Our Company

The Public Safety Mutual Benefit Fund, Inc. (PSMBFI) is a duly registered, non-stock, non-profit mutual benefit fund association, organized to provide insurance protection, as well as financial and material aid, to its members. PSMBFI is regulated by the Insurance Commission and operates under Mutual Benefit Association License Number 2025-03-R, ensuring that its services comply with regulatory standards and requirements.
PSMBFI is committed to provide life insurance coverage for public safety practitioners, both uniformed and civilian. With minimal requirements, PSMBFI promptly releases a cash advance to beneficiaries to assist with funeral and burial expenses. Once all requirements are completed, the full amount of insurance claims is immediately processed.
The Association endeavors to continuously improve the benefits given and services rendered to its members. Furthermore, it remains steadfast in its commitment to fulfill its Corporate Social Responsibility Programs to its constituents.
Mission, Vision, and Core Values

VISION
“We shall be the organization of choice for all public safety practitioners providing member-centered financial services that give protection and peace of mind.”
MISSION
• To provide timely and quality financial services for our public safety practitioners and their families.
• To provide a nurturing and empowering work environment for our employees.
• To maintain a fair, honest, and sustainable relationship with our stakeholders.
CORE VALUES
Customer-centricity
Professionalism
Integrity
Respect in The Workplace
Excellence
As a financial institution, PSMBFI implements financial literacy programs to educate members from different public safety agencies nationwide. The association has a strong membership-base composed of the uniformed and civilian personnel from the following agencies/institutions:

Board of Trustees 2026-2027
TRUSTEE MARIO A REYES
Chairman of the Board
PLTGEN BENJAMIN D SANTOS JR (Ret.)
President & CEO
TRUSTEE ENGRACIO U LINO JR.
Assistant Treasurer
TRUSTEE BELLI B TAMAYO
Risk and Audit Chairperson
TRUSTEE SIDNEY S HERNIA
IT Chairperson
TRUSTEE EDGAR ALAN O OKUBO
PMG Chairperson
TRUSTEE MICHAEL JOHN F DUBRIA
Member
TRUSTEE EUNICE S SALAS
Member
TRUSTEE FERDINAND O DIVINA
Executive Chairperson
TRUSTEE DINDO R REYES
Corporate Treasurer
TRUSTEE BARTOLOME R BUSTAMANTE
Governance Chairperson
TRUSTEE JAYSEN C DE GUZMAN
Membership Chairperson
TRUSTEE ROQUE EDUARDO DP DEVA
Investment Chairperson
TRUSTEE JONAS T AMPARO
Member
TRUSTEE ROBERT T RODRIGUEZ
Member
Corporate Officers
PBGEN JIMILI L MACARAEG (Ret.)
Corporate Auditor
ATTY. JESSELITO L CASTRO
Corporate Secretary
Corporate Officers
Malecah M. Baring
Vice President for Corporate Services
Michelle P. Cayabyab
Vice President for Finance
PBGEN RADEL DL RAMOS (Ret.)
Vice President for Operations
Corporate Information
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ASEAN CORPORATE GOVERNANCE SCORECARDS 2018
ASEAN CORPORATE GOVERNANCE SCORECARDS 2019
ASEAN CORPORATE GOVERNANCE SCORECARDS 2020
ASEAN CORPORATE GOVERNANCE SCORECARDS 2021
ASEAN CORPORATE GOVERNANCE SCORECARDS 2022
Uploaded: 02/26/2024 9:00 AM
ASEAN CORPORATE GOVERNANCE SCORECARDS 2023
Uploaded: 05/29/2024 2:25 PM
ASEAN CORPORATE GOVERNANCE SCORECARDS 2024
Uploaded: 5/15/2025 9:00 AM
Uploaded: 5/16/2025 5:20 PM
Uploaded: 5/19/2025 2:30 PM
Uploaded: 5/30/2025 9:35 AM
ASEAN CORPORATE GOVERNANCE SCORECARDS 2025
Uploaded: 5/19/2026 4:30 PM
Uploaded: 5/22/2026 10:19 AM
Uploaded: 6/01/2026 5:00 PM
ANNUAL REPORT
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ANNUAL REPORT 2018
ANNUAL REPORT 2019
ANNUAL REPORT 2020
ANNUAL REPORT 2021
ANNUAL REPORT 2022
(updated: 07/18/2023 13:40:00)
ANNUAL REPORT 2023
(updated: 05/13/2024 16:55:00)
ANNUAL REPORT 2024
(updated: 05/20/2025 09:50:00)
ANNUAL REPORT 2025
(updated: 05/04/2026 15:45:00)
KABALIKAT MAGAZINE
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KABALIKAT 2020
KABALIKAT 2021
GENERAL MEMBERSHIP MEETING AND ELECTION
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