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The Government Service Insurance System ( Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a government-owned and controlled corporation (GOCC) of the Philippines. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance institution that provides a defined ...
GSIS Building. / 14.5469778°N 120.9837778°E / 14.5469778; 120.9837778. The GSIS Building is the headquarters of the Government Service Insurance System (GSIS), the corporation that handles social security of the employees of the government of the Philippines. Located in Pasay, it is also the seat of the Senate .
In the Philippines, a government-owned and controlled corporation ( GOCC ), sometimes with an "and/or", [ 1] is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
History. It started on May 11, 2008, when the Philippines' Government Service Insurance System (GSIS) accused Meralco of unlawful refusal to grant corporate access to documents despite the GSIS’ holding 4 seats in the 11-member Meralco board, amid GSIS' denial of plans to wrest control from the Lopez family.
A government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. Their legal status varies from being a part of government to stock companies with a state as a regular stockholder. There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE ...
Unemployment benefits of former government employees are sourced from the Government Service Insurance System (GSIS). Payments are equal to 50 percent of the claimant's average monthly compensation and are dispensed monthly for two to six months, depending on the claimant's length of service.
The Manila Electric Company ( PSE : MER ), also known as Meralco ( / mɜːrɑːlkoʊ /, Tagalog: [mɛˈɾalkɔ], stylized in uppercase ), is an electric power distribution company in the Philippines. It is Metro Manila 's only electric power distributor and holds the power distribution franchise for 39 cities and 72 municipalities, including ...
Winston Fiel Garcia (born May 21, 1958) is a Filipino lawyer, and corporate leader who was the general manager and president of Government Service Insurance System. He has served as the director and board member of several of the biggest institutions in the Philippines such as the Philippine Stock Exchange, San Miguel Corporation, Meralco and is currently the chairman of the Garcia-owned Cebu ...