Employee Employer Coverage Categories of employees Members: 4 Active still paying the contribution Retired those who have

ve received their pension Separated/Inactive coverage has already ceased but they have yet to receive future benefits Policy Members or holders. They can still avail of loans under Policy Loan only

GSIS Circular Limiting Daily average monthly compensation, before 2002, the ceiling is P16,000.00. It was iliminated. In excess of P12,000 x 2% P12,000 and below 9% of monthly compensation. First day of service issuance of appointment Full time service only. If part time, convert to full time service. Benefits:

RA 660 (June 16, 1951) Magic 87 RA 1616 (May 31, 1957) - Gratuity Benefity PD 1146 (May 31, 1977) RA 8291 (June 24, 1997)

Date of Entry

Date of Retirement

Applicable Law RA 660, RA 1616, PD 1146, RA 8291

On or before May 31, 1977

June 24, 1997 onwards

 After May 31, 1977 After May 31, 1977 June 24, 1997 onwards RA 1616

Before June 24, 1997 Before June 24, 1997 June 24, 1997 onwards June 24, 1997 onwards

RA 660, RA 1616, PD 1146 PD 1146 PD 1146, RA 8291 RA 8291

35 YEARS OF SERVICE 20 10 5 35 X1 = 20 X1.5 = X 2 = 10 45 X12 15