Gsis, Sss and HDMF: College of Business Education

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GSIS, SSS and HDMF

COLLEGE OF BUSINESS EDUCATION


TERMS TO REMEMBER:

COLLEGE OF BUSINESS EDUCATION


Government Service Insurance
System
GSIS is a social insurance institution that
provides a defined benefit scheme under the law. It
ensures against the occurrence of certain
contingencies in exchange for their monthly premium
contributions.
GSIS is also the administrator of the General
Insurance Fund by virtue of RA 656 (Property
Insurance Law).

COLLEGE OF BUSINESS EDUCATION


The GSIS’s Vision, Mission and
Core Values
Vision
By 2022, GSIS, a premier social insurance
institution with a passion for providing excellent service
to its members, pensioners, and other constituents, will
be in the top three defined-benefit pension fund
institutions in the ASEAN region.

COLLEGE OF BUSINESS EDUCATION


The GSIS’s Vision, Mission and Core Values

Mission
GSIS is committed to provide social security
and financial benefits to all government employees
and their qualified dependents, satisfy the non-life
insurance needs of the government, maintain and
strengthen the viability of the fund and build an
ending partnership with its stakeholders

Core Values
Professionalism, Love of Country, Integrity, Service,
Excellence, Spirituality, Innovation, Teamwork,
Mutual Respect
COLLEGE OF BUSINESS EDUCATION
Social Security System
Declaration of Policy
It is the policy of the State to establish, develop,
promote and perfect a sound and viable tax-exempt
social security system suitable to the needs of the
people throughout the Philippines which shall promote
social justice and provide meaningful protection to
members and their beneficiaries against the hazards of
disability, sickness, maternity, old page death and
other contingencies resulting in loss of income or
financial burden. Toward this end, the State shall
endeavor to extend social security protection to
workers and their beneficiaries.
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Statement of Vision and Mission
of SSS
Mission
To manage as sound and viable social security
system which shall promote social justice and provide
meaningful protection to members and their families
against the hazards of disability, sickness, maternity,
old age, death and other contingencies resulting in
loss of income or financial burden.

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Statement of Vision, Mission and Corporate Values of SSS

Vision
A viable social security institution providing
universal and equitable social protection through
world-class service.

Corporate Values
The SSS aims to institutionalize a corporate culture
that instills the core values of trust, empowerment and
teamwork.

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Pagtutulungan sa
Kinabukasan: Ikaw, Bangko,
Industria at Gobyerno
(PAGIBIG)
Or
Home Development Mutual
Fund (HDMF)
COLLEGE OF BUSINESS EDUCATION
PAGIBIG or HDMF
The birth of the Home Development
Mutual Fund (HDMF), more popularly known
as the Pag-IBIG Fund, was an answer to the
need for a national savings program and an
affordable shelter financing for the Filipino
worker.

COLLEGE OF BUSINESS EDUCATION


PAGIBIG or HDMF

Over the years, it initiated more programs


and projects, particularly those that address the
needs of members belonging to the bottom
economic level. The Fund has established
special housing partnerships with teachers and
uniformed men, among others.

Pag-IBIG will have more funds to finance


housing and short-term loans as well as
investments in government securities. Income
from these endeavors is distributed exclusively
to Pag-IBIG members in the form of dividends.
PAGIBIG’s Mission, Vision and
Corporate Values
Mission
To generate more savings from more Filipino
workers, to administer a sustainable fund with integrity,
sound financial principles and with social responsibility, and
to provide accessible funds for housing of every member.
Vision
to every Filipino worker to save with PAGIBIG fund
and to have decent shelter.
Corporate Values
The governing values that will steer the PAGIBIG
fund in pursuit of each vision include professionalism,
integrity, excellence and service.
COLLEGE OF BUSINESS EDUCATION
REFERENCES
• https://gsis.gov.ph/
• https://sss.gov.ph/
• https://pagibigfund.gov.ph/

COLLEGE OF BUSINESS EDUCATION


QUESTIONS?

COLLEGE OF BUSINESS EDUCATION

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