Administration and Disbursement of Funds.
Article 187
ART. 187. Administration and Disbursement of Funds. — All revenues of the State Insurance Fund shall be kept separate and distinct from all other funds, and shall be administered and disbursed in the same manner and under the same conditions, requirements and safeguards as provided by Republic Act Numbered One Thousand One Hundred Sixty-one, as amended, and Commonwealth Act Numbered One Hundred Eighty-six, as amended, with regard to such other funds as are thereunder being paid to and/or collected by the SSS and the GSIS, respectively: Provided, That they conform with the policies, rules and regulations, decisions, orders and resolutions of the Employees Compensation Commission. All revenues of the State Insurance Fund and of the SSS and the GSIS, as the case may be, as are not needed to meet the current administrative and operational expenses under this Title shall he accumulated in a fund to be known as "Reserve Fund" which shall be used exclusively for the payment of all benefits, medical, rehabilitation and burial services under this Title, and no amount thereof shall be withdrawn or used for any other purpose. All amounts accruing to the Reserve Fund shall be deposited with any authorized depository hanks approved by the Commission, or invested in high interest securities that will mature within one (1) year.