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PIA Press Release

Cotabato seeks disclosure of GSIS financial status

Koronadal City (28 October) -- The Sangguniang Panlalawigan (SP) of Cotabato province passed a resolution recently calling the Government Service Insurance System (GSIS) to divulge its financial status to the public by publishing it in the national dailies.

The resolution, introduced by Board Member Jose "Pingping" Tejada, chair of SP's committee on infrastructure, was unanimously approved by 14 of the members in their regular session.

Provincial legislators also took cognizant of an earlier resolution of SP of Dipolog which sought the support of the entire SPs all over the country calling the Senate to make a comprehensive and profound investigation on the alleged data base crash of the GSIS.

The (GSIS's) information technology project, called the Integrated Loans, Membership, Acquired Assets and Accounts Management System (ILMAAAMS), grinded to a halt on March 30, 2009 because of the unexpected crash of its data base being managed by the DB2 database management software of IBM Corporation.

The second incident occurred on April 2, 2009. To date, the GSIS has suffered eight system crashes.

North Cotabato Second District Board Member Tejada said he sponsored the resolution in his capacity as member of the pre-need organization and on behalf of all members covering the employees of both of national and local governments.

Some provincial board members also said that the IBM and GSIS' squabble is only in the newspapers and televisions, and this makes the people down below the perceive some doubts that this might be a delaying tactic of the mentioned agencies.

Tejada also explained that the GSIS and IBM's rationalizations are actually shallow and very trivial, adding that they cannot just simply blame each other's fault to show to the people that there is really a crisis in the automation system.

The Provincial Board Members suspect that the problem in data based crash might have something to do with the continuing investment program of the GSIS.

Tejada also emphasized that the GSIS is only a creation of the national government that exists through taxes of the people.

"Because of the taxpayers participation in its creation, so we should also be well informed of what is happening now in all the government owned and controlled Corporation (GOCCs) in the same manner, the states that the national government guaranties the liabilities of the GSIS to its members and to its obligations," Tejada said. (PIA12-aca) [top]

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