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  The State Insurance Fund (SIF) is established to provide funding support to the Employees' Compensation Program. It is generated from the employers' contributions collected by both GSIS and SSS from public and private sectors employers respectively.

      Under existing rules, a government agency, unit or office shall remit to the GSIS a monthly contribution of Php100 per employee (Board Resolution No. 02-04-235 issued on April 11, 2002). For a covered employee in the private sector, the employer shall remit to the SSS a monthly contribution of Php10 for wages earners and 0.20% of the monthly salary credit (MSC) for employees with higher MSC of P15,000.00 and over (Board Resolution NO. 06-08-70 issued on August 31, 2006).