GSIS gives free insurance to AAOs
THE Government Service Insurance System (GSIS) is giving agency authorized officers (AAOs) free personal accident insurance in recognition of their crucial role in the pension fund’s processing of members’ loan applications.
Among those entitled to this free program, which started this year, are principal AAOs and their alternates. They will remain entitled to such as long they remain legitimate AAOs of their respective agencies and registered with the GSIS. The card is renewable every year.
The AAOs certify the loan applications of employees of their respective agencies through the electronic certification system required by the GSIS, submit an agency remittance advice (ARA) to the pension fund, containing the updated data of the member including salary adjustments, change of status, and change of position, among others, in electronic remittance format. The GSIS updates the member’s GSIS records accordingly based on the ARA.
There are 16,300 registered AAOs in the country, with 8,000 already subscribed to the insurance program.
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