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GSIS grants Php190M in Cash Benefit to active members

Date Posted: January 15, 2019

The Government Service Insurance System (GSIS) released a total of Php190 million in Cash Benefit to its active members on Dec. 22, 2018.

Qualified to receive the Cash Benefit are GSIS members whose compulsory life insurance policy has been in force for at least one year as of December 31, 2017.

Holders of compulsory life insurance policy whose agency was suspended as of December 31, 2017 are also entitled to receive the benefit, while members whose policy matured in 2017 will get a proportionate amount.

GSIS automatically credited the benefits of qualified members to their GSIS eCard or unified multipurpose identification (UMID) card.

GSIS members whose compulsory policy was terminated due to death, retirement, or separation or lapsed in 2017 are not qualified for the benefit. Those with unpaid salary and consolidated loans or premiums for at least 12 months as of December 31, 2017, are likewise ineligible.

For queries on the dividends, members may call the GSIS Contact Center at 847-4747 or email, gsiscares@gsis.gov.ph. For the latest information, visit the GSIS website, www.gsis.gov.ph, or follow the official GSIS Facebook account, @gsis.ph.