Benchmarking the Worlds Leading Pension Funds: How Fares the Government Service Insurance System of the PhilippinesJeaneth Michelle Libis Balaba*
University of the City of Manila, Manila, National Capital Region, Philippines
- *Corresponding Author:
- Jeaneth Michelle Libis Balaba
University of the City of Manila
Manila, National Capital Region
E-mail: [email protected]
Received date: May 08, 2016; Accepted date: May 9th, 2016; Published date: May 11th, 2016
Citation: Balaba JML (2016) Benchmarking the World’s Leading Pension Funds: How Fares the Government Service Insurance System of the Philippines. Review Pub Administration Manag 4:186. doi:10.4172/2315-7844.1000186
Copyright: © 2016 Balaba JML. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
This practical research looks into the application by the government service insurance System (GSIS) of the Philippines of responsible investment strategies espoused in the delivery of social security benefits by the leading public pension funds in the world. Two of these, namely the ABP (Stichting Pensioenfonds) of The Netherlands and the California public employees’ retirement system (CalPERS) of the USA, are in focus here. This study was undertaken to highlight the performance of the GSIS Pension Fund as a business case and to evaluate the sustainability of the GSIS fund management practices vis-à-vis responsible investment strategies that have been espoused by the leading pension funds of the world.