Government Non-financial

• By 2028, GSIS will be a world-class pension and insurance institution run by esteemed professionals, using digital platforms to provide excellent customer experience while contributing to nation-building.
• GSIS commits to provide social security and insurance to members and pensioners.
• GSIS aims to maximize the non-life insurance coverage of the government.
• GSIS strives to strengthen the fund through sound fund management.
• GSIS aims to form and sustain enduring partnerships.
• GSIS upholds the highest standards of corporate governance.
• As a government service institution, GSIS upholds Professionalism, Integrity, Dedicated and Excellent Service (PIDE) as its core values.
• In the Government Service Insurance System, we are committed to provide quality service to our stakeholders for all their social security benefits and non-life insurance needs.
• The design of our Quality Management System (QMS) shall consider the context and strategic direction of our organization.
• GSIS invests in the competence of its people through continued professional development.
• 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.
• GSIS insures its members against the occurrence of certain contingencies in exchange for their monthly premium contributions.
• 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)
• GSIS provides insurance coverage to government assets and properties that have government insurable interests.
• GSIS also offers compulsory third party liability (CTPL) insurance as part of its mandate to issue all forms of non-life insurance.
• GSIS offers various non-life insurance products that provide protection to both institutional and individual clients.
• The principal benefit package of the GSIS consists of compulsory and optional life insurance, retirement, separation, and Employee’s Compensation (EC) benefits.
• The Government Service Insurance System, by virtue of Republic Act 656 and as amended by Presidential Decree 245, is mandated to insure all properties, assets, and interests of the government against any insurable risk.
• The GSIS covers all government workers except for 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.
• The GSIS does not cover Barangay and Sanggunian officials who are not receiving fixed monthly compensation, and employees who do not have monthly regular hours of work and are not receiving fixed monthly compensation.
• For institutional clients, GSIS offers non-life insurance coverage such as fire, engineering, marine hull and cargo, aviation, contractor’s all risk, bonds, motor car, and personal accident.
• For individual clients, including GSIS members, pensioners and their dependents, the pension fund offers GCare Plans, an umbrella of products that include Home Shield, Auto Shield and MyShield.
• GSIS offers the following loan products to assist members with their financial needs: Multi-purpose Loan, Policy Loan, Enhanced Emergency Loan, Enhanced Pension Loan, and Pensioners Emergency Loan.
• GSIS commits to: (PMSFU)

  1.     Provide social security and insurance to members and pensioners;

  2.     Maximize the non-life insurance coverage of the government;

  3.     Strengthen the fund through sound fund management;

  4.     Form and sustain enduring partnerships; and

  5.     Uphold the highest standards of corporate governance.
• GSIS uphold: (PIDEs)

  Professionalism, Integrity, Dedicated and Excellent Service
• In the Government Service Insurance System, we are committed to provide quality service to our stakeholders for all their social security benefits and non-life insurance needs.
• The design of our QMS shall consider the context and strategic direction of our organization. Our systems and processes shall be continually evaluated and improved for effectiveness, efficiency, and compliance with legal and other regulatory requirements. We will invest in the competence of our people through continued professional development.
• GSIS is mandated 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 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). It provides insurance coverage to government assets and properties that have government insurable interests.
• The principal benefit package of the GSIS consists of compulsory and optional life insurance, retirement, separation, and Employee’s Compensation (EC) benefits.
• GSIS offers the following loan products to assist you with your financial needs: Multi-purpose Loan, Policy Loan, Enhanced Emergency Loan, Enhanced Pension Loan, and Pensioners Emergency Loan.
• The GSIS covers all government workers except for 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.
• The GSIS does not cover barangay and sanggunian officials who are not receiving fixed monthly compensation, and employees who do not have monthly regular hours of work and are not receiving fixed monthly compensation.
• The Government Service Insurance System, by virtue of Republic Act 656 and as amended by Presidential Decree 245, is mandated to insure all properties, assets, and interests of the government against any insurable risk. Thus,  GSIS offers various  non-life insurance products that provide  protection to both institutional and individual clients.

   
• For institutional clients, GSIS offers non-life insurance coverage such as fire, engineering, marine hull and cargo, aviation, contractor’s all risk, bonds, motor car, and personal accident. For individual clients, including GSIS members, pensioners and their dependents, the pension fund offers GCare Plans, an umbrella of products that include Home Shield, Auto Shield and MyShield.

   
• GSIS also offers compulsory third party liability (CTPL) insurance as part of its mandate to issue all forms of non-life insurance.
• R.A. No. 656 is a Property Insurance Law