Government Service Insurance System

The Government Service Insurance System (GSIS) provides social security coverage to employees in the public sector. It officially started its operations on 31 May 1937 with life insurance program as its only business. and It was transformed into a more comprehensive social insurance scheme in 1951 with the addition of old-age, invalidity disability and survivorship benefits. Milestone legislation passed through the years including Republic Act (RA) 8291 otherwise known as the Government Service Insurance Act of 1997, enhanced and improved the GSIS administered social security program for government workers.

GSIS also administers the Employees' Compensation Program, which provides for work-related social security benefits for the public sector, and the General Insurance Fund, which provides non-life coverage for all properties with government insurable interest.

Membership coverage is compulsory for all government employees receiving compensation, irrespective regardless of employment status, who have not reached the compulsory retirement age of 65 at the time of election or appointment to the government service. Under RA 8291, the following are not GSIS members: Uniformed personnel of the Armed Forces of the Philippines, the Philippine National Police, the Bureau of Jail Management and Penology, and the Bureau of Fire Protection; Contractual, casual and other employees who have no employer-employee relationship, and Barangay and Sanggunian officials who are not receiving fixed monthly compensation.

As of March 2024, GSIS has a total of 2,610,338 members and pensioners broken down as follows: 2,034,319 active members and 576,019 old-age and survivorship pensioners. As of December 2023, GSIS's total assets was at Php 1.699 Trillion.

GSIS commits to:

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 financial management;
4. form and sustain enduring partnerships; and
5. uphold the highest standards of corporate governance

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.

As we create value for our stakeholders, we uphold: Professionalism Integrity Dedicated and Excellent Service