FIFTEENTH CONGRESS OF THE REPUBLIC) 
OF THE PHILIPPINES 
) 
First Regular Session 
) 
SENATE 
Senate Bill No. <188 
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INTRODUCED BY SEN. JINGGOY EJERCITO ESTRADA 
EXPLANATORY NOTE 
The State is mandated by the Constitution to promote and protect quality 
education that is of high academic standards, affordable education that is 
financially reachable by all sectors of the society and education that is relevant 
and responsive to the needs of the people and the society. As provided in Article 
XIV, Section I of the Constitution: 
"The State shall protect and promote the rights of all citizens to qualify education 
at all levels and shall take appropriate steps to make education accessible to all." 
T~e same constitutional mandate is always in need of sound and concrete 
legislation to implement its goal of broadening opportunities particularly in higher 
education. This proposed measure is in furtherance to the enacted laws 
strengthening such mandate by providing for a College Education Trust Fund. 
This proposed Fund shall be composed of premiums paid by the Member, 
thus, enabling the beneficiary to complete a four year or five year education. The 
proposed college education insurance plan, though optional to all Members 
regardless of civil status, can only be availed of by members who have 
completed their policy before tbe enrollment of the child despite the prevailing 
costs of such education at ctne itime of the child's enrollment. The funds are 
guarded from being used for other purposed, as it is directly paid to the school 
where the child shall enroll. By paying for the child's education at today's prices, 
he is assured of a college education for the .future. Incentives for scholars and 
enrollees of Agriculture, Fishery, Forestry, Science and Technology are also 
provided for in this proposed measure. 
College education has always been regarded as the ticket to having a 
decent job and meaningful contribution to the society. It is an invaluable and 
priceless gift a parent, grandparent, or elative can give a child. The bill, if 
enacted, shall provide the means for providing the future by doing what may be 
done at the present. The passage of this bill is earnestly urged. 
Senator 


FIFTEENTH CONGRESS OF THE REPUBLIC) 
OF THE PHILIPPINES 
) 
First Regular Session 
) 
SENATE 
Senate Bill No . .4 88 
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INTRODUCED BY SEN. JINGGOY EJERCITO ESTRADA 
AN ACT 
PROVIDING FOR A COLLEGE EDUCATION TRUST FUND FOR CHILDREN 
OF GSIS AND SSS MEMBERS 
Be it enacted by the Senate and House of Representatives of the Philippines in 
Congress assembled: 
SECTION 1. Shott Title. - This Act shall be known as the "College 
Education Trust Fund Act." 
SEC. 2. College Education Trust Fund. - There is hereby established in 
the Government Service Insurance System and the Social Security System a 
special trust fund called the "College Education Trust Fund" to ensure the college 
education of the children of the Members of both Systems. 
SEC. 3. Children Defined. - For purposes of this Act, the term "children" 
shall include the legitimate, legitimated, legally adopted or illegitimate child or 
grandchild of the Member. 
SEC. 4. Optional Coverage. - Subject to the rules and regulations 
prescribed by the Government Service Insurance System (GSIS) or the Social 
Security System (SSS), as the case may be, all Members, regardless of civil 
status, with or without a child shall have the option to insure under this Act. 
SEC. 5. Premium Payments. -The amount of premiums to be paid to the 
College Education Trust Fund by the Member shall be, in accordance with the 
schedule of payments to be provided by the System concerned taking into 
consideration the following criteria: 
, 
a) The interval of time between the effectivity of the coverage and the 
. estimated time of enrollment of the child in college; 
b) The number of monthly contributions to be made to complete the policy 
c) The benefits to be availed of as provided in Section 5 of this Act; 
d) The number of children insured under this Act; 
e) The amount of tuition and other standard fees charged by the SChool; 
and 
f) Such other factors as may be determined by the System concerned. 


SEC. 6. Educational Benefits. - Only Members who have completed the 
payment of the premium on the policy before the enrollment of the child shall be 
entitled to avail of the benefits provided for under this Act. 
The benefits shall include the payment by the System concerned of: 
a) Such school fees as may be required for enrollment in and completion 
of four or five year college course which shall include tuition fees for all subject 
officially prescribed by the school and part of the regular curriculum as requisite 
for graduation and such standard fees as may be defined by the System 
concerned in coordination with the Department of Education; 
b) Materials, books, supplies and other similar fees required by the school; 
and 
c) The board and lodging expenses that may be incurred in the pursuit of 
such education. 
The member may opt to insure any of the above or combinations thereof. 
Ttre payment shall be made by the System directly to the institution except 
for item (b) which shall only be reimbursed to the member or child. The System 
concerned shall provide for safeguards to insure the prompt payment of these 
benefits. 
SEC. 7. Incentives. - a) Should the child earn any scholarship in College 
as to exempt the System from the payment of the benefits provided for in 
paragraph (a) of the proceeding section, in whole or in part, such payments shall 
be received by the child in lieu of the school. 
b) The System concerned shall provide for incentives to enrollees of the 
following courses: Agricultural, Forestry, Fishery, Science and Technology. 
SEC. 8. Transferability of Benefits. - The benefits provided for this act 
may be transferred or assigned to another child of the same Member. 
SEC. 9. Death or Disability of Members. - The death or disability of the 
member shall not preclude the child from the availment of the benefits provided 
for in this Act. 
SEC. 10. In case of insufficiency of provisions of this Act, the SSS or GSIS 
law as the case may be shall apply in a suppletory manner. 
SEC. 11. The GSIS or SSS, as the case may be, shall promulgate the 
necessary rules and regulations for the effective implementation of the Act within 
ninety (90) days following its approval. 
SEC. 12. Saving Clause. - If, for any reason, any section or provision of 
this Act shall be held to be unconstitutional or invalid, the other sections or 
proVisions of this Act shall not be affected thereby. 
SEC. 13. Effectivity Clause. - This Act shall take effect fifteen (I 5) days 
after its publication in the Official Gazelle or in two (2) National newspapers of 
general application, whichever comes earlier. 
Approved,