Section 21Sec./Art. 21

Compulsory Life Insurance. Subject to the rules and regulations prescribed by the System, all employees shall be compulsorily covered with life insurance which shall automatically take effect as follows:

(1) for those employed after this Act, their insurance shall take effect on the date of their employment;

(2) for those whose insurance matured and not renewed prior to this Act, their insurance shall be deemed renewed on the day following the effectivity of this Act;

(3) for those whose insurance will mature or will expire after this Act, their insurance shall be deemed renewed on the day following or expiry date of their previous insurance;

(4) for those without any life insurance as of the effectivity of this Act, their insurance shall take effect on the day following said effectivity.