GSIS Retirement Benefit 2023 — How To File Claim & the Requirements You Must Prepare

Guide on How To Claim GSIS Retirement Benefit 2023 Offer for Members

GSIS RETIREMENT BENEFIT 2023 – Here is a guide on how to file a claim for the Government Service Insurance System benefit offer for members.

Millions of Filipinos are Government Service Insurance System (GSIS) members. It is one of the biggest state-run social insurance institutions in the country and most of its members are former and current employees of the government.

GSIS
Photo Credit: Real Estate News Philippines

Every month, the GSIS members submit a monthly savings to the state-run social insurance agency. Accumulated savings may qualify a member to the loans and benefits offered by the state agency.

One of the benefit offers is the GSIS Retirement Benefit 2023. Undeniably, it is the benefit that the members look forward to the most. It is an assurance that you have something to turn to when old age comes.

GSIS Retirement Benefit 2023
Photo Credit: iAfrica

In the Government Service Insurance System, pensioners have several Retirement Programs that they can choose from. Here are the options for pensioners:

  • RA 8291 (GSIS Act of 1997)
  • Presidential Decree (PD) 1146
  • RA 1616
  • RA 660

With regards to the amount of the pension, it is dependent on the Retirement Program chosen, the type of payment, and the total contributions of the member-retiree. There is an easy process for GSIS Retirement Benefit 2023 claim application. Here’s a guide:

Step 1 — Check the Eligibility Requirements.

The eligibility criteria under the GSIS Retirement Benefit 2023 depends on the Retirement Program that you have chosen. Here is a complete guide:

RA 8291 or the GSIS Act of 1997

  • must have rendered at least 15 years of service and must be at least 60 years old upon retirement
  • must not be permanent total disability pensioner

Presidential Decree (PD) 1146

  • must have rendered at least 15 years of service and must at least be 60 years old upon retirement
  • last 3 years of service prior to retirement must be continuous and your employment status is permanent

RA 1616 or the Take All Benefit

  • must have entered government service before June 1, 1977
  • must have rendered at least 20 years of service regardless of age and employment status
  • last 3 years of service prior to retirement must be continuous, expect in cases of death, disability, or abolition of position due to reorganization

RA 660 or the Magic 87

  • must have entered government service before June 1, 1977
  • appointment status must be permanent
  • last 3 years of service prior to retirement must be continuous, except in cases of death, disability, or abolition of position due to reorganization
  • must be at least 52 years old and meet the corresponding years of service (YOS) required for eligibility
Step 2 — Prepare the Documentary Requirements.

To claim a Retirement Benefit from the Government Service Insurance System, there are requirements for GSIS Retirement Benefit Claim application that you must prepare and submit to the state-run social insurance agency. Make sure you have all the documents needed.

Step 3 — File Claim to GSIS.

There are several ways to file for a claim to the Government Service Insurance System. Here are the options that you may consider:

  • Over-the-Counter
    • Go to a branch of GSIS nearest to you and submit all your requirements for the GSIS Unemployment Benefit 2023 application.
  • Online Process
    • Fill out the application form and prepare your documentary requirements in JPEG or PDF files.
    • Email your files to your designated email address with the subject containing the following information:
      • TYPE OF GSIS BENEFIT (underscore) BP NUMBER (underscore) LASTNAME (underscore) FIRSTNAME (underscore) AGENCYNAME
    • Wait for the following:
      • Email aAcknowledgement from GSIS
      • Tentative Loan Computation and Loan Conformity
      • Notification of incomplete and/or non-compliant documents (if applicable)
  • GWAPS KIOSK
    • Find a GWAPS KIOSK nearest to you
    • Place your UMID and thumb mark on the GWAPS kiosk.
    • Choose the benefit you wish to file a claim for and follow the instructions to complete the filing of claim.
  • EGSISMO
    • Log in to your GSIS account.
    • Choose the benefit you wish to file a claim for and follow the instructions to complete the process.
Step 4 — Wait for the Release of your Money.

The Government Service Insurance System (GSIS) will update you about the status of your Retirement Claim application.

Leave a Comment