Guide on GSIS Portability Law Application Process
GSIS PORTABILITY LAW – Here is a guide on how to apply for the Republic Act 7699, a retirement program of the Government Service Insurance System.
Even if you have not met the required number of contributions for the Retirement Benefit offer of the Government Service Insurance System, more popularly called GSIS, you have something to turn to — the Republic Act 7699 or also called the GSIS Portability Law.
Truth be told that the Retirement Benefit is the most motivational factor why GSIS members do their best to maintain an active and updated account. It is an assurance that you will not be financially left with nothing after you retire from work.
There are pretty good GSIS Retirement Benefits under R.A. 660 Magic 87 as well as the GSIS Retirement Benefits under R.A. 1616 “Take All”. However, not all members can meet the required number of contributions. This is where the GSIS Portability Law sets in.
Who are qualified to apply for the GSIS Retirement Benefit with the Portability Law? It is open for members of the GSIS who are…
- not entitled for the pension benefit from either or both the Government Service Insurance System (GSIS) or the Social Security System (SSS) because of failure to meet the requirement period of service or number of contributions
- has less than 120 months of SS contributions or less than 180 months of creditable government service (GSIS) at the time of retirement
Under the said retirement program, a retiring member will get the total of his/her contributions to the state-run social insurance agency including those paid by his/her employer. It shall be proportionate to the services rendered by the member.
To apply, prepare the requirements for GSIS Portability Law filing of claim, a clear photo of you holding your GSIS UMID Card, a clear photo of your two (2) valid IDs, and a clear photo of you holding your two (2) valid IDs.
Download the GSIS application form saving it in the form of JPEG or PDF file. Email your documents to your GSIS handling branch and wait for the confirmation from the state-run social insurance agency.