Guide on GSIS Unemployment Benefit vs. SSS Unemployment Benefit Features
GSIS UNEMPLOYMENT BENEFIT – Here is a comparison of its features against the SSS Unemployment Benefit offer.
In the Philippines, there are social insurance giants that have prepared safety nets for their members in case of job loss. Truth be told that losing one’s job could be one of the most challenging situations most especially in the case of the breadwinners, not to mention that the employment rate in the country is high.
Two (2) of the social insurance giants with unemployment benefits are the Social Security System, more popularly called SSS, and the Government Service Insurance System or the GSIS.
Millions of Filipinos are members of either the SSS or the GSIS — and many Pinoys are members of both as they have worked in both the government and the private sector. The GSIS Unemployment Benefit and SSS Unemployment Benefit bear different sets of features.
Here is a guide on the unemployment benefit offers of the Social Security System and the Government Service Insurance System which are among the GSIS benefits and SSS benefits for the members of the social insurance giants.
Eligibility Requirements
GSIS Unemployment Benefit
- separation was involuntary due to the abolition of member-employee’s office or position resulting from reorganization
- a permanent employee at the time of separation
- has paid at least one (1) year of monthly contributions prior to separation
SSS Unemployment Benefit
- has paid at least thirty-six (36) monthly contributions, twelve months (12) of which should be in the eighteen-month (18) period immediately preceding the month of involuntary separation
- has been involuntary separated from employment due to any of, but not limited to:
- Redundancy
- Installation of labor-saving devices
- Disease or Illness
- Retrenchment or downsizing
- Closure or cessation of operation
- must not be over sixty (60) years of age at the time of involuntary separation, except:
- In the case of an underground or surface mineworker, not over fifty (50) years old; or
- In the case of a racehorse jockey, not over fifty-five (55) years old.
- has no settled unemployment benefit within the last three (3) years prior to the date of involuntary separation
Loanable Amounts
GSIS Unemployment Benefit
50% of member’s average monthly compensation depending on the total contributions posted:
- 2-month benefits for members with at least one (1) year contributions but not more than three (3) years
- 3-month benefits for members with at least three (3)-year contributions but not more than six (6) years
- 4-month benefits for members with at least six (6)-year contribution but not more than nine (9) years
- 5-month benefits for members with at least nine (9)-year contribution but not more than 11 years
- 6-month benefits for members with at least 11-year contribution but not more than 15 years
SSS Unemployment Benefit
amount may be equal to 50% of the average monthly salary credits (AMSC) of the GSIS member; he/she may be granted up to twice of the said amount
Documentary Requirements
GSIS Unemployment Benefit
- duly-accomplished Application Form for Unemployment Benefits Under RA 8291
- Service Record indicating last day of service/actual date of involuntary separation , and Leaves of Absences With Pay or Without Pay
- Declaration of Pendency/Non-Pendency of case prior to electronic crediting or check printing
SSS Unemployment Benefit
- Original and photocopy of any primary identification cards (IDs) or documents
- Department of Labor and Employment (DOLE) Certification that proves the way and date of forceful job loss
- Notice of Termination from the Employer / Affidavit of Termination of Employment