Gsis Law
Gsis Law
Gsis Law
CHRISTIAN TIEMPO
GSIS Mandate
Created by Commonwealth Act No. 186 and
Republic Act No. 8291 (GSIS Act of 1997)
GSIS is a social insurance institution that
provides a defined benefit scheme under the
law.
It insures its members against the occurrence of
certain contingencies in exchange for their
monthly premium contributions
GSIS Mandate
GSIS members are entitled to an array of social
security benefits, such as life insurance benefits,
separation or retirement benefits, and disability
benefits.
GSIS is also the administrator of the General
Insurance Fund by virtue of RA 656 (Property
Insurance Law)
MEMBERSHIP Coverage
The GSIS covers all government workers
except:
Members of the Judiciary and Constitutional Commissions
who are covered by separate 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.
Does not include: Barangay and Sanggunian officials who
are not receiving fixed monthly compensation
Does not include: Employees who do not have monthly
regular hours of work and are not receiving fixed monthly
compensation
BENEFITS AND SERVICES
The principal benefit package of the GSIS consists of:
Coastal Cleanup
GSIS employees have consistently volunteered in cleaning
Manila Bay of crash and rubbish. The activity aims to increase
environmental awareness, promote recycling, and gather
information for the development of environment-friendly
packaging.
THE GSIS ART COMPETITION