The GOVERNMENT SERVICE INSURANCE SYSTEM (Filipino : Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a government-owned and controlled corporation (GOCC) of the Philippines . Created by Commonwealth Act No. 186 passed on November 14, 1936, the GSIS is mandated to provide and administer the following social security benefits for government employees: 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 RA656 of the Property Insurance Law. It provides insurance coverage to assets and properties which have government insurable interests.
It is not possible for non-government employees, self-employed or non-working persons to become members of the GSIS. Instead, they are covered by the Social Security System (SSS).
* 1 Legislation
* 1.1 Coverage * 1.2 Benefits and services
* 2 Organizational structure * 3 Old GSIS Headquarters Building
* 4 Computerization
* 4.1 Database crash * 4.2 UMID
* 5 Investments * 6 See also * 7 References * 8 External links
The GSIS covers all government workers irrespective of their employment status, except employees who have separate retirement schemes under special laws, to wit:
* Members of the Judiciary and Constitutional Commissions * 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.
Active GSIS members are entitled to the following loan privileges: consolidated, policy, and emergency loans.
The governing and policy-making body of the GSIS is the Board of
Trustees, the members of which are appointed by the
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, there are 40 branches and 78 satellite offices nationwide. It is envisioned that the System's service network will continue to increase as the institution is committed to provide branch offices in every province where there exists a minimum of 15,000 active members.
OLD GSIS HEADQUARTERS BUILDING
Government Service Insurance System
The GSIS building used to house the main office of the then Ministry of Education, Culture and Sports, and of the Office of the Ombudsman. Some of its outer rooms currently house the office of city election officers and several branches of the metropolitan trial court.
This heritage building,right behind Manila City Hall is being targeted next for demolition and in clear violation of the law on heritage. The owners have been asked by Manila City Hall when they were going to demolish this Federico Ilustre landmark.
Coconut Manila had asked James Jao, the architect and London School of Economics-trained urban planner on the plan for rescuing the built heritage structure. "This building can be gentrified into a mixed-use development . By retaining the existing structure, it can be the podi