Podcast
Questions and Answers
What is the purpose of social security?
What is the purpose of social security?
To protect the individual and his family against the consequences of income interruption.
Name two types of social security institutions in the country.
Name two types of social security institutions in the country.
GSIS (Government Service Insurance System) and SSS (Social Security System).
What are the forerunners of social insurance mentioned in the text?
What are the forerunners of social insurance mentioned in the text?
Monasteries, religious orders, funeral and sickness-benefit societies.
Which country compelled employers to contribute to worker's provident funds in the 16th century?
Which country compelled employers to contribute to worker's provident funds in the 16th century?
What is the primary objective of life insurance benefits?
What is the primary objective of life insurance benefits?
GSIS provides ______ loans to its members.
GSIS provides ______ loans to its members.
Members can avail of ______ loans from GSIS to finance their education.
Members can avail of ______ loans from GSIS to finance their education.
The ______ pay later plan is offered by GSIS to its members.
The ______ pay later plan is offered by GSIS to its members.
GSIS membership is for ______ once a member is admitted.
GSIS membership is for ______ once a member is admitted.
______ members can also join GSIS and avail of its benefits.
______ members can also join GSIS and avail of its benefits.
GSIS provides ______ loans to its members for housing or real estate purposes.
GSIS provides ______ loans to its members for housing or real estate purposes.
To be eligible for permanent disability benefits, a member must have paid at least ______ monthly contributions.
To be eligible for permanent disability benefits, a member must have paid at least ______ monthly contributions.
GSIS offers ______ insurance policies to its members.
GSIS offers ______ insurance policies to its members.
A member must have at least ______ years of service to be eligible for retirement benefits.
A member must have at least ______ years of service to be eligible for retirement benefits.
The minimum age for a member to receive old age pension is ______ years.
The minimum age for a member to receive old age pension is ______ years.
