GSIS opens college scholarship for members’ kin

Date Posted: April 23, 2014 EXTENDED until June 30, 2014 Government Service Insurance System (GSIS) President and General Manager Robert G. Vergara announced today that the pension fund is now accepting applications for the GSIS Scholarship Program (GSP) for Academic Year 2014-2015 until May 30, 2014. A total of 200 scholars will be selected this school year. The program provides an opportunity for children of low-income GSIS members to earn a college degree. The GSIS will shoulder up to P20,000 of the actual cost of tuition and miscellaneous fees of the selected scholar per semester. The scholars will also get...

Frequently Asked Questions (FAQs) Directors’ and Officers’ Liability Insurance (DOLI) Policy

1. What is the DOLI policy? The Directors’ and Officers’ Liability Insurance (DOLI) policy is an insurance cover designed to protect the government-owned and -controlled corporation (GOCC), government financial institution (GFI), agency, or commission – and its directors/trustees and officers – against the cost of litigation and liability in the course of performing the official acts of its governing Board and Management. 2. Why do GOCC directors/trustees and officers need the DOLI? GOCC directors/trustees and officers can be held personally liable for the actions they perform in relation to their duties in the corporation. Thus, they have to be protected...

Mga Tanong at Sagot Ukol sa GSIS Housing Restructuring Program

Ano ang unang dapat gawin sa pag-a-apply sa GSIS Housing Restructuring Program? Dapat munang mag-set ng appointment sa GSIS. Tumawag lamang sa mga sumusunod na telepono kung ang housing account ay nasa Central Office: 479-3548, 479-3583, o 479-3587. Kung ang account ay nasa handling GSIS branch office, ang mga telepono ay makikita sa Contact Us. Sa pagtawag, ang aplikante ay bibigyan ng confirmation ticket number at ng petsa ng appointment, kung kailan siya nakatakdang magtungo sa GSIS. Sinu-sino ang maaaring mag-apply sa restructuring program? Ang programa ay bukas sa mga sumusunod: (1) account na tuluy-tuloy na nababayaran (current) o dapat...

Life Endowment Policy ( LEP )

Who are members under LEP? All employees who entered government service prior to August 1, 2003 and receiving monthly compensation irrespective of employment status and who have not reached the mandatory retirement age. Members of the Judiciary and its equivalent rank and the Constitutional Commissioners who entered government service prior to and after August 1, 2003. Age bracket The type of insurance plans issued to members depends on the age nearest the member’s birthday at the time of effectivity, as follows: Age Bracket Plan of Insurance 30 years and below Endowment at 45 31 years to 40 Endowment at 55...

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