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GSIS BENEFITS &

UPDATES
EMPLOYEE WELFARE
& BENEFITS
GSIS Mandate
GSIS as a Social Security
Institution
Established on May 31, 1937

Provides protection in
contingencies of Death,
Retirement, Separation,
Disability, or Unemployment
Charter

• GSIS, a government financial institution, was


created by the Congress of the Philippines
through Commonwealth Act No. 186 on
November 14, 1936.

• Primary objective: to promote the welfare of


government employees through an insurance
system that will protect its members against
adverse economic effects resulting from death,
disability and old age.
(updated as of 14 August 2014)
GSIS Membership

(updated as of 14 August 2014)


MEMBERSHIP

All government employees receiving


monthly compensation and who have not
reached the mandatory retirement age of 65
are legally compelled to be active members
of GSIS while in government service as
mandated by law.
UNDER RA 8291 (6/24/1997)

YOU ARE A GSIS MEMBER IF:


1. An appointive or elective official receiving fixed
compensation
2. A permanent, temporary, casual or contractual
government employee with employer-employee
relationship
3. A member of the judiciary or a constitutional
commission
4. A government employee receiving basic salary but not
per diem, honoraria or allowances
Coverage

GSIS covers all government workers regardless of


employment status, except:

• Contractual employees who have no employee-


employer relationship with their agencies; and

• Uniformed members of the Armed Forces of the


Philippine, the Philippine National Police, and the
Bureau of Jail Management and Penology

(updated as of 14 August 2014)


Scheduled Rates of Premium
Contributions

The amount of monthly premiums


due each member shall be
computed in accordance with the
following scheduled rates based on
the monthly compensation as
reflected in the MSP:
Where does my contributions go?
Personal Share Employer Share
(life and retirement) – 9% (life and retirement) – 12%

2% - life insurance 2% - life insurance


premium premium
7% - retirement 10%- retirement
premium premium
TOTAL=
21%

(updated as of 14 August 2014)


Benefit Package

• Life insurance
• Retirement benefits
• Separation benefits
• Unemployment benefits
• Survivorship benefits
• Employees compensation for work-
related contingencies

(updated as of 14 August 2014)


LIFE
INSURANCE
PROGRAM
LIFE INSURANCE

TYPES OF LIFE INSURANCE POLICY


1. Life Endowment Policy (LEP)- is the old
insurance coverage of GSIS members
2. Enhanced Life Policy (ELP)- automatic cover
for those who entered government service
after July 31, 2003 and for those existing
members whose LEP policies have matured
on or after Aug. 1, 2003
 Life Insurance Coverage
Life Endowment Policy Enhanced Life Policy
(LEP) (ELP)

• Maturity or CSV • CSV or Termination


• Death benefit Value
• Waiver of Premiums due • Death benefit
to PTD • Annual dividend
• Annual dividend • Policy loan
• Policy loan (90% of CSV)
(50% of CSV)
LIFE INSURANCE CLAIMS
MATURITY BENEFIT – LEP Policy
• Qualifying condition:
The Maturity Date indicated in the Policy Contract
must be reached.

• The amount of benefit is the total Face Value or


Amount of Insurance written on the policy contract,
including supplementaries.

• Outstanding balances on the members’ policy loan


and premium-in-arrears will be deducted from the
maturity benefits.
LIFE INSURANCE CLAIMS

CASH SURRENDER VALUE (CSV) OR


TERMINATION VALUE (TV)
• Qualifying Condition:
Separation from service due to Separation or
Resignation (prior to Maturity)
• The surrender benefits become payable to the
member upon separation from the service.
• The amount of benefit is the Total Cash Value or
Termination Value earned by the policy at the time of
separation less all indebtedness of the member.
LIFE INSURANCE CLAIMS

DEATH BENEFIT
• Qualifying Condition
Death of a member while the policy is still in force
• For Life Endowment Policy (CM Policy)
The Designated Beneficiaries shall receive the amount
equivalent to the total Face Value or Amount of Insurance
written on the policy contract , including supplementaries, less
indebtedness.
• For Enhanced Life Policy (LP Policy)
The Legal Heirs shall receive the amount equivalent to the last
annual salary multiplied by 1.5 or the last monthly salary
multiplied by 18, less indebtedness.
ELP Death Benefits

Computed based on the last monthly salary of the


policyholder immediately preceding his death

Gross Amount of (Latest Monthly Salary x 12)


Insurance (AOI) X AOI factor of 1.5

shall be paid to his qualified beneficiaries


as determined by the System

(updated as of 14 August 2014)


LIFE INSURANCE CLAIMS

DIVIDEND
• Qualifying condition:
- The policy must be enforced for at least 1 year.
- The member must have no premiums and loans in
default
• The amount of benefit shall be in accordance with a
dividend allocation formula to be determined by the
Chief Actuary of GSIS, in relation to the total earnings
of the life insurance fund of the GSIS.
Funeral Benefit

• P30,000 for GSIS active members and old-


age pensioners
• P10,000 for uniformed members of PNP

• additional P20,000 if member died in line of


duty – from the Employees Compensation
Funeral Benefit
Qualified to receive:
• Active member
• separated from service but entitled to future separation
of retirement benefit
• old-age pensioner (excluding survivorship pensioner)
• at least 60 y/o at the time of retirement but opted to
retire under RA 1616 after the effectivity of RA 8291
Funeral Benefit
Order of priority in releasing the
funeral benefit:

1. Legal spouse
2. Children
3. Anybody who can show proof of
funeral expenses
GSIS
RETIREMENT
PROGRAM
Retirement Laws
 PD 1146 (Amended by RA 8291)

 RA 660 or the “MAGIC 87”


(MUST BE IN THE SERVICE ON OR BEFORE MAY 31, 1977)

 RA 1616 or the “TAKE ALL”


(MUST BE IN THE SERVICE ON OR BEFORE MAY 31, 1977)

 RA 8291 or the GSIS ACT OF 1997


(Date of Effectivity – June 24, 1997)
RETIREMENT LAWS
RA 660 or the “MAGIC 87”
ELIGIBILITY

 Must be in the service on or before


May 31, 1977
 Continuous service for the last 3 years prior to retirement
 Appointment status should be permanent in nature
 Must meet the age and service requirements under the so
called “Magic 87”
RA 660 or the “MAGIC 87”

Age + Service = 87 Starting age is 52


R = P30.00 + [(2%xM)+(1.2%xP)] (A)
where:
R = monthly annuity at age ____
A = average monthly salary for
the last 3 years
M = no. of years after 6/16/1951
P = no. of years of service before 6/16/1951
TABLE OF ACTUARIAL ADJUSTMENT FACTORS
AGE 52 53 54 55 56 57 58 59 60 61 62 63 64 65

YOS 35 34 33 32 31 30 28 26 24 22 20 18 16 15

FACTOR .87 .89 .92 .94 .97 1.00 1.03 1.06 1.08 1.11 1.15 1.16 1.20 1.24
RA 660 or the “MAGIC 87”
• Pension
- maximum pension for age 57 & above = 80% AMC
- maximum pension for age below 57 = 75% AMC

The benefit is any of the following: Annuity Benefit

below 60 1 yr lump sum

60 and below 63 3 year lump sum

63 and above 5 year lump sum


RETIREMENT LAWS
RA 1616 or “TAKE ALL”

Qualifications:

 At least 20 years of creditable service


 Last 3 years continuous
 In service on or before May 31, 1977
RA 1616 or “TAKE ALL”
 No pension
 Two retirement benefits:

1. Gratuity – payable by Employer


Example: member has a creditable service of 40 yrs.

1st 20 years x 1 = 20 years


21 - 30 years x 1.5 = 15 years
31 – 40 up years x 2 = 20 years
Total Gratuity years 55 years

Amount of Benefit = Total Gratuity years x Last Salary


2. Refund of retirement premium – payable by GSIS
 Personal share with interest
 Government share without interest
RA 8291 or the GSIS Act of 1997
Effective 6/24/1997
ELIGIBILITY

Total Length of Service must be at least 15 yrs.


At least 60 years old upon retirement
Not a permanent total disability pensioner
The last three (3) years of service need not be
continuous
RETIREMENT LAWS
RA 8291 – Pension Benefit -Two Options:
1. 5 year Lump sum and old age pension
- 60 months basic monthly pension payable upon
retirement and pension for life after 5 years, if still living
2. 18 months Lump Sum and pension immediately
- 18 months cash payment payable upon retirement and
pension for life a month after the date of retirement
BASIS OF COMPUTATION of
Retirement/Separation Benefit
1. PERIODS WITH PREMIUMS PAID (PPP)
Years of service with corresponding premium
payment

2. AVERAGE MONTHLY COMPENSATION (AMC)


Average salary received with correct premium
payment for the last 3 years prior to retirement.
AVERAGE MONTHLY COMPENSATION

AMC = Total compensation received


for the last 36 months with
premium payments
____________________________

36 months
RA 8291

OPTION 1 OPTION 2
5 years lump sum 18 months cash payment
+ Old Age Pension + Old Age Pension

 60 months of BMP upon  18 months of BMP Cash


retirement payment upon retirement
 monthly pension after  pension for life upon
5 years retirement
✓cash gift & pension  Eligible to CLASP
✓ increase after 5 years  cash gift & pension increase
after 5 years

(updated as of 14 August 2014)


RA 8291
Sample Computation -
Age of Member = 60 ; PPP = 33 years ; AMC = P20,000

BMP = (.025 x PPP) (AMC+700)


= (.025 x 33) (20,000+700)
= (.8250) (20,700)
= 17,077.50

Option 1 5 year lump sum = P17,077.50 x 60


= 1,024,650.00 (less indebtedness)

Option 2 18 mos. cash payt = P17,077.50 x 18


and pension immediately = 307,395.00 (less indebtedness)
RA 8291

 BASIC MONTHLY PENSION SHALL NOT EXCEED 90% OF


AMC
Age of Member = 60 ; PPP = 36 years ; AMC = P20,000
BMP = (.025 x PPP) (AMC+700)
= (.025 x 36) (20,000+700)
= (.90) (20,700)
= 18,630.00

 In this case, BMP is pegged to P18,000.00


and not 18,630.00
Comparison between Options 1 and 2
Date of Retirement: 03/01/2012
Basic Monthly Pension: P18,000.00

5 years 18 months
lump sum cash payment
pension to start
on
03/01/2012
60 months

60 months
total benefits total benefits + 18 months
pension to start received received

03/01/2017 P1,080,000 P 1,404,000 03/01/2017

(updated as of 14 August 2014)


PENSIONERS PRIVILEGES
Choice of Loan Amortization
CLASP Schedule for Pensioners
housing loan obligation will NOT be
deducted from retirement benefits
retiree may choose a Payment plan
payment plan of 1-3 years • 75/25 = 1 to 3 years
• 50/50 = 1 to 3 years
• 25/ 75 = 1 to 3 years

Those who retired with


immediate pension under
RA 8291, RA 660 and PD 1146
Documentary Requirements

The following are the documentary requirements:

1. Duly accomplished GSIS Retirement Application Form


duly endorsed and signed by the authorized officials

2. Updated Service Record indicating Last Day of Actual Service

3. Declaration of Pendency/Non-Pendency of Case -


to be sworn/signed by the Person Administering the Oath
(to be submitted after GSIS call that the claim has
already been approved)
SEPARATION BENEFITS
SEPARATION BENEFIT – is a cash payment or refund of contributions
payable to a member who resigns, separates or is dismissed from
service but has not acquired the qualifications for retirement.
1. below 60 years old with at least 15 years of service
- 18 months cash payment, pension at age 60

2. below 60 years old with at least three years of


service but less than 15 years

- cash payment payable at age 60


cash payment is equivalent to 100% of AMC
per year of service
 Prescription period: 4 years
UNEMPLOYEMENT BENEFIT
Under RA 8291 or “GSIS Act of 1997”
Also called “Involuntary Separation Benefit” given to
those separated from the service due to reorganization,
abolition of position, redundancy
Equal to 50% of AMC for maximum of 6 months based on yrs of
service
Contribution in years Benefit duration
1 but less than 3 2 months AMC
3 or more but less than 6 3 months AMC
6 or more but less than 9 4 months AMC
9 or more but less than 11 5 months AMC
11 or more but less than 15 6 months AMC

Prescription period: 4 years


Subject to deduction in retirement claim in case of re-employment in government
RA 7699 or the “Portability Law”
Eligibility:
1. Not entitled for pension benefit in either or both
SSS or GSIS
2. Contributed less than 120 months of SSS
contribution or less than 180 months of creditable
government service (no overlapping of service)

Benefit:
Pension at age 60
SURVIVORSHIP BENEFIT
Survivorship benefits are granted to surviving
and qualified beneficiaries of the deceased
member or pensioner to cushion them against
the adverse economic, psychological and
emotional loss resulting from the death of a
wage earner or pensioner.
SURVIVORSHIP BENEFIT

surviving spouse entitled to 50% of pension even if she/he has


other sources of income but not to exceed one-half of step 8
current salary of an Undersecretary

Dependents are legal spouse and children below 18 y/o


Survivorship pensioners are not entitled to annual increase and Cash Gift

Funeral benefit application as constructive


notice of an application for survivorship claim

the prescriptive period stops


upon filing of funeral benefit
SURVIVORSHIP- TRANSFER OF
PENSION
Upon the death of a retiree-pensioner under RA 660,
PD 1146, or RA 8291, his qualified surviving spouse
shall be paid 50% of the Basic Monthly Pension ( BMP )
and each qualified dependent child, not exceeding five
starting from the youngest to the eldest , without
substitution, shall receive Ten Percent ( 10% ) of the
BMP due the retiree-pensioner
PRIMARY BENEFICIARIES :
• The legitimate spouse until he / she remarries
• The dependent children
SECONDARY BENEFICIARIES :
• The dependent parents
• The legitimate descendants
DEPENDENT CHILD :
Any legitimate,illegitimate, legitimated and / or legally adopted child who is
single, not gainfully employed and who has not attained the age of 18
The physically or mentally incapacitated child, regardless of age, provided the
mental or physical defect was acquired prior to age 18. In this case, this
dependent child shall enjoy a lifetime pension from the System
Once you are an Old Age pensioner
it’s a lifetime benefit ,

When the Old Age pensioner dies,


the surviving spouse becomes a
survivorship pensioner .

GSIS and PENSIONER


till DEATH do us PART
GSIS Schedule of Pension Crediting
Every 8th day of the month
• Considerations made in scheduling the pension crediting:
• Uninterrupted service in the crediting of pension.
Pensioners abroad and those in the ARMM who are required to
do an Annual Renewal of Active Status (ARAS) during their birth
month (i.e., for those who complied with the ARAS on the last
day of the month to be included in the pension run distribution)

• Timely deduction of payment for the Pension Loan.


Pensioners who availed of the pension loan on the last day of
the month will be able to start the payment of their loan
immediately on the following month.
PENSION benefits are not privileges…

They are yours


BY RIGHT!

Maaasahan ng
Lingkod - Bayan
51
DISABILITY BENEFITS
not work connected
PERMANENT TOTAL DISABILITY (PTD)

 In active service but less than 15 years


Benefits : 1. BMP
2. Cash Benefit = BMP x 18 months

 Separated from service, at least 36 monthly contributions


for 5 years immediately preceding PTD

Benefit : BMP
DISABILITY BENEFITS

TEMPORARY TOTAL DISABILITY (TTD )

 In active service or separated but at least 3 years of service and paid 6


monthly contributions within 12 months immediately preceding the
disability

 Member is entitled to TTD if there is loss of income (must have incurred


Leave of Absence without Pay)

Income Benefit : Min of P165/day


Max of P475/day
Period of Benefit : Min of 120 days
Max of 240 days

Daily income benefit (DIB) computation:


DIB = monthly salary/ 22 working days x 75%
DISABILITY BENEFITS
PERMANENT PARTIAL DISABILITY (PPD)

 Must be in active service or separated but paid 36 monthly


contributions within the last 5 years from time of PPD or
paid at least 180 monthly contribution.

 Shall receive PPD benefits in the form of CASH PAYMENT


equivalent to BMP x number of months specified in the
schedule of loss percentage

 Member is entitled to PPD if there is loss of income


(must have incurred Leave of Absence without Pay)
PROGRAM
( Under PD 626 dated January 1, 1975 )

PURPOSE :
To help workers and their dependents - in the event
of work - connected injury, sickness, disability or
death - receive meaningful and adequate income
benefits, medical or related services, and
rehabilitation services.
THE EMPLOYEES COMPENSATION PROGRAM
The ECP is the present compensation program for both public
and private sector employees and their dependents in the event of work
related disability and death. Created under Presidential Decree No. 626, it
took effect on January 1, 1975.

The ECP is implemented by three agencies, namely:


1. The Employees’ Compensation Commission (ECC) whose task is to initiate,
rationalize and coordinate the policies of the ECP. It is composed of five ex-officio
members, namely: the Secretary of DOLE as Chairman, the PGM of GSIS and
President of SSS who alternates as Vice-Chairman, the Chairman of PHIL-
HEALTH, the Executive Director of ECC Secretariat and two appointive members,
one representing the employees and the other representing the employers who shall
serve for a term of six years;

2. The GSIS as administering agency for the public sector;


3. The SSS as administering agency of the private sector.
Contributions to the ECP shall be borne in its entirety by the
employer. It is computed at one percent of the basic salary but not
exceeding P100.00 monthly.

Any work-connected injury or sickness and any disability or death arising from
the work-connected injury or sickness shall be compensable under ECP.

Compensation for injury, sickness, disability or death shall be in the form of:
• Cash income benefit for disability or death;
• Medical and related services for injury or sickness;
• Rehabilitation services for permanent disability.
MEDICAL AND RELATED SERVICES
1. Ward services during confinement in an accredited hospital;
2. Medicines

BURIAL BENEFIT - P10,000.00 eff. 5/3/2013


P20,000.00 eff. 6/20/2014

APPEALS
Claims denied by the System may be appealed to the ECC within 30 days from
receipt of letter of denial. The ECC may either reserve or affirm the System. In
case of affirmation, the claimant may file this with the Court of Appeals/Supreme
Court by giving notice to the System within five days from receipt of letter of
affirmation.
GSIS
PRIVILEGES

Maaasahan ng
Lingkod - Bayan
59
LOANS
The loans extended to members are
investment activities of the System in order to
maximize the returns of the pension funds and
improve their solvency. They are the personal
obligations of the member-borrowers and must
be collected and promptly paid. In case of their
non-payment, all legal remedies are resorted to
in order to insure their collection.
GSIS Loan Privileges
• Consolidated (salary) loan
• Policy loan
• Emergency loan
• Enhanced Consoloan Plus
• Pension Loan

(updated as of 14 August 2014)


Conso-Loan
Loanable Amounts
Eligibility
Length of Amount of Loan
 have paid and remitted at Service Based on Current
least 3 correct premium Basic Salary
payments w/in the last 6
months prior to application 20 months 3 months

40 months 4 months
 no pending admin or
criminal case 5 years 7 months

 not on Leave of Absence 10 years and 10 months


Without Pay (LWOP) more

 net take home pay sufficient


Interest: 12% per annum based on
to cover diminishing balance
amortization
Terms: 6 years for permanent employees;
2 years for non-permanent
employees

(updated as of 14 August 2014)


Improved Consoloan Program
(Implemented on July 1, 2015)

Increased Credit Limit


Period with Paid New Maximum Old Maximum
Premiums Loan Amount Loan Amount
At least 15 years 12 Months
of Basic Salary 10 Months
At least 25 years 14 Months of Basic Salary
of Basic Salary

Extended payment terms

63
Enhanced GSIS Consolidated
Salary Loan Plus

5. The increase in maximum loanable amount shall only apply to


regular active members with at least 15 years of PPP;

6. The due date of the 1st monthly amortization shall be


synchronized with the monthly billing run, as follows:

- For loans granted on or before the 23rd of the month, the


first due month shall be the calendar month following the
granting of the loan.
For example:
Date of Loan Granting ………………… 08 January 2015
First Due Month……..……………………. …… February 2015
Deadline for Remittance to GSIS…………10 March 2015
Enhanced GSIS Consolidated
Salary Loan Plus

- For loans granted after the 23rd of the month, the first due month
shall be the 2nd calendar month following the granting of the loan.
For example:
Date of Loan Granting ………………… 26 January 2015
First Due Month……….…………………. …… March 2015
Deadline for Remittance to GSIS…….….10 April 2015

7. Electronic Certification – The Agency Authorized Officer (AAO) shall


be required to certify the loan processing of the application.
8. Interest – The interest shall be (12%) per annum compounded
annually based on diminishing balance.
9. Redemption Insurance - If the member-borrower dies and the loan
is up to date, the loan shall be deemed fully-paid by virtue of the
insurance coverage
Policy Loan

Eligibility

 Member must be insured for at least one year

 Maximum loan amount: 90% of the accumulated


termination value of the policy.

 Interest: 8% per annum compounded monthly

 Renewable on or after anniversary date.

(updated as of 14 August 2014)


Emergency Loan

Eligibility
 Living or residing in declared calamity area
 Active member not on Leave of Absence Without Pay
(LWOP)
 No arrears in premium
 No due and demandable loan
 Has paid 12 monthly amortization if there is a previous EL

Amount: Php20,000.00, payable in 3 years


Interest Rate: 6%
(updated as of 14 August 2014)
PENSIONERS PRIVILEGES
PENSION LOAN interest at the rate @10%) per annum
ELIGIBILITY REQUIREMENTS.
•Only old-age pensioners with no outstanding service loans being amortized under the Choice of Loan
Amortization Schedule for Pensioners (CLASP) at the time of filing are eligible to avail of the pension loan.

•APPLICATION. Application shall be done personally through the GW@PS Kiosk or through over-the-counter
by way of a properly accomplished application form filed at the appropriate GSIS office. Submission of a copy
of the Pensioner’s eCard or UMID card and, in the absence thereof, any two (2) government-issued IDs

TABLE 1. TABLE OF MAXIMUM LOAN AMOUNT


Age of Pensioner Maximum Loanable Amount
X BMP Limit
Below 65 years old 6 100, 000.00
65 to below 70 4 60, 000.00
70 years old and above 2 20, 000.00
Pension Loan is payable within 12 to 24 months
Renewal is a month after the last payment to fully pay the loan.
Filing of over-the-Counter (OTC)

Loan Application
Eligible to Avail of the Service

Active Members;
With unreadable biometrics
With lost or defective/damage
eCard/UMID card
With old eCard, Temporary
eCard and eCard Plus with no
RFID
Road to Electronic Processing:
The GSIS eCard and Kiosks

Evolution of the GSIS eCards

1st Generation: eCard

2nd Generation: eCard Plus

3rd Generation: UMID


Used e-Card in Paying Claims starting Oct 14, 2013

 Claim proceeds now


electronically
credited via eCards
instead of checks

 Ensures timely
release of benefits

 Makes processing
twice as fast than
traditional check
payment

(updated as of 31 July 2014)


OTHER MEMBER’S
PRIVILEGES

Maaasahan ng
Lingkod - Bayan
73
Enhanced Optional Non-Life Insurance Program
INSURANCE TYPE FEATURES

FIRE Covers residential, commercial properties of


GSIS members

Varying premium rates based on property


location
MOTOR VEHICLE Comprehensive insurance cover

Most competitive motor vehicle insurance in


the market

PERSONAL 24 hour Worldwide Accident Insurance


ACCIDENT
Coverage includes travel abroad as passenger
in commercial airline
74
Enhanced GSIS Scholarship Program
At least 20 slots for IPs,
PWDs, and Solo/Single
Parents

Exclusive to dependents Replace


of members poster with
new material
20K per semester

2K monthly allowance

No maintaining of grade
point average
75
GSIS HOSPITALIZATION SUPPORT
PROGRAM (GHSP)

• CEBU – PERPETUAL SUCCOUR HOSPITAL


- 50% DISCOUNT FOR GSIS SPONSORED
EQUIPMENTS/MACHINES (MRI)
- Minimum of 10% ON COMMON AND SPECIAL
MEDICAL PROCEDURES, MEDICINES and
PROFESSIONAL FEES
Improving accessibility of
services to members
Conduct of Pre-Retirement Seminars

80

80
Holding of pre-retirement
counseling seminars

• Held monthly at GSIS central and field offices


Schedule in Cebu – every 3rd Tuesday
• Discuss various retirement modes; how-to’s
on computing retirement claims
• Help choose the most beneficial retirement
option suited to your lifestyle

Maaasahan ng
Lingkod - Bayan
81
Deployed more GWAPS kiosks

82
GW@Ps kiosks
Deployed additional 750
GW@Ps nationwide
LOCATIONS OF GSIS UMID KIOSKS IN CEBU
> GSIS CEBU REGIONAL
OFFICE
> CEBU PROVINCIAL CAPITOL
 DEP-ED OFFICES
1. Region 7
2. Province
3. Cebu City Div.
4. Mandaue Div.
5. Lapulapu Division
LOCATIONS OF GSIS
UMID KIOSKS IN CEBU

CITIES -
*Bogo *Mandaue
*Carcar *Naga
*Cebu *Talisay
*Danao *Toledo
*Lapulapu
LOCATIONS OF GSIS UMID KIOSKS IN CEBU

ROBINSON’S
DEPARTMENTSTORE
Renewed partnership with LBP

LANDBANK as additional
service partner bank

320 branches, 902 ATMs


(70% of ATMs in the provinces)

All MEMBERS, PENSIONERS


will now have LBP as additional
service bank
Established 24/7 Contact Center
5
Tele-Service Access Numbers

Toll-free numbers:
Globe 1-800-8-8474747
Smart 1-800-10-8474747
6

Text blast
Provide advisory on:
 Release of claims, dividends
 eCrediting of loan proceeds
Website
www.gsis.gov.ph

• get quick, instant info


• download forms
• access eCard account
• view SOMA
GSIS: Maaasahan ng
Lingkod-Bayan
www.gsis.gov.ph
Ms. VILMA L. FUENTES
mvlfuentes@gsis.gov.ph
BM’s CP Line: 09177002427
GSIS CONTACTS
Website: www.gsis.gov.ph
Call center: 847 4747 – trunk line
1-800-8-847-4747 – Globe
1-800-10-847-4747-smart

Branch Manager’s mobile no. 09177002427


Email address: mvlfuentes@gsis.gov.ph

For immediate concern:


For Billing and collection and reconciliation concern:
nblastimosa@gsis.gov.ph– BCIRU Division Chief
For Claims Concern:
mggalicinao@gsis.gov.ph – FSU Division Chief
For AAO/LO concern:
rcgomez@gsis.gov.ph – BCU Team Leader
igzholganza@gsis.gov.ph - MAU Team Leader
Thank you very much!
Landmark Policies
Landmark Policies
NO MORE “ARAS”
Pensioners no longer required
to visit GSIS to renew active
status
- except for those living in
ARMM, abroad

Partnership with Philippine


Statistics Authority (formerly
NSO)
Program with PhilPost to do
home visits for old-age
pensioners Maaasahan ng
Lingkod - Bayan
97
Pensioners to receive
minimum pension of
Php 5,000
beginning January 2013
Landmark Policies

Restoration of Survivorship Benefits

Surviving spouses now receive pension


even if gainfully employed or have other
sources of income or pension.

Retroactive to Sept 2009

Filing for funeral/death benefit =


constructive notice of application

99

(as of 6 August 2015) 99


Landmark Policies

New Additional Benefits

Increased Funeral Benefit from Php20,000


to Php30,000 effective Sept. 1, 2015

One-time benefit equivalent to ONE


MONTH PENSION or Php10,000
whichever is lower

100

100
Landmark Policies

Additional Benefit - Milestone Benefit for


Pensioners as of 1 September 2015

Age Amount
90-94 y/o Php20,000

95-99 y/o Php50,000

100 y/o Php100,000


and above

101

101
Landmark Policies

Additional Benefit - Milestone Benefit for


Pensioners as of 1 September 2015

Starting 2 September 2015 and thereafter:


Age Amount
Pensioner who will turn 90 Php20,000

Pensioner who will turn 95 Php30,000

Pensioner who will turn 100 Php50,000

102

102
Landmark Policies
Option to Change Retirement Date,
Mode, and/or Benefit Option

Prospective retirees can now change the following even


after submitting retirement application:
• Retirement Date (as long as below 65 years old)
• Retirement Mode (RA 8291, RA 1616, RA 660)
• Retirement benefit option (5 years lump sum or 18x
BMP plus immediate pension)
Note: provided that retirement benefit has not been paid

103

103
Landmark Policies

Enhanced Emergency Loan Terms


• 6% interest rate
• 3-months grace period for first
payment
• No more service fee

20K Pension Emergency Loan


• Calamities strike pensioners as well
104

104
Pension loan now insured

• Pension loan now with redemption


insurance.

• Insurance guarantees that full amount of


funeral and survivorship benefits will be
received by survivors of deceased
pensioners.

Maaasahan ng
Lingkod - Bayan
105
Streamlining of Documentary Requirements

• Separate clearances from the Office of the


Ombudsman, Civil Service Commission and Office
of the President are no longer required.

• Instead, retiring members will submit a Declaration of


Pendency/Non-Pendency of Case.
Services are
now closer to stakeholders
Conduct of Pre-Retirement Seminars

110

110
Holding of pre-retirement
counseling seminars

• Held monthly at GSIS central and field offices


Schedule in Cebu – every 3rd Tuesday
• Discuss various retirement modes; how-to’s
on computing retirement claims
• Help choose the most beneficial retirement
option suited to your lifestyle

Maaasahan ng
Lingkod - Bayan
111
Deployed more GWAPS kiosks

112
GW@Ps kiosks
Deployed additional 750
GW@Ps nationwide
LOCATIONS OF GSIS UMID KIOSKS IN CEBU
> GSIS CEBU REGIONAL
OFFICE
> CEBU PROVINCIAL CAPITOL
 DEP-ED OFFICES
1. Region 7
2. Province
3. Cebu City Div.
4. Mandaue Div.
5. Lapulapu Division
LOCATIONS OF GSIS
UMID KIOSKS IN CEBU

CITIES -
*Bogo *Mandaue
*Carcar *Naga
*Cebu *Talisay
*Danao *Toledo
*Lapulapu
LOCATIONS OF GSIS UMID KIOSKS IN CEBU

ROBINSON’S
DEPARTMENTSTORE
Renewed partnership with LBP

LANDBANK as additional
service partner bank

320 branches, 902 ATMs


(70% of ATMs in the provinces)

All MEMBERS, PENSIONERS


will now have LBP as additional
service bank
GSIS HOSPITALIZATION SUPPORT
PROGRAM (GHSP)

• CEBU – PERPETUAL SUCCOUR HOSPITAL


– 50% DISCOUNT FOR GSIS SPONSORED
EQUIPMENTS/MACHINES
Up to 40% ON COMMON MEDICAL PROCEDURES
Up to 35% ON SPECIAL AND OTHER PROCEDURES
Up to 30% ON MEDICINES AND SUPPLIES
- 10% ON PROF. FEES BASED ON HMO RATE
GSIS: Maaasahan ng
Lingkod-Bayan
www.gsis.gov.ph

119
Loan payment terms
are much improved
Provided easier settlement of loan balance for retiring
members (CLASP)

 Empowers retirees on how to settle


outstanding obligations, in whole or in part

 No more forced deduction of housing loan


from retirement benefits; payment through the
Housing Loan Remedial and Restructuring
Program

Maaasahan ng
Lingkod - Bayan

121
Recording of accounts is
now more efficient
123
Restored benefits of members
in suspended agencies through MOAs

182 suspended agencies signed agreements with GSIS

Maaasahan ng
Lingkod - Bayan

124
Updating of accounts
(DepEd, DBM, GSIS MOA Signing)

125
Funds are safe and managed
prudently

Maaasahan ng
Lingkod - Bayan
126
GSIS is stable

Indicator 2013 2012 2011 2010

Assets 785.83 727.58 633.64 566.61

Comp. 44.13 93.25 73.21 63.91


Income

Claims and 83.39 65.54 54.27 46.04


Benefits

Actuarial life: 2047


127
Systems enhancements

• Electronic billing and collection


system (e-BCS)

• e-GSIS MO

• Added features of GWAPS (e.g. claims


application)

Maaasahan ng
Lingkod - Bayan

128
Systems enhancements

GSIS boosts network speed to improve service


The Government Service Insurance System (GSIS) is set to upgrade this August,
its existing telecommunication lines and acquire additional bandwidth for its
branch offices across the country, to further improve its service to members and
pensioners.

Under the project, GSIS will increase the telecommunication lines of remote GSIS
offices to provide fast and reliable wide area network (WAN) connections and
better network infrastructure support to GSIS employees in branch offices.
“A stronger interconnection among GSIS offices will improve productivity and
efficiency of our employees ultimately leading to the faster processing of benefits
of our members and pensioners,” President and General Manager Robert
Vergara said.

The increased bandwidth will also minimize network disruptions for more efficient
sharing of data among offices.
Maaasahan ng
Lingkod - Bayan

129
At the NEW GSIS, it’s all about serving our
members and pensioners with utmost
RESPECT, COURTESY and KINDNESS…

Maaasahan ng
Lingkod - Bayan

130
Thank you very much!