GSIS releases P3.93B in Christmas cash gifts to over 400,000 pensioners

MANILA, Philippines — The Government Service Insurance System (GSIS) announced the release on Dec. 4 of P3.92 billion worth of expanded Christmas cash gifts to over 400,000 pensioners. The beneficiaries include pro-rata and Portability Law retirees. GSIS President and General Manager Wick Veloso said on Thursday the expansion aimed to ensure that pensioners “feel valued and