Gov't needs to clean up GSIS mess
With growing complaints from pension fund members, mostly comprising of government retirees and active employees who continue to be milked of their hard-earned contributions in the hope that they could make use of their efforts in the future, the Government Service Insurance System ( GSIS ) continues to render disservice to its millions of members. Perhaps, it's about time that the national government should do something to dip its hands on this pension fund agency by overhauling its present set up so that it can function truly and effectively as the lone caretaker of the billions of monthly contributions collected from national and local government employees. As of late, GSIS insiders were caught taking advantage of their position by secretly funneling funds that were not supposed for them, but from those who were already dead. And who would imagine that some GSIS employees, who knew the tricks of the trade on how to deprive thousands of their benefits without even applying for