Press Release
October 5, 2010

Guingona calls for immediate resolution of teachers' woes
over GSIS unjust policies

Senator Teofisto Guingona III today assailed the unjust rules initiated and employed by the former management of Government Service Insurance System (GSIS) to its members.

"For so many years, hundreds of public teachers and other government employees throughout the country have suffered and continue to suffer from the unjust policies imposed by the former management of GSIS and it is about time that we do something to end their agony," Senator Guingona said.

Public school teachers religiously remit their contributions to GSIS yet GSIS has deprived them of the benefits to which they are entitled and unduly penalize them when their contributions and loan payments are not being submitted by their employer agencies regularly. In his privileged speech, Senator Guingona mentioned, among others, the huge deductions on the maturity of their insurance policy, of being charged with unexplained premiums in arrears, of not receiving annual dividends, of GSIS failure to deduct loan payments resulting in huge interest on loans and of retirees subjected to huge deductions on their benefits.

"It is illogical and unfair that the teachers bear the burden of the negligence and incompetence of the Department of Education (DepEd) to remit the right amount of personal and government shares and the GSIS to post the premium payment and loan repayments automatically from their monthly salary," the senator said.

For this purpose, Senator Guingona proposed the immediate resolution of this issue by refunding all unwarranted deductions made by GSIS against members' benefits; immediate cancellation of the Premium-Based Policy, the Claims and Loans Interdependency Program, run after the agencies who have failed to remit the shares of their employees, and other policies introduced by the previous GSIS management which have deprived its members of the full enjoyment.

Senator Guingona also proposed to scrutinize and amend certain provisions of the GSIS law.

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