Gov't agencies awarded for fulfilling highest payments in premium insurance obligations

6/26/25, 5:04 AM
By Tracy Cabrera
GSIS FINANCIAL CENTER, Pasay City — The Government Service Insurance System (GSIS) gave recognition recently to several government agencies that made the highest payments toward long-overdue social insurance premiums, covering obligations from October 2007 to December 2024 and collected during 2024 and 2025.
GSIS Jose Arnulfo 'Wick' Veloso led the awarding which was held during the GSIS Stakeholders’ Dialogue at the Sequoia Hotel Manila Bay, where agency partners gathered to discuss updates on programs and strengthen collaboration with the pension fund.
Leading the list of top-paying agencies in the large category were Bangko Sentral ng Pilipinas (BSP), Supreme Court and Department of Education (DepEd) Taguig-Pateros (Elementary Level) while in the medium-sized agencies, those who were awarded included Development Bank of the Philippines (main office), Pag-IBIG Fund (main office) and University of the Philippines Manila (UPM).
In the small agency category, GSIS recognized the Tourism Infrastructure and Enterprise Zone Authority, DepEd Division of Pasay (high school level), DepEd Division of Muntinlupa (high school level) and Bases Conversion and Development Authority (BCDA).
According to the GSIS awarding committee, the recognition formed part of its continuing push to engage agencies in safeguarding the social insurance by stepping up and fulfilling their obligations, some of which date back more than a decade.
"That’s public service in action. By settling what’s due, they help protect the future benefits of their employees and strengthen trust in the system,” Veloso pointed out even as he discussed during the dialogue the updates on GSIS housing programs, digital initiatives, financial literacy efforts and insurance services.
