Question & AnswerQ&A (PRESIDENTIAL DECREE NO. 1146)
The short title is the "Revised Government Service Insurance Act of 1977."
Members are any persons compulsorily covered by the Government Service Insurance System under Section 3 of this Act, typically all permanent government employees below 60 years of age.
A dependent includes the legitimate, legally adopted, acknowledged natural or illegitimate child who is unmarried, not gainfully employed, and not over 21 years old or physically/mentally incapacitated beyond 21; the legitimate spouse dependent for support upon the member; and legitimate parent(s) wholly dependent on the member.
Contribution rates vary by salary bracket; for example, employees earning P200 or less pay 7.5% of their monthly compensation while employers contribute 10.5%. Higher salary brackets have different contribution rates as specified in Section 5.
A member remains covered under the system even after separation and is entitled to benefits accrued up to the time of separation, unless separation terms state otherwise.
A member must have at least 15 years of service, be at least 60 years old, and have been separated from the service.
The basic monthly pension is 37.5% of the revalued average monthly compensation plus 2.5% of the revalued average monthly compensation for each year of service beyond 15 years, capped at 90% of the average monthly compensation.
Employers or officers who fail or refuse to deduct and remit contributions may be fined from P1,000 to P5,000, face imprisonment from 1 to 5 years, or both, and be disqualified from public office or practicing a licensed profession.
The Government Service Insurance System (GSIS) itself, specifically the Board of Trustees or their designated hearing officers, has original and exclusive jurisdiction over disputes arising from this Act.
Members permanently totally disabled receive a basic monthly pension for life if total disability is confirmed; partial disability benefits are paid according to regulations.
The survivors receive a basic survivorship pension equal to 50% of the basic monthly pension and a dependent's pension not exceeding 50%, payable as prescribed by the System's rules.
If a pensioner receiving monthly pension is re-employed, pension payment is suspended. If re-employed before the expiration of a lump-sum pension period, the pensioner must refund the unexpired amount to the System.
A maximum of twelve percent (12%) of the yearly revenues from all sources may be disbursed for administrative and operational expenses, unless otherwise approved by the President of the Philippines.
No, benefits are exempt from attachment, garnishment, levy, or other legal processes except for obligations to the System or authorized assignment.
All employees are compulsorily covered by life insurance starting from the date of employment or renewal as provided under various conditions outlined in Section 21.