Which act created the Government Service Insurance System?

Which act created the Government Service Insurance System?

• A. Republic Act Numbered 11161
• B. Commonwealth Act Numbered 186
• C. Commonwealth Act Numbered 85
• D. Republic Act Numbered 90

Answer: (B)

The Government Service Insurance System (GSIS) was established under Commonwealth Act Numbered 186, which was enacted in 1936. This law was significant as it aimed to provide social security benefits to employees of the government, including life insurance, retirement, and other forms of social protection. The GSIS plays a crucial role in ensuring financial security for government employees in the Philippines. Commonwealth Act Numbered 186 specifically laid the groundwork for the operational framework of the GSIS, allowing it to collect contributions and manage funds efficiently to support its members. This act reflects the government's commitment to providing welfare and security to its workers, thus enhancing their well-being. The other acts listed, such as Republic Act Numbered 11161, Commonwealth Act Numbered 85, and Republic Act Numbered 90, do not pertain to the establishment of the GSIS and thus are not relevant to this question. Each of these acts addresses different areas of legislation, but none created the government social security system in the way that Commonwealth Act Numbered 186 did.

The Government Service Insurance System (GSIS) was established under Commonwealth Act Numbered 186, which was enacted in 1936. This law was significant as it aimed to provide social security benefits to employees of the government, including life insurance, retirement, and other forms of social protection. The GSIS plays a crucial role in ensuring financial security for government employees in the Philippines.

Commonwealth Act Numbered 186 specifically laid the groundwork for the operational framework of the GSIS, allowing it to collect contributions and manage funds efficiently to support its members. This act reflects the government's commitment to providing welfare and security to its workers, thus enhancing their well-being.

The other acts listed, such as Republic Act Numbered 11161, Commonwealth Act Numbered 85, and Republic Act Numbered 90, do not pertain to the establishment of the GSIS and thus are not relevant to this question. Each of these acts addresses different areas of legislation, but none created the government social security system in the way that Commonwealth Act Numbered 186 did.