GSIS granted P221B in loans to over a million gov’t employees, pensioners nationwide

The Government Service Insurance System (GSIS) has released a total of P221 billion in loans to 1.38 million active members and pensioners nationwide from January 2021 to May 15, 2022. “We rolled out several programs under our Ginhawa for All benefit bundles to extend financial assistance at a time when our members and pensioners needed it most. Alam namin na GSIS ang inaasahang mangalaga sa seguridad at kapakanan ng mga kawani ng gobyerno. Ang malaking responsibilidad na ito ay bahagi ng ating tungkulin,” GSIS President and General Manager Rolando Ledesma Macasaet said. Of the total amount of loans granted, P165...

GSIS reminds members, pensioners, beneficiaries to file benefits on time

Date Posted: January 9, 2018 Filing for GSIS benefits within the prescribed period spells the difference between enjoying and losing them. GSIS thus reminds its active members, pensioners, and beneficiaries to keep in mind the benefits that have deadlines. FUSS is an acronym that serves as a memory aide: Funeral, Unemployment, Separation, and Survivorship benefits. They should be filed within prescribed period from the date of contingency. Separation benefit under Republic Act (RA) 8291 must be filed within four years from date of separation from government service, while that under Presidential Decree (PD) 1146 must be claimed within 10 years...

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 pension, retirement, life insurance, survivorship, disability, and funeral. The growth is attributed to the increased monthly old age pension of Php7.5 billion covering 316,323 pensioners, survivorship benefit amounting to Php338.2 million for 132,449 pensioners, as well as life insurance and retirement claims of Php616.8 million...