MANILA, Philippines – Some P30 billion in unpaid premiums from various government agencies and units are hampering the operations of the Government Service Insurance System as well as its ability to pay out benefits.
Winston F. Garcia, GSIS president and general manager, said in an interview the amount represented unremitted or incomplete payments.
“These [arrears] stretch as far back as 10 or even 15 years ago,” Garcia said. “Their being unpaid impacts on whether GSIS members can collect [the benefits due them when the time comes].”
He explained that 30 percent of the country’s 8,000 or so local government units and other agencies owe the pension fund.
In a related development, the GSIS yesterday received from the Quezon City Hall a check for about P43 million in payment for premium arrears incurred from 1997 to 2007.
According to City Hall data, the amount represents P35 million in employer’s share, P6 million in employees’ share, and P2 million in employee compensation.
Of the total amount in arrears, P33 million or 70 percent are accounts incurred by the previous city administrations.
Also, P8 million in premiums involve casual employees who eventually became permanent.
During the ceremonial turnover of the payment at the GSIS headquarters in Pasay City, Mayor Feliciano Belmonte said the city government was paying the arrears to ensure services rendered by casual employees are considered creditable government service.
Further, the GSIS and Quezon City government formalized the sale of the pension fund’s 1.1-hectare property in Barangay Payatas for P7.6 million.
The property—Lots 1-3 and 5-8 in Block 1 and Lots 1 and 3-18 in Block 3 in La Unica Hija Subdivision, Payatas, Quezon City—was sold for P700 per square meter.
“The GSIS will be able to dispose of a property which remained idle for the past 29 years and which has no prospect of appreciating in value on account of its use as a dump site,” Garcia said.
Quezon City will use the property as an additional site for the QC Materials Recovery and Volume Reduction Facility.–Ronnel W. Domingo, Philippine Daily Inquirer
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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