Compliance with GSIS Act of 1997 (RA No. 8291)
Department of Public Works and Highways · 2024
Severity: ModerateRecommendation: Unknown
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What Happened?
Category: Financial ManagementIssue: Non-complianceOld GSIS employee contributions had not all been paid or reconciled. The agency made some payments but was still working on the remaining balances.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"However, dormant account is subject to on -going analysis and reconciliation by the Management. Reiterated in Part II under Par. No. 27.18."