GSIS (Government Service Insurance System) provides pension, life insurance, and other benefits for PHL government employees. The government-sector counterpart to SSS (which covers private sector).
Coverage:
- Career civil servants
- Government corporation employees
- Casual + contractual government workers (limited)
Benefits:
- Old-age pension
- Disability + survivor benefits
- Life insurance (basic + optional supplementary)
- Salary loans
- Housing loans
- Educational loans
What it means for you:
- Mandatory if employed by government
- Better benefits than SSS in some categories
- Pension rates depend on years of service + final salary
- 15+ years service = stronger retirement position
- Cannot have both GSIS + SSS pension for same period (must choose)