GSIS (Government Service Insurance System) provides retirement, life insurance, disability, survivorship and other benefits for government employees under RA 8291. It's the public-sector counterpart of SSS.
Who's covered: employees of national agencies, LGUs and GOCCs. Uniformed members of the AFP and PNP have their own retirement systems.
Contributions: 9% of monthly basic salary from the employee and 12% from the government employer. See the GSIS contribution table.
Benefits:
- Retirement (generally from age 60 with at least 15 years of service)
- Life insurance
- Separation, unemployment, disability and survivorship benefits
- Loans for members
What it means for you:
- Membership is compulsory for covered government employees
- Your pension depends on your years of service and salary — check the GSIS rules for your case