PRESIDENT ADMINISTRATIVE ORDER NO

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                    [Title] => GSIS generates P1 billion savings in 2004
                    [Summary] => The Government Service Insurance System (GSIS) has generated P1.085 billion in savings from its administrative and operating expenses last year.


Data released by the state pension fund showed that the GSIS approved a total budget of P5.983 billion for its administrative and operating expenses in 2004. However, actual GSIS expenditures reached only P4.898 billion, thus saving P1.085 billion for the fund.


                    [DatePublished] => 2005-05-11 00:00:00
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GSIS generates P1 billion savings in 2004

May 11, 2005 - 12:00am

The Government Service Insurance System (GSIS) has generated P1.085 billion in savings from its administrative and operating expenses last year. Data released by the state pension fund showed that the GSIS approved...

Headlines