Senator pushes new GSIS rules

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Senate Minority Leader Aquilino Pimentel III urged the GSIS to formulate new rules that would allow elected public officials and their staff to continue paying for their pension fund contributions even after they leave public office. | MRamosINQ /PDI

“I am saddened to learn that there are so many elected officials and public servants holding temporary and coterminous status on the national and local levels who would retire without a retirement fund and pension only because they had not met the service requirement,” Pimentel said in a statement.

The senator said this “glaring disparity” between the term limits and the minimum service requirement seemed “to disregard the service rendered by elected officials and their staff.”

Source: Insurance Report (insurancereport.net)

 

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