WebRepublic Act No. 8291, otherwise known as "The Government Service Insurance System Act of 1997," mandated respondent to maintain a provident fund subject to rules and regulations it may adopt. Thus: SECTION 41. Powers and Functions of the GSIS. — The GSIS shall exercise the following powers and functions: x x x x WebSection 1. Short Title. - This Act shall be known as "The Agri-Agra Reform Credit Act of 2009". Section 2. Declaration of Policy. - It is hereby declared the policy of the State to promote equal access to opportunities under an environment of sustained growth and expanding productivity as the key to raising the quality of life for all.
GSIS Definition Law Insider
WebGSIS definition. GSIS. definition. Open Split View. Cite. GSIS means the Government Service Insurance System created under Commonwealth Act Numbered One hundred … WebGSIS invokes Republic Act No. 1405 to justify the issuance of the subpoena while the banks cite Republic Act No. 6426 to oppose it. The core issue is which of the two laws should apply in the instant case. Republic Act No. 1405 was enacted in 1955. freezing face gif
GSIS–Meralco bribery case - Wikipedia
WebJun 24, 2024 · Under the present guidelines, therefore, GSIS pensioners under the Portability Law and those receiving regular pro-rata pensions are not entitled to Christmas cash gift, pension increase, and milestone benefit for … WebUnder Section 36, the GSIS is granted the ancillary power to invest in business and other ventures for the benefit of the employees, by using its excess funds for investment purposes. In the exercise of such function and power, the GSIS is allowed to assume a character similar to a private corporation. WebThe petitioner argues that it was in his power as the President and General Manager of the GSIS to impose disciplinary action on the respondent, pursuant to Section 47 of the Administrative Code of 1987; that the characterization of the respondent's act as grave misconduct was not arbitrary because the latter had intentionally passed on or caused … freezing facebook