The Government Service Insurance System (GSIS) board of trustees said Tuesday that all services and programs remain uninterrupted, despite the preventive suspension of several officials by the Office of the Ombudsman.
GSIS said in a statement its board acted promptly to ensure business-as-usual across all services and core operations. “All programs, member transactions, and benefits delivery remain fully operational and uninterrupted,” it said.
The Ombudsman earlier ordered the immediate suspension without pay of GSIS president and general-manager Jose Arnulfo Veloso and other officials amid an investigation into the pension fund’s P1.45-billion investment in redeemable preferred shares (RPS) in Alternergy in 2023.
The GSIS board designated Juliet Bautista, executive vice president for support services, as officer-in-charge (OIC) during a special board meeting Monday.
Bautista will temporarily assume the responsibilities of president and general manager to provide steady leadership and assure continued service to all members and pensioners.
