THE Government Service Insurance System is implementing a reorganization that will cut the number of top executive positions in the pension fund to make it more efficient, industry sources said over the weekend.
The pension fund’s top executives would know by today who of them would no longer hold positions after the reorganization, the sources said.
The pension fund’s Web site says it has three executive vice presidents—one each for the corporate support, operations and finance groups.
It has seven senior vice presidents positions—two in the corporate support group, three in operations, and two in finance. It also has 29 vice presidents distributed across the three groups—including one under the Office of the President and General Manager.
The pension fund has 3,100 employees nationwide. It has been criticized as a result of the excessive bonuses and perks that its top executives are said to have been receiving.
The sources said the new management led by GSIS president and general manager Robert Vergara had conducted a study to implement the revamp.
They said the study found that the three EVP positions should be removed because they were redundant, and that only 13 out of the 29 VP positions should be retained.
All executive positions from vice president and up were now vacant and would be filled only once the reorganization was complete, the sources said.
They said all GSIS employees were consulted about the looming reorganization via an online survey conducted from late last month up to the first week of May.
The survey asked all employees which executives they wanted posted in the various positions. Those holding executive positions were also asked which office they preferred to hold and where thought they would be more effective. Everyone was given up to three choices.
Chairman Daniel Lacson Jr. was earlier quoted as saying policy changes and management reorganization were under way at the GSIS to provide faster and better services to its clients.
“We are flattening the structure by taking away unnecessary layers that only delay decision making and the servicing of clients,” he said. –Elaine R. Alanguilan, Manila Standard Today
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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