Government service employees are the only beneficiaries of the Government Service Insurance System (GSIS), a social insurance organization. It serves as the private sector’s equivalent of the Social Security System (SSS) for wage earners of all kinds. The detailed GSIS guide to procedures, privileges, and other information is presented here since learning about…
DOF flags GSIS, SSS, PhilHealth accounting method The Department of Finance (DOF) has ordered three government social institutions (GSIs) to report their social benefit liabilities in full compliance with the Philippine Financial Reporting Standards (PFRS) 4. (SBLs). Finance Secretary Carlos G. Dominguez III revealed in a press conference on Friday, Dec. 3, that the…
