Manila, Nov. 12 -- The Government Service Insurance System (GSIS) posted PHP123 billion in net income in the first nine months of 2026, up 14 percent year on year, strengthening its financial position to sustain pension benefits and expand access to affordable renewable energy financing.

In a news release Thursday, GSIS said its net income rose from PHP108 billion in the same period last year, while total assets reached PHP2.07 trillion as of Sept. 30, an increase of PHP140 billion from PHP1.93 trillion a year earlier.

"Our strong financial performance allows us to do more for our members and pensioners. With El Nino potentially driving up electricity consumption and household expenses, we want to mobilize our resources to make renewabl...