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The GSIS

The GSIS is a social insurance institution created under Commonwealth Act Number 186 thatwas passed on November 14, 1!6" To secure the #uture o# all emplo$ees o# the %hilippine

&overnment, it provides and administers a pension #und that has the #ollowin& social securit$

 bene#its' compulsor$ li#e insurance, optional li#e insurance, retirement bene#its, and disabilit$ bene#its #or wor()related accidents and death bene#its"

*i(ewise, the GSIS mana&es the General Insurance +und as mandated b$ epublic Act 66 or

the %ropert$ Insurance *aw" It provides comprehensive protection to &overnment insurable

interests"

MANDATE

The GSIS is created b$ Commonwealth Act No" 186 that was passed on November 14, 1!6, and

later amended under epublic Act No" 8-1 dated .une -4, 1/"

GSIS, as desi&ned in its charter, is a social insurance institution under a de#ined bene#it scheme"

It insures its members a&ainst the occurrence o# certain contin&encies in e0chan&e #or their

monthl$ premium contributions" 

The social securit$ bene#its available #or all GSIS members are' compulsor$ li#e insurance,

optional li#e insurance, retirement bene#its, disabilit$ bene#its #or wor()related contin&encies anddeath bene#its"

In addition, the GSIS is entrusted with the administration o# the General Insurance +und b$virtue o# "A" 66 o# the %ropert$ Insurance *aw" It provides insurance covera&e to assets and

 properties that have &overnment insurable interests"

COVERAGE

The GSIS covers all &overnment wor(ers irrespective o# their emplo$ment status, e0cept'

) 2embers o# the .udiciar$ and Constitutional Commissions who are covered b$ separated

retirement laws3

) Contractual emplo$ees who have no emplo$ee)emplo$er relationship with their a&encies3

) ni#ormed members o# the Armed +orces o# the %hilippines and the %hilippine National %olice,includin& the 5ureau o# .ail 2ana&ement and %enolo&$ and the 5ureau o# +ire %rotection"

BENEFITS AND SERVICES

The principal bene#it pac(a&e o# the GSIS consists o# compulsor$ and optional li#e insurance,

retirement, separation, and emplo$ees compensation bene#its"

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SERVICE PRIVILEGES

Active GSIS members are entitled to the #ollowin& loan privile&es' salar$, polic$, emer&enc$

and housin& loans, sub7ect to the cross)de#ault polic$ o# the S$stem C*I%9"

ORGANIZATION

The &overnin& and polic$)ma(in& bod$ o# the GSIS is the 5oard o# Trustees, the members o#which are appointed b$ the %resident o# the %hilippines"

The GSIS wor(#orce consists o# !,1:4 emplo$ees, -; o# whom are in the <ead =##ice whilethe remainin& 48; are in the 5ranches" To date, the GSIS has 1 e&ional =##ices, - 5ranch

=##ices and 18 Satellite =##ices nationwide"