Old-age pensioners are former GSIS members who retired and are receiving pension under Republic Act (RA) 660, Presidential Decree (PD) 1146, RA 8291, and RA 7699 (Portability Law).
The different types of pension offered are: old-age pension, survivorship, disability and employees’ compensation.
In May 2011 and as part of providing responsive service to its 300,000 local old-age and disability pensioners, GSIS revoked the Annual Renewal of Active Status (ARAS), the policy of requiring pensioners to personally appear in the GSIS during their birth month.
In lieu of ARAS, GSIS and the Philippine Statistics Authority (formerly NSO) entered into a partnership in which both agencies will exchange information on records of pensioners in their respective databases. Any duly-verified and validated information will then be the basis of GSIS in determining the eligibility of pensioners to receive monthly pension.
Pensioners, however, who are based abroad will still be required to renew their active status annually on their birth month through Skype, a web-based software that allows users to make telephone calls over the Internet free of charge. Likewise, pensioners living in the Autonomous Region in Muslim Mindanao (ARMM) need to undertake ARAS pending the completion of a registration system in the region by PSA.
Pensions are credited to the accounts of pensioners on the 8th day of every month through their eCards.
As of December 2016, GSIS has 304,878 old-age pensioners, 9849 EC disability/ survivorship pensioners. Survivorship pensioners total 32,452.