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
World Day for Safety and Health at Work
“Safety and health at work every day!”
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 #TakePicturesVideos
Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week
Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
