GSIS

Ensuring the Primacy of Government Employees

The Government Service Insurance System is created by Commonwealth Act Number 186 that was passed on November 14, 1936. As a pension fund, the GSIS is mandated to provide and administer the following social security benefits for all employees of the Philippine government: compulsory life insurance, optional life insurance, retirement benefits, disability benefits for work-related contingencies and death benefits.

In addition, the GSIS is entrusted with the administration of the General Insurance Fund by virtue of R.A. 656 of the Property Insurance Law. It provides insurance coverage to assets and properties that have government insurable interests.

COVERAGE

The GSIS covers all government workers irrespective of their employment status, except:

• Members of the Judiciary and Constitutional Commissions who are covered by separated retirement laws

• Contractual employees who have no employee-employer relationship with their agencies

• Uniformed members of the Armed Forces of the Philippines and the Philippine National Police, including the Bureau of Jail Management and Penology and the Bureau of Fire Protection

BENEFITS AND SERVICES

The principal benefit package of the GSIS consists of compulsory and optional life insurance, retirement, separation and employee’s compensation benefits.

SERVICE PRIVILEGES

Active GSIS members are entitled to the following loan privileges: salary, policy, emergency and housing loans, subject to the cross-default policy of the System (CLIP).

ORGANIZATION

The governing and policy-making body of the GSIS is the Board of Trustees, the members of which are appointed by the President of the Philippines.

The GSIS workforce consists of 3,104 employees, 52% of whom are in the Head Office while the remaining 48% are in the Branches. To date, the GSIS has 15 Regional Offices, 25 Branch Offices and 18 Satellite Offices nationwide.