Article by GSIS

Date Posted: November 27, 2017
Active members of state pension fund Government Service Insurance System (GSIS) will receive their corresponding yearly cash benefits starting December 15. GSIS earmarked Php225 million for the grant of dividends this year.

Qualified to receive the cash benefits are GSIS members whose compulsory life insurance policies have been in force for at least one year as of December 31, 2016.

Holders of compulsory life insurance policies that matured in 2016 and whose agencies were suspended as of December 31, 2016 are also eligible for the benefit.

However, GSIS members whose compulsory policies lapsed in 2016 are not qualified to receive the benefit.

Those whose policies were terminated due to death, retirement, or separation, as well as those with unpaid consolidated loans or premiums for at least 12 months as of December 31, 2016, are likewise ineligible.

GSIS will automatically credit the benefits of qualified GSIS members to their GSIS eCard or unified multipurpose identification (UMID) card. Crediting of the benefit will be done by batch or cluster to maintain orderly withdrawal of proceeds.

For queries on the dividends, members may call the GSIS contact center at telephone number 847-4747 or email, This email address is being protected from spambots. You need JavaScript enabled to view it.. To get the latest information, they may visit the GSIS website, www.gsis.gov.ph, or follow the official GSIS Facebook account, @gsis.ph.

Original post from PCOO

Malacañan on Wednesday released Republic Act (RA) No. 10952 postponing this year's Barangay and Sangguniang Kabataan (SK) elections.

Signed into law by President Rodrigo Roa Duterte on October 2, 2017, RA No. 10952 has moved the Barangay and SK elections on October 23 to the second Monday of May 2018.

"Subsequent synchronized barangay and sangguniang kabataan elections shall be held on the second Monday of May 2020 and every three (3) years thereafter," the RA stated.

Further, the assumption of office of the barangay and SK officials elected under RA No. 10952 will begin at noon on June 30  following their election.

As for all incumbent barangay and SK officials, they will remain in office until the next barangay election unless sooner removed or suspended for cause.

A continuing appropriation of about P6. 09-billion will be set aside exclusively for the conduct of the Barangay and SK registration and election in May 2018.

As for the SK fund, it will be used solely for youth development and empowerment programs as provided in RA No. 10742, or the "Sangguniang Kabataan Reform Act of 2015".

RA No. 10952 also prohibited construction and maintenance of barangay-funded roads and bridges and appointment or hiring of new employees in the barangay for a period of 10 days before the date of election. (PCOO Content)

Suspension of work in government offices, both national and local, and classes in public schools at all levels, including SUCs on 21 September 2017 pursuant to Office of the President of the Philippines - Memorandum Circular No. 26 dated 19 September 2017.

 

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