Amendment to C.A. No. 186, as amended Re: Optional Insurance
Republic Act No. 4781, enacted on June 18, 1966, amends Section 10 of the Government Service Insurance Act (Commonwealth Act No. 186). The amendment allows members to apply for additional life and educational insurance for their minor dependents, provided they offer satisfactory evidence of insurability. Members can obtain this insurance in increments of one hundred pesos, with the full premium cost borne by them and potentially deducted from their salary if authorized. The law took effect upon its approval and was published in the Official Gazette on January 20, 1969.
Law Information
- Reference Number
- Republic Act No. 4781
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 18, 1966
REPUBLIC ACT NO. 4781
AN ACT FURTHER AMENDING COMMONWEALTH ACT NUMBERED ONE HUNDRED EIGHTY-SIX, AS AMENDED
Section ten of Commonwealth Act Numbered One hundred eighty-six, as amended, known as the Government Service Insurance Act, is hereby further amended to read as follows: acd
"SEC. 10. Optional Insurance. — Upon application to the Board and on satisfactory evidence of insurability, each member may obtain, at any time, additional life insurance and/or educational insurance of his minor dependents as he may desire, in multiple of one hundred pesos, subject to such rules and regulations as the Board may prescribe and to the provisions of Section fourteen hereof: Provided, That the full amount of the premiums on such additional life insurance and/or educational insurance shall be paid by said member, and the amount thereof may be deducted from his pay or compensation, when expressly authorized by him."
SECTION 2. This Act shall take effect upon its approval.
Approved: June 18, 1966
Published in the Official Gazette, Vol. 65, No. 3, p. 523 on January 20, 1969
Cite This Law
Amendment to C.A. No. 186, as amended Re: Optional Insurance, Republic Act No. 4781, Jun 18, 1966 (Philippines)
Amendment to C.A. No. 186, as amended Re: Optional Insurance, Republic Act No. 4781 (Phil. 1966)
Related Laws
- Amendment to C.A. No. 186 (Government Service Insurance System)Republic Act No. 660 • Jun 16, 1951 • Statutes
- Amendments to C.A. No. 186 Re: Life Insurance CoverageRepublic Act No. 3593 • Jun 22, 1963 • Statutes
- Amending C.A. No. 186 (Government Service Insurance Act)Republic Act No. 1573 • Jun 16, 1956 • Statutes
- Amendments to C.A. No. 186, as amended (GSIS Act)Republic Act No. 3096 • Jun 17, 1961 • Statutes
- Amending C.A. No. 186, as AmendedRepublic Act No. 4968 • Jun 17, 1967 • Statutes
- Amendment to C.A. No. 186 (Government Service Insurance Act)Republic Act No. 3836 • Jun 22, 1963 • Statutes
Browse More Statutes
Explore other laws in the Statutes category.
View All StatutesNeed Help Understanding This Law?
Ask our AI assistant to explain provisions, implications, or related laws.
Ask AI About This Law