PH Teachers To Enjoy More GSIS Benefits

After their delinquent Government Service Insurance System (GSIS) monthly contributions be written off, the PH teachers, who are active and retired will enjoy more monetary benefits from GSIS as disclosed  by GSIS President and General Manager Robert Vergara.

DBM, GSIS, DepED, government agencies

This laudable gesture of the PH government states that P14 billion interest charges from more than P6 billion for GSIS unpaid of teachers' contributions as government share in the past 13 years will be condoned by the GSIS in a recent "historic agreement."

The three government agencies like the Department of Budget and Management (DBM), the GSIS, and the DepED  were respectively represented by Budget Secretary Florencio Abad, Education Secretary Armin Luistro and GSIS president and general manager Robert Vergara signed this agreement in Malacañang in the presence of President NoyNoy Aquino.

This memorable event took place as a part of the celebration of National Teachers' month which has kicked off September 5 to October 5, 2012.