services and to
participate in more
inclusive local planning,
budgeting, and
implementation.149
Government Service
Insurance System
(GSIS)
This is a compulsory,
contributory pension
and insurance scheme
for all government
employees, except for
those covered by
separate retirement
schemes, such as
members of the
judiciary, the armed
forces, and the police.
The program is
primarily a retirement
fund but also provides a
range of other
insurances (life and
disability) and access to
savings, borrowing, and
investment products.152
allocations. It also
consists of a
stream of benefits
flowing from the
assets created and
the (largely
intangible) benefits
associated with a
greater sense of
community selfdetermination.151
Active members
are required to
remit 9% or 12%
based on their
actual monthly
salary.153
Compulsory for
all government
employees except
for the members
of the Judiciary
and
Constitutional
Commissions
covered by
separate
retirement laws,
the Armed Forces,
the PNP including
the BJMP and
BFP, and
contractual
employees who
have no
employeremployee
relationship with
their agencies.154
-Retirement
benefits (not
more than 90%
of their monthly
salary)
-Survivor
benefits
(survivors of
pensioner or
pensioner with at
least 3 years of
service)
-Funeral
benefits
-Disability
benefits
-Separation
benefits
(members who
separate from
government
service before
retirement age
with at least 3
years of service)
-Life
Insurance
(provides policy
loans and annual
dividends)
-Lending
Program
-Optional Life
148 Program Design p.53, "Social Protection Review and Assessment" by Acosta, P. Yemtsov, R. Honorati, M.
Velarde, R. and Avalos J. (2018) on behalf of International Bank for Reconstruction and Development/The
World Bank
149 What is KALAHI-CIDSS, available from https://ncddp.dswd.gov.ph/site/page/1
47
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