There is a significant increase in the number of old age
pensioners in the GSIS. The highest increase occurred between
1990 and 1985 with an addition of more than 16,000 old age
pensioners compared to the increase from 1990 to 1995 which only
totaled to more than 11,000. The increase in the number of GSIS
old age pensioners is important considering the fact that the total
number in 1980 was only less than one half of the total number of
old age pensioners as of year end 1998