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Wednesday, July 24, 2024
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HomePRESS RELEASEIn Full. LGU DSB paid P15-M Premium Arrearages and Interest to GSIS

In Full. LGU DSB paid P15-M Premium Arrearages and Interest to GSIS

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The Local Government of Don Salvador Benedicto (DSB) has fully paid the Government Service Insurance System (GSIS) its social insurance premium arrearages and interests covering the period July 1997 to December 2012 amounting to ₱15,213,588.43.

This was achieved through a Memorandum of Agreement (MOA) between GSIS and LGU DSB executed on December 29, 2022.

Former OIC-Vice President for Visayas Operations Deity U. Manampan, current OIC-Vice President for Visayas Ireen I. Dimaano, and Bacolod Branch Office Manager Cecilia C. Tenaja turned over a Certificate of Full Payment to DSB Mayor Laurence Marxlen J. Dela Cruz, Municipal Treasurer Engr. Jose Maria T. Gecosala, Mr. Ariel B. Marapo, Sangunian Secretary and Agency ERF Handler/Payroll Officer/ Liaison Officer Erick John Celeste.

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Also present were Leilani B. Mangabat, Division Chief of Billing Collection and Reconciliation Division; Melanie B. Balbuena, Staff Officer III; and Rhandale M. Alojado of Billing and Collection Unit (BCU).

“Settlement of the social insurance premium arrearages is beneficial to the agency’s employees for it affects their future retirement and life insurance benefits,” stressed OIC-VP Manampan and OIC-VP Ireen I. Dimaano.

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DNX News Desk
DNX News Desk
Pioneer digital-first news and information source based in Bacolod City, Negros Occidental province. We are committed to providing high-quality journalism to our audience.
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