Guide on the GSIS Benefits Members May File A Claim For
GSIS BENEFITS – Here are the benefit offers of the Government Service Insurance System for the qualified members.
In the Philippines, one of the biggest state-run social insurance institutions is the Government Service Insurance System or more popularly called GSIS. Millions of Filipinos are members of the GSIS.
The membership to GSIS is compulsory for all the employees of the government who receive compensation regardless of the employment status and those who are not 65 years old and above at the time of election or appointment to the government service.
However, under the Republic Act No. 8291, there are government employees that are not GSIS members such as the following:
- Uniformed personnel of the Armed Forces of the Philippines
- the Philippine National Police
- the Bureau of Jail Management and Penology
- the Bureau of Fire Protection
- Contractual, casual and other employees who have no employer-employee relationship
- Barangay and Sanggunian officials who are not receiving fixed monthly compensation
Every month, GSIS members pay for the contribution based on the rates set by the state-run social insurance giant. In most cases, the contribution is automatically deducted from the payroll.
On the other side of the cut on the monthly salary for the GSIS contribution are long lists of loan offers and GSIS benefits that the members of the state entity may avail. It has the following benefit offers:
- Unemployment Benefit
- Disability Benefit
- Survivorship Benefit
- Retirement Benefit
- Separation Benefit
- Funeral Benefit
- Employees Compensation
Let us tackle the GSIS benefits one-by-one to know fully the advantages of maintaining an active account to the Government Service Insurance System. Let us begin with the Unemployment Benefit offer for the members.
Countless individuals undeniably want to be part of the public service because of the “stability” in terms of employment. Government agencies are not at risk in the face of economic challenges as much as private companies and business are in.
However, truth be told that there are still cases when an agency, a department, or an office under the government were abolished. There were also cases when certain positions are removed following a revamp. This is where teh GSIS Unemployment Benefit may set it.
