January-June 2011

 BENEFITS:

Retirement:RA 8291, PD 1146, RA 660, RA 1616

Life Insurance:
LEP (Maturity, Death Benefit, Accidental Death Benefit, Cash Surrender Value, Cash Dividend)
ELP (Termination Value, Death Benefit, Cash Dividend).

Survivorship:  Spouse-50% of BMP but not to exceed 50% of current Step 8 salary of an Undersecretary;  Dependent-10% of BMP per child, but not to exceed 50% of the BMP, counted from the youngest and without substitution

Disability:Temporary Total (TTD), Permanent Total (PTD), Permanent Partial (PPD)

Employees Compensation (PD 626):  Medical and/or Related Services for Injury and Sickness, Rehabilitation Services, Disability Benefits (TTD, PTD, PPD), Death and Funeral Benefits

Separation: Cash Payment of 18 BMP, Pension at 60

Unemployment (due to reorganization, merger or privatization):  monthly cash payment (50% of AMC) to be paid for a max of 6 months, depending on contributions made.

Funeral:  equivalent to P20,000, but for uniformed personnel - P10,000

PRIVILEGES:

Consoloan, Policy Loan, Emergency Loan, Optional Insurance, Non-Life Insurance, Pension Loan

Rates of Contribution

Type of Contribution

% of  Basic Monthly Salary Payable by

 

Member

Employer

Social Insurance

9.0%

12.0%

Employees Compensation

n.a.

P100 or 1%
whichever is lower

 

Membership Coverage - As of June 2011

Government Classification

Number

% Share

DepEd

576,805

41.75%

GFI

25,537

1.85%

GOCC

65,024

4.71%

Judiciary

29,620

2.14%

LGU

391,417

28.33%

Military

15,773

1.14%

NGA

277,519

20.08%

Total

1,381,695

100.00%

 

Claims Processed - January to May 31, 2011

Type of Claim

Units*

Amount

Retirement

19,665

4,717,724,848.18

Survivorship 

10,595

1,255,064,394.91

Life Claim 

40,574

1,093,425,103.94

Pension

43,481

9,040,743,733.63

Disability

N.A.

59,176,962.19

EC

3,938

24,689,441.07

 

 

 

 

Member Loans Granted - January to June 2011

Type of Loan

Amount

Number

Ave. Amt.

Consolidated Loan

 41,269,666,137

    299,805

  137,655.03

Policy – Regular

   3,893,359,717

    190,815

20,403.85

Policy – Optional

       327,123,885

     12,751

   25,654.76

Cash Advance

       842,190,000

     84,219

10,000.00

Emergency

        933,400,000

     46,670

20,000.00

Pension

    1,014,323,990

     19,693

51,761.73

Sale of Acquired Assets)

546,599,527.00

845

646,863.35

Total

48,826,663,256.00

654,798

912,338.72

Sources:  GWAPS System and HIG

 

Policies / Plans in Force - As of June 2011

Type of Policy / Plan

Number

Regular – Life Endowment Policy

698,437

Regular – Enhanced Life Policy

683,258

Optional Life Policy

82,009

Pre-Need Policy

28,481

Total

1,492,185

 

Pensioners - As of June 2011

Type of Pensioner

Number

Ave. Monthly Pension

Old-Age

219,326

8,650.02

Survivorship

114,794

2,442.08

EC (Disability & Survivorship)

3,469

1,647.96

Total

337,589

 

Source:  Membership Group

 

Premiums / Contributions  - January to May 31, 2011

Type of
Premium / Contribution

Amount

% Share to
Total Prem./Cont.

Social Insurance

25,029,293,233.53

88.53%

General Insurance

1,879,687,117.35

6.65%

EC Insurance

1,019,858,085.18

3.61%

Optional Life Insurance

341,270,684.71

1.21%

Pre-Need Insurance

2,002,988.32

0.01%

Total

28,229,782,639.02

100.00%

 

Gross Revenues - January to May 31, 2011

Type of Revenue

Amount

% Share to
Total Revenues

Revenue from Insurance

28,272,112,109.09

63.89%

Revenue from Loans

6,675,583,236.04

15.09%

Revenue from Investments

9,184,299,634.50

20.75%

Revenue from Inv. Properties

63,661,670.02

0.14%

Other Revenues

56,282,095.49

0.13%

Total

44,251,938,745.14

100.00%

 

 

Claims & Benefits Paid -January to May 31, 2011

Type of
Claim / Benefit

Amount

% Share to
Total C&B Paid

Social Insurance

16,237,655,719.75

97.73%

General Insurance

33,636,146.02

0.20%

Optional Life Insurance

237,070,695.33

1.43%

Pre-Need Insurance

80,955,133.81

0.49%

EC Insurance

24,736,208.07

0.15%

Total

16,614,053,902.98

100.00%

 

GSIS Home, Regional, Branch,  and Satellite Offices:

Offices                    Address

Home                       GSIS Bldg., Financial Center, Pasay City

Regional  (16)
Quezon City             M. Geronimo Bldg. 746 Mindanao Ave. T. Sora, Quezon City
Dagupan                  PNR Site, Mayombo District, Dagupan City, Pangasinan
Laoag                      Brgy. 23 P. Paterno St., Vintar Road, Laoag City
Tuguegarao             Carig, Tuguegarao City
Batangas                 Brgy. Alangilan, Batangas City
Naga                       Brgy. Del Rosario, Naga City
Pampanga               McArthur Highway, Sindalan, San Fernando City, Pampanga
Cebu                       Leon Kilat Street, Cebu City
Iloilo                       Corner Sto. Rosario and Zamora Sts., Iloilo City
Tacloban                 Marasbaras, Tacloban City, Leyte
Bacolod                  Araneta St., Brgy. Tangub, Bacolod City
Butuan                    Libertad, Butuan City
Cagayan De Oro     Carmen, Cagayan De Oro City
Davao                     McArthur Highway, Matina, Davao City
General Santos        Lido Bldg., Santiago Blvd., General Santos City
Zamboanga             Moret Field, Baliwasan, Zamboanga City

Branch (25)
  Bulacan                   Cabanas, KM 45, McArthur Highway, Longos, Malolos City
  Laguna                    Brgy. Biñan, Pagsanjan, Laguna
  Palawan                  National Highway, Brgy. San Miguel, Puerto Princesa City
  Baguio                    3/F EDY Bldg., Kisad Road, Baguio City
  La Union                 2/F Bugayong Bldg., Sevilla, San Fernando, La Union
  Bayombong             Dumlao Stadium, Clisoc Field, Bayombong, Nueva Vizcaya
  Cauayan                  Tagaran, Cauayan City, Isabela
  Bataan                     San Ramon Highway, Dinalupihan, Bataan
  Cabanatuan              NFA Compound, Maharlika Highway, Cabanatuan City
  Tarlac                      Urquico Oval, San Roque, Tarlac City
  Lucena                     Maharlika Highway, Iyam, Lucena City
  Legazpi                    Co Bldg., Alternate Road, Bltano, Legazpi City
  Sorsogon                 Flores St., Capitol Compound, Sorsogon City
  Bohol                       2/F CPG North Ave., Tagbilaran City
  Roxas                       Belo St., Roxas City
  Catbalogan               Mabini Ave., Catbalogan, Samar
  Maasin                     Demeterio St., Abgao, Maasin City, Southern Leyte
  Dumaguete               National Highway, Daro, Dumaguete City
  Surigao                    Yuipco Bldg., Borromeo St., Surigao City
  Iligan                        Tubod Highway, Iligan City, Lanao Del Norte
  Kidapawan              Quezon Boulevard, Kidapawan City
  Tagum                     Sobrecarey St., Tagum City
  Cotabato                 Governor Gutierrez Ave., Cotabato City
  Pagadian                  Corner F. Pajares and V. Sagun Sts., Pagadian City
  Dipolog                    Minaog, Dipolog City

 

Satellite  (18)
  Vigan, Ilocos Sur                    Candon, Ilocos Sur              Iba, Zambales
  Baler, Aurora                         Calapan, Or. Mindoro          Mamburao, Occ. Mindoro
  Boac, Marinduque                  Daet, Camarines Norte         Virac, Catanduanes
  Masbate (Masbate City)         Antique (San Jose)               Aklan (Kalibo)
  Borongan, E. Samar               Catarman, N. Samar            Ormoc (Ormoc City)
  Tandag, Surigao del Sur         Malaybalay, Bukidnon          Basilan (Isabela City)

 

GSIS BOARD OF TRUSTEES

DANIEL L. LACSON, JR.
Chairman

ROBERT G. VERGARA
Vice Chairman

Members:

MARIO J. AGUJA
KARINA C. DAVID
DANILO A. GOZO
Atty. GERALDINE MARIE B. MARTINEZ
MARIO L. RAMIREZ
ROMAN FELIPE S. REYES
GREGORIO T. YU

Atty. MARIA THERESA A. RAAGAS
Corporate Secretary

 

EXECUTIVE OFFICERS

ROBERT G. VERGARA
President & General Manager

CONSUELO D. MANANSALA
Executive Vice President – Operations Sector

BENEDICTO JOSE R. ARCINAS
Executive Vice President – Finance Sector

LEILA M. BRIAN
Executive Vice President – Corporate Support Sector

Senior Vice Presidents

HENRY RHOEL R. AGUDA  (Info. Tech. Services Group)
ROBERT M. AGUSTIN  (Membership Group)
ARNALDO C. CUASAY  (Administration Group)
MARIA FE S. DAYCO  (Actuarial & Treasury Group)
LEILA P. DE GALA  (Controller Group)
Atty. DIONISIO C. EBDANE, JR.  (SOLVIM Group)
Atty. ESTRELLA C. ELAMPARO  (GSIS Law Office)
CECIL L. FELEO  (NOLCO Group)
Atty. NORA M. SALUDARES  (Corporate Planning Group)