As the Government Service Insurance System celebrates its 88th anniversary, we honor nearly nine decades of unwavering service to government workers and pensioners nationwide.
This milestone reaffirms our core purpose: delivering Ginhawa at every stage of our members’ lives. Through policy reforms, loan programs, insurance coverage, and digital innovations, we continuously push boundaries to make government service more rewarding and secure.
GSIS achieved record financial performance in 2024, with net income reaching ₱135.7 billion—a 21% increase from the previous year. Total assets rose to ₱1.83 trillion, driven by robust investment returns and efficient operations. Our insurance business exceeded expectations, cementing GSIS’s position as the nation’s largest state insurer. These results demonstrate our financial resilience and ability to secure the fund through 2058 and beyond.
This year’s theme, “Basta Sama-Sama, Tuloy-Tuloy ang Ginhawa,” reflects our belief that progress thrives through unity and shared action. From expanding digital access to launching inclusive housing initiatives and strengthening financial protection, every achievement showcases what we accomplish together.
The GSIS 88th Anniversary Supplement celebrates transformative technologies, resilient partnerships, empowered members, and award-winning programs—a tribute to the future we’re building with integrity, innovation, and compassion.
Empowering Members Through Digitalization
GSIS leads digital transformation in public service through smart, secure, user-friendly solutions. The GSIS Touch mobile app puts essential services directly into members’ hands, featuring facial authentication that eliminates one-time passwords and branch visits—a simple face scan completes secure transactions anytime, anywhere.
By early 2025, over 3.8 million loans were processed through the app, now trusted by 1.7 million users—two-thirds of GSIS membership.
Beyond mobile, GSIS operates 40 Digital Business Centers nationwide—self-service hubs where members apply for loans, verify compliance, complete Annual Pensioners Information Revalidation (APIR), and file claims. These centers ensure members with limited technology access still receive fast, efficient service while supporting national goals to reduce red tape.
The Enterprise Architecture Project strengthens system security, streamlines processes, and prepares GSIS for future demands. This transformation builds deeper trust, increases accessibility, and ensures every interaction reflects care, competence, and commitment.
Saving Government Workers from High-Interest Lenders with Ginhawa Max Loan Buyout
Government workers trapped in high-interest loan cycles can now break free through the Government Service Insurance System’s (GSIS) enhanced Ginhawa Max Loan Buyout program. The initiative buys out expensive loans so borrowers can start fresh with lower interest rates as low as six percent per year and more manageable payment terms.
Members may borrow up to ₱5 million or 19 times their monthly salary, whichever is lower, with repayment periods up to 10 years and no service fees.
“We want to help public servants break free from the bondage of indebtedness and take confident steps toward financial security,” said GSIS President and General Manager Wick Veloso. “Our priority is to extend timely financial support and affordable repayment options to more government workers.”
The program has streamlined applications by replacing the previous Memorandum of Agreement requirement with a Letter of Intent from agency heads or designated representatives.
To apply, government employees schedule appointments via the GSIS Touch mobile app and prepare their latest pay slip and documents for loans they wish to buy out or consolidate. Applicants must have at least one posted premium payment in the last six months, no existing MPL or defaulted GSIS Financial Assistance Loans, no administrative or criminal cases, and must meet the net take-home pay requirement under the General Appropriations Act.
Ginhawa Max Loan Buyout is part of the GSIS Multi-Purpose Loan Bundle, which also includes Ginhawa Flex and Ginhawa Lite, offering financial assistance when members and pensioners need it most.
Turning dreams to reality through home ownership
Through flagship housing programs, GSIS transforms members from renters to owners.
The Lease with Option to Buy (LWOB) program lets members lease GSIS properties with ownership options—no down payment, affordable installments. In 2025, LWOB won recognition at Singapore’s GovMedia Awards as one of Asia’s most innovative government housing initiatives.
The LWOB Dashboard and Map Locator help members search available nationwide units. As of May 15, 2025, the program helped 3,360 families begin homeownership journeys with properties valued at ₱2.84 billion.
The Housing Accounts Restructuring and Condonation Program (HARCP) relieves struggling borrowers through 6% reduced interest rates, extended 10-year payment terms, 50% interest discounts for full payment, and complete penalty waivers.
HARCP relieved 1,618 borrowers by condoning ₱2.6 billion in penalties and granting ₱175 million in interest discounts, helping them avoid foreclosure and regain homeownership control.
Protecting What Matters: Stronger Coverage, Greater Trust
For three consecutive years, GSIS exceeded non-life insurance premium targets, reinforcing its role protecting public institutions, properties, and lives.
In 2024, GSIS generated ₱10.5 billion in non-life premiums, surpassing its ₱8.9 billion target. Coverage includes over 132,000 school buildings under the National Indemnity Insurance Program and personal accident insurance for DepEd personnel.
The Seal of Protection Awards recognize local government units and national agencies championing asset protection, promoting government-wide preparedness.
GSIS will launch a fully digital General Insurance Information System with Japan International Coordination Agency (JICA). This AI-enabled platform enables real-time, paperless transactions for applications, endorsements, and claims—delivering ease, transparency, and speed.
Leading with Partners: GSIS and ASEAN Social Security
On November 26, 2024, GSIS President and General Manager Wick Veloso became Chair of the ASEAN Social Security Association (ASSA), positioning GSIS as a key regional player shaping inclusive, sustainable, technology-driven social protection strategies.
The 10-member ASSA group commands combined assets of USD 1.3 trillion. Under GSIS leadership, digital transformation, climate action, and cross-border cooperation became progress pillars.
On March 21, 2025, ASSA members signed a sustainability pledge in El Nido, Palawan, committing to social inclusion, environmental stewardship, and economic resilience—signaling social security institutions’ evolution from financial stewards to Southeast Asian change agents.
Building Stronger Connections: GSIS Partners with PARE and PGEA
GSIS deepens partnerships with the Philippine Alliance of Retired Educators (PARE) and Philippine Government Employees Association (PGEA), turning member feedback into action.
In February 2025, PGM Veloso inducted new PARE officers, including GSIS Trustee Beatriz Torno, conducting dialogue to address member concerns.
GSIS and PGEA launched the GSIS-PGEA Speakers’ Bureau on May 7–8, 2025, training 27 union leaders to combat fake news and promote grassroots program understanding. An open dialogue at the PGEA national convention (GSIS Theater, May 22) emphasized feedback importance, transparency, and continuous service improvement.
These alliances keep GSIS grounded, accountable, and connected to those it serves.
