Republic of the Philippines
HOUSE 0F REPRESENTATIVES
Quezon City, Metro Manila
NINETEENTH CONGRESS
First Regular Session
HouseBi||`N-o.      6025
Introduced by Representative Gabriel H. Bordado, Jr.
EXPI.ANATORY NOTE
Article XIV,  Section  1  of the  1987  Philippine Constitution clearly declares that
"the State shall protect and promote the rights Of all citizens to quality education at all
levels and shall take appropriate steps to make education accessible to all."
Making quality education accessible to all at all levels is key to the creation of
a more prosperous and thriving nation. And being able to secure a tertiary education
affords our citizens more opportunities to become highly competitive and successful
individuals  here  and  around  the  worid.  But  for  many  Filipinos,  college  education
remains an elusive dream.
In order to make it possible, the State should first ensure that opportunities for
higher education are made open to all. Therefore, this bill proposes to enable qualified
Social  Security  System  (SSS)  and  Government  Service  Insurance  System  (GSIS)
members  to  insure  the  tertiary  education   of  their  children  through  the   College
Education Trust Fund created under this Act, which would guarantee the completion
of a  basic four-  or five-year college  course.  Likewise,  this  bill  proposes  to  provide
incentives to scholars and enrollees of courses in agriculture, fishery, forestry. science
and technology.
Strengthening education for Filipinos would translate to easier upward mobility.
Therefore, the passage of this bill is eagerly sought.
Effi-..-I-.'L'_.--_-=Y


1      ```,I   ;,'`i-
r.®:   :i   a     .;"4
'            'm'                  i
tr`¢9:h.S¥3  Lfa¥aJ.i     L!          !r   ife    ,#'.i,:m9.F,   3r,HrfvS{ti-tr


Republic of the Philippines
HOUSE 0F REPRESENTATIVES
Quezon City, Metro Manila
NINIITEENTH CONGRESS
First Regular Session
HouseBELNo.        6025
Introduced by Representative Gabriel H. Bordado, Jr.
AN ACT ESTABLISHING A COLLEGE EDUCATION TRUST FUND FOR
CHILDREN OF GSIS AND SSS IVIEMBHRS
Be it enacted by the Senate and the House of Representatives  of the
Philippines in Congress assembled:
SECTION  1.  Short Title. This Act shall  be  known  as the "College  Education Trust
Fund Act".
SECTION  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 Members of both Systems.
SECTION  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.
SECTION 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.
SECTION 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.


.,


SECTloN. 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,  Culture  and
Sports;
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. The payment
shall be made by the System directly to the institution except for item (b) which shall
only  be  reimbursed  to  the  member child.  The  System  concerned  shall  provide  for
safeguards to insure the prompt payment of these benefits.
SECTION 7. Incentives. a) Should the child Cam any scholarships in college as to
exempt the system from the payment of the benefits provided for in paragraph (a) of
the preceding 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.
SECTION 8. Transferabilify of Benefits. The benefits provided for this act may be
transferred or assigned to another child of the same Member.
SECTION 9. Death or Disability of Member. The death or disability of the member
shall not preclude the child from the availment of the benefits provided for in this Act.
SECTION 10. Suppletory Effect. In case of insufficiency of the provisions Of this Act,
the SSS or GSIS law as the case may be, shall apply in a suppletory manner.
SECTION  11.  Implementing  Rules.  The  GSIS  or SSS,  as the  case  may be,  shall
promulgate the necessary rules and regulations for the effective implementation of this
Act within ninety (90) days following its approval.
SECTloN 13. Repealing clause. All laws, decrees, executive orders, proclamations,
and  administrative  regulations  or  parts  thereof  inconsistent  herewith  are  hereby
repealed or modified accordingly.
SECTION 14. Effectivity clause. This Act shall take effect fifteen (15) days after its
publication in the Official Gazette or in a newspaper of general circulation.
Approved,