Informative Video for Employees concerning retirement programs/ benefits….(read more)
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The Government Service Insurance System (GSIS) is a government-owned and controlled corporation mandated to provide various insurance and retirement benefits for all government employees in the Philippines. One of the key services that GSIS offers is its comprehensive retirement programs, which aim to help government workers secure their financial future upon reaching the age of retirement.
GSIS offers five different retirement programs or benefits for government employees, each tailored to meet the specific needs and preferences of individuals. These programs are designed to provide financial security and peace of mind for government workers as they transition into retirement.
The first retirement program offered by GSIS is the Regular Retirement Benefit. This program provides a monthly pension to government employees who have completed at least 15 years of service and have reached the mandatory retirement age of 60. The amount of the pension is based on the employee’s length of service and average monthly salary.
Another retirement program offered by GSIS is the Optional Retirement Benefit, which allows government employees to retire early at the age of 55 and start receiving a monthly pension. To avail of this benefit, employees must have completed at least 20 years of service. The amount of the pension is also based on the employee’s length of service and average monthly salary.
GSIS also offers the Survivorship Pension, which provides financial assistance to the surviving spouse or dependent children of government employees who have passed away. The amount of the pension is based on the deceased employee’s length of service and average monthly salary.
For government employees who have become permanently disabled and can no longer work, GSIS offers the Total Disability Benefit. This benefit provides a monthly pension to employees who have been certified as permanently disabled and unable to perform any gainful occupation. The amount of the pension is based on the employee’s length of service and average monthly salary.
Lastly, GSIS offers the Retirement Option Premium, which allows government employees to choose between receiving a lump sum cash payment or a monthly pension upon retirement. This option provides flexibility for employees to choose the best retirement benefit that suits their financial needs.
Overall, the retirement programs offered by GSIS provide government employees with a safety net and financial security as they transition into retirement. By availing of these benefits, government workers can ensure a comfortable and worry-free retirement life after years of dedicated service to the public.
sir, i've been employed from 1984 to 1989 in a govt office and avail an early retirement, for 5 yr services rendered before, am i entitled to any pension or benefits now that i am 60 yrs old?
SIR AKO PO AY MEMBER SA GSIS FM APR 1983 TO JAN 1996 – 13 YRS AT SA SSS NAMAN PO AY 4YRS AT 2 MOS NGAYON NAGAPPLY AKO DA SSS CAUAYAN, ISABE LA AT PINAKUHA AKO NG CERTIFICATION SA GSIS CAUAYAN CITY AT BINIGYAN AKO NG CERTICATION ANG BR MANAGER SI SIR LORD DICO SUBALIT HINDI DAW ITO ANG KUKUNIN KO AYON KAY SIR DIAMANTE NG SSS SAMANTALANG MAYROON NG CERTIFICATION NG GSIS NOONG 16 NOV 2023 NGAYON PO NAKANCEL ANG RETIREMENT DAHIL MAGPAPIRMA DAE AKO SA GSIS MAIN PASAY CITY PO. FRANCISCO D VELARDE, BAGONG SIKAT, SAN MATEO, ISABELA
Conrado R puno
pano po yung sa ages 50 nagresign mghihintay nlng ba me ng 60age para nkakuwa ng pension or 56age sa pinasa ng mga senado..dyn sa gsis
Sir, I am supposed to retire po sa gov't service this Feb 2024. Naka 10+ years din po. Un po ba makukuha ko sa GSIS ay ung personal share ko at employer's share?
Sir tanong ko lang. Kung ang retiree nakapag apply na ng retirement pero while waiting for the approval for pension namatay ang retiree, makukuha po ba ng mga benefeciaries ang lump sum pension niya?
Good day! Sir sana matopic ninyo sa next video nyo ung Rationalization Plan E.O. 366, s. 2004
Ang tanong ko sir ilang months ba cover ang employee on or before the effective ng Rationalization Plan?
Sir nan dyan pa pala ang magic 87 sabi sabi kasi niwala na
Sir 38 years po ang length of service ko sa Deped . Makuha ko pa kaya yon 3 years na sobra?Thank you po sa information.God Bless po.