1. Secretary of Labor 1. President and General and Employment Manager 2. SSS president; and 2. Eight (8) appointive members by Pres. 3. Seven (7) appointive a. One (1)from teachers members by Pres. b. Two (2) govt EE a. Three (3) from workers c. Four (4) from the group banking, finance, b. Three (3) from investment, and employers group insurance sectors d. One (1) from legal c. One (1) from the profession general public 3. Term -6 years 4. Term 3 years Function of Commission To establish a provident fund for the members for the payment of benefits to such members or their beneficiaries To settle any dispute with respect to coverage, benefits, contributions and penalties Procedure Petition duly sworn Certification against Forum Shopping Answer within 15 days from summons No Answer Default Action must first be taken by SSS Assignment to a Hearing Com/Officer Mandatory Pre-Hearing Submission of Position Paper (simultaneous) Determination of Necessity of Hearing Decision of the Commission en banc Motion for Reconsideration 15 days Appeal to CA 15 days Function of BoT Funds of the GSIS which are not needed to meet the current obligations may be invested Investments shall satisfy the requirements of liquidity, safety/security and yield in order to ensure the actuarial solvency of the funds of the GSIS To settle any dispute with respect to GSIS law Exclusivity of Benefits Whenever other laws provide similar benefits for the same contingencies covered by GSIS: 1. Member have the option to choose 2. If the benefits provided by the law are less than the GSIS GSIS shall pay the difference only. Procedure Petition duly verified Decision of the Committee on Claims Answer within 10 days from summons No Answer Decision Assignment to a Hearing Officer Preliminary Conference Submission of Affidavits Clarificatory Hearing if needed Decision of the Board Motion for Reconsideration 15 days Appeal to CA 15 days Prescription of Action SSS GSIS Ten years - SSS Office Four years Order Number 2015-005