Social Security

The Department of Trade and Industry (DTI) is studying the decision of the Energy Regulatory Commission (ERC) to declare as legal the move of Lopez led Manila Electric Company (Meralco) to collect lifeline subsidy from consumers.

THE World Bank has commended the Department of Social Welfare and Development (DSWD) for its efforts to put in place well-targeted social safety nets like the conditional cash transfer, or CCT.

The Government Service Insurance System (GSIS) has approved a P600 increase in the monthly pension of its old-age and disability pensioners.

State employees and pensioners will soon receive an early Christmas gift, Malacañang said yesterday.

OLD-AGE and disability pensioners of state-run Government Service Insurance System (GSIS) will have a pension increase starting January next year.

The United States government’s Millennium Challenge Corp. (MCC) has shortlisted five projects for possible funding under the MCC program, a Finance official said yesterday.

The Social Welfare Department is negotiating for a loan of up to P25 billion from the World Bank to support the conditional cash transfer program called Pantawid Pamilyang Pilipino.

THE World Bank would fund the Philippines’ education and health subsidies for poor families amid the global financial crisis, the Department of Social Welfare and Development (DSWD) said.

from The Daily Tribune The State pension fund Government Service Insurance System (GSIS) has said its president and general manager, Winston Garcia, filed libel suits against certain newspaper columnists last week not to “bully the media,” but rather to remind journalists that they, too, have a responsibility to bear.

by Mayen Jaymalin from The Philippine Star The country’s largest labor union warned the Government Service Insurance System (GSIS) yesterday against pouring $400 million more into overseas investments. Ernesto Herrera, Trade Union Congress of the Philippines (TUCP) secretary-general, said the global financial crisis could worsen in the coming months.

The country’s largest labor union warned the Government Service Insurance System (GSIS) yesterday against pouring $400 million more into overseas investments.

The country’s largest labor group yesterday questioned the equity stakes of the Government Service Insurance System (GSIS) in at least three Indonesian banks, which should have been invested in the country.

The Department of Labor and Employment (DOLE) justified yesterday the suspension of loans to departing overseas Filipino workers (OFWs), saying that it was necessary to stop draining government funds.

Organized labor wants an inquiry into reports that the Philippine Health Insurance Corp. (Philhealth) is nearing bankruptcy due to widespread fraudulent claims.

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The country’s largest labor group urged the Senate yesterday to adopt its own version of tax reform measures to ensure the granting of additional relief for workers nationwide.