7/23/2019 GSIS Explanation

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2ndSlide - Introduction

- The Government Service Insurance System created byCommonwealth Act No. 18

- GSIS and SSS

!rdSlide - "b#ective and Sco$e

%thSlide & '(ectivity

A$$roved on )ay !*+ 1,,1 days a/ter it becomes e(ective 0une 2+ 1,,

th

Slide & Coverae

- 'm$loyer The national overnment+ its $oliticalsubdivisions+ branches+ aencies or instrumentalities+includin overnment-owned or controlled cor$orations+ and3nancial institutions with oriinal charters+ the constitutionalcommissions and the #udiciary4

- 'm$loyee or )ember Any $erson+ receivincom$ensation while in the service o/ an em$loyer as de3nedherein+ whether by election or a$$ointment+ irres$ective o/status o/ a$$ointment+ includin baranay and sanunian

o5cials4

- S'CTI"N !6 C")79SA:; & obliatory+ mandatory+ essentialre