GSIS nets P94B in 2017

Jul 21, 2018 12:50 am

THE Government Service Insurance System’s (GSIS) net income in 2017 increased by 69 percent to P94.7 billion from P56.1 billion the year before.

In a statement on Friday, the state-run pension fund credited much of the growth to the “income from financial assets, which almost doubled [to] P59.1 billion [from] P30.2 billion…in 2016.”

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