ASEAN social security group names GSIS President as chair;
ASSA Summit tackles need for social security portability, innovation;
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ASSA Summit tackles need for social security portability, innovation;
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NewsTranscript
00:00The ASEAN Social Security Association, or ASA, elected Government Service Insurance System, or GSI's president and general manager,
00:08Jose Arnulfo Veloso, as its new chairperson.
00:12According to Philippine News Agency's report,
00:14Veloso will oversee the organization's initiatives to integrate social security systems and enhance service delivery throughout Southeast Asia.
00:22The Southeast Asia's social security leaders are urged to create a regional framework
00:27that allows people to carry their benefits when moving between countries.
00:32Malaysia's social security agency, Perkeso Deputy CEO Edmond Chong Pek Huang,
00:37stated ASEAN should lead the world in social protection that transcends borders.
00:42Furthermore, the Government Service Insurance System, or GSIS,
00:46said the $1.3 trillion collected assets of the ASEAN Social Security Association members
00:52significantly shape global capital markets, highlighting the financial strength,
00:56and underscored the agency's influential role in shaping global economic trends.