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% |
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 |
Amount |
% Share to |
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 |
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 |
Amount |
% Share to |
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)
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