PD 626 Article 177

Investment of funds.

Article 177

ART. 177. Investment of funds. — All revenues as are not needed to meet current operational expenses under this Title shall be accumulated in a fund to be known as the State Insurance Fund, which shall be used exclusively for the payment of the benefits under this Title, and no amount thereof shall be used for any other purpose. AK amounts accruing to the State Insurance Fund, which is hereby established in the SSS and GSIS, respectively, shall be deposited with any authorized depository banks approved by the Commission, or invested with due and prudent regard for the liquidity needs of the System.

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Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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