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benefits  // Posts tagged as "benefits"

GSIS set to release ₱12.9 million in insurance benefits to 8 government frontliners who succumbed to COVID-19

Date Posted: April 30, 2020 The Government Service Insurance System (GSIS) is set to release ₱12.9 million in life insurance benefits to the families/beneficiaries of the eight government health workers who succumbed to the COVID-19 virus. This was announced today by Rolando Ledesma Macasaet, President and General Manager of the state pension fund. “Our insurance […]

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GSIS issues guidelines in processing survivorship benefits of Muslim members, pensioners

Date Posted: Nov. 25, 2019 The Government Service Insurance System (GSIS) has issued Policy and Procedural Guidelines (PPG) No. 334-19 to ensure uniform processing of survivorship benefit claims of its Muslim members and pensioners. “GSIS recognizes the Muslim unique culture. Thus, the processing of survivorship benefits for deceased Muslim members and pensioners is now institutionalized,” […]

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GSIS to offer Php10k educational subsidy to 10,000 children, dependents of members

Date Posted: October 18, 2019 State pension fund Government Service Insurance System (GSIS) is set to open a yearly Php100 million educational subsidy program for children or dependents of its low-income members through the GSIS Educational Subsidy Program (GESP). “In support of the social development policy of President Duterte to provide wider access to quality […]

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GSIS opens emergency loan window in 4 dengue-affected areas

Date Posted: September 4, 2019 The Government Service Insurance System (GSIS) has offered emergency loan to active members and pensioners in Samar province, municipalities of Pontevedra and Sigma in Capiz, and Sofronio Española in Palawan, which were declared under a state of calamity due to dengue outbreak. GSIS allocated almost P633 million for the loan […]

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GSIS seeks to increase minimum pension to P6,000

Date Posted: March 8, 2019 In a recommendation to President Rodrigo Duterte, the Government Service Insurance System (GSIS) moves to increase the minimum basic pension of its old age and disability pensioners to Php6,000 effective February this year. This will increase the GSIS minimum pension by Php1,000. “A total of 67,201 old age and disability […]

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GSIS to offer new housing loan condonation until Dec. 31

Date Posted: September 24, 2018 Starting October, the Government Service Insurance System (GSIS) will offer a 100% waiver of unpaid penalties and surcharges to housing buyers and borrowers with past due accounts and are willing to settle their housing obligations in full. The deadline for the submission of application to the condonation program is on […]

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GSIS offers emergency loan
to members, pensioners in 4 Mindanao areas

Date Posted: April 24, 2018 The Government Service Insurance System (GSIS) is offering emergency loan to a total of 2,453 active members and old-age pensioners in Carrascal, Cantilan, and Lanuza in Surigao del Sur; and Cateel in Davao Oriental. The Surigao del Sur areas were affected due to tropical storm Basyang. Cateel was plagued by […]

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GSIS offers emergency loan to members, pensioners in 2 areas

Date Posted: February 27, 2018 The Government Service Insurance System (GSIS) is offering emergency loan to a total of 36,359 active members and old-age pensioners in Davao City, who were affected by typhoon Vinta, and Naujan in Oriental Mindoro, due to tropical depression Urduja. The deadline for application is March 10. A total of 24,933 […]

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GSIS posts greater benefit payout for first 11 mos of 2017

Date Posted: December 29, 2017 State pension fund Government Service Insurance System (GSIS) today announced that it paid more than Php85 billion in social insurance claims and benefits in the first 11 months this year, representing a 13% increase compared to the Php75.1 billion in the same period last year. These claims and benefits cover […]

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GSIS opens emergency loan for members, pensioners in Siay, Zamboanga Sibugay

Date Posted: September 19, 2017 A total of 695 Government Service Insurance System (GSIS) active members and old-age pensioners in Siay, Zamboanga Sibugay, who were affected by landslides, flashfloods, and overflowing of the Sibuguey River due to an inter-tropical convergence zone, may apply for emergency loan (EL) until September 23, 2017. The 610 active members, […]

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