GSIS Q1 net earnings jump to P43.6B as contributions grow

THE GOVERNMENT Service Insurance System (GSIS) posted a 170% increase in net income for the first quarter amid higher revenues, driven mainly by contributions. The state pension fund’s net income stood to P43.6 billion in the period from P16.1 billion in the same period last year. This was already over 30% of its full-year profit […]