The Government Service Insurance System saw its net income rise by 27.8 percent to P94.75 billion in the first six months, according to Philstar Biz.
The state pension fund for government employees said the strong performance sets it on track to remain financially sustainable until 2058. Officials attributed the earnings growth to improved investment returns and steady contributions from members.
The result underscores the fund's resilience amid market volatility and supports its long-term ability to meet pension obligations for millions of public-sector workers and retirees.