Tag: pension fund

  • GSIS Receives $272 Million from Infrastructure Fund, Enhancing Pension Stability

    MANILA – The Government Service Insurance System (GSIS) has bolstered its pension fund with a substantial $272 million payout from the Macquarie Asia Infrastructure Fund 2 (MAIF2) as of December 30, 2024. This financial boost, equivalent to about PHP15.8 billion, comes from the sale of MAIF2’s shares in AirTrunk, a leading data center operator in…

  • GSIS Receives $272 Million from Macquarie Fund, Enhancing Pension Stability

    MANILA – The Government Service Insurance System (GSIS) has bolstered its pension fund with a substantial $272 million payout from the Macquarie Asia Infrastructure Fund 2 (MAIF2) as of December 30, 2024. This financial boost, equivalent to about PHP15.8 billion, comes from the sale of MAIF2’s shares in AirTrunk, a leading data center operator in…

  • Former SSS President Urges Pause on Contribution Rate Increases

    In a recent statement, Rolando Macasaet, the former head of the Social Security System (SSS), advocated for a temporary halt to the scheduled increases in SSS contribution rates. Macasaet, who served as SSS president from May 2023 until his resignation in October 2024 to pursue a political career with the SSS-GSIS Pensyonado party-list, emphasized the…