How To File Claim for GSIS Retirement Benefits 2024 Offer for Members
GSIS RETIREMENT BENEFITS 2024 – You can check here a guide in filing your Retirement Benefit claim to the Government Service Insurance System.
Nowadays, more and more people are consciously making efforts to prepare for their senior years. One of the best moves to prepare for retirement is to ensure an update account to either the Social Security System (SSS) or the Government Service Insurance System, more popularly called GSIS.
The GSIS is the state-run social insurance agencies for the Filipinos who are working in the government. An active membership is required among the government employees and many individuals continued posting contributions even if they have already left the government employment.
An active account to the state-entity may qualify a member to the GSIS loans as well as the many different benefit offers that attend to different situations. Among these are the GSIS Retirement Benefits for members who have reached 60 years old.
The Government Service Insurance System provides different options for pensioners on whichever GSIS retirement programs they want to apply for. Here are the options for the retirees:
- RA 8291 (GSIS Act of 1997)
- Presidential Decree (PD) 1146
- RA 1616
- RA 660
The amount of the GSIS Retirement Benefits may vary depending on the total contributions of the retiring member, the Retirement Program that he/she has chosen, and the interest earned by the contributions. Meanwhile, here is the process in filing for a claim:
Step 1 — Check the Eligibility Requirements.
The qualifications depend on the eligibility set under the each retirement program. Here is a guide for you:
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.
Make sure to prepare the documentary requirements for GSIS Retirement Benefit Claim application. The documents will be used in the assessment and computation of the pension or the lump sum.
Step 3 — File Claim to GSIS.
Just like in other benefit offers, there are multiple ways that you can choose from in filing your claim for the GSIS Retirement Benefits. Here are the options for the members:
- 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 notify you regarding the Retirement Claim application result. Wait for an update from the state-run social insurance agency.