GSIS Announces Releasing of Christmas Cash Gift for Pensioners
The Government Service Insurance System announced that the GSIS Christmas Cash Gift will be released starting December 6, 2023.
Every December or on the few months leading to it, countless individuals are looking forward to extra cash gifts and pays that they will be getting. In the case of locally-employed individuals, many of them are excited about their 13th month pays.
In the case of pensioners, some of the state-run social insurance institutions offers a cash gift — just like the GSIS Christmas Cash Gift for the pensioners of the Government Service Insurance System. There are thousands of pensioners of the state-run social insurance institution across the nation.
The GSIS always makes sure that the cash gift is released to the pensioners not later than December 20 recognizing that the money may be spent for the holiday expenses or the things that the pensioners want to buy.
Recently, the Government Service Insurance System announced that the GSIS Christmas Cash Gift for the pensioners this year will be released starting December 6, 2023. According to GSIS President and General Manager Wick Veloso, more than P3.47 billion will be released as cash gift to the pensioners.
The state social insurance institution also clarified the qualifications for the GSIS Christmas Cash Gift for the pensioners.
The Government Service Insurance System said that more than 300,000 pensioners are qualified to receive the GSIS Christmas Cash Gift offer. The cash gift will be credited to the GSIS eCard of the pensioners.
The state-run social insurance institution made the announcement early according to Veloso recognizing that the pensioners await for an update. It is also a way for them to plan ahead when to withdraw their cash gift or regarding the purpose on where they will be using the money.