring benefits to members
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Messy and suffering from financial haemorrhage due to faulty investments. That was the Government Service Insurance System (GSIS) three years ago. Barely two years after, thanks to the reformist-administration headed by chairman Daniel Lacson Jr.  and president and general manager Robert Vergara, the ailing state-owned fund is out of sick bay and now financially sound. In 2011, it posted a whopping total comprehensive income of P74.09 billion.

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abtest

GSIS reforms bring benefits to members

February 23, 2013 - 12:00am

Messy and suffering from financial haemorrhage due to faulty investments. That was the Government Service Insurance System (GSIS) three years ago. Barely two years after, thanks to the reformist-administration headed...

Letters to the Editor