Guide on How Much Is the GSIS Survivorship Pension for the Spouse, Children of Deceased Member
HOW MUCH IS GSIS SURVIVORSHIP PENSION – Here is a guide on the amount that the spouse and children of a deceased member will get.
The Government Service Insurance System’s benefits is not only limited to the members of the state-run social insurance institution. There are also benefit offers crafted for the assistance of the family and beneficiaries/dependents of the GSIS members.
The Government Service Insurance System (GSIS) recognizes that the pension of the members “is an earned right and not a privilege”. Thus, it crafted a benefit for the welfare of the family of the GSIS member incase the member dies — the GSIS Survivorship Pension.
The order of the granting of the survivorship pension is as follows:
- Primary Beneficiaries
- Legal spouse until he/she marries again, co-habits or engages in a common-law relationship
- Legal, legally adopted or legal children, and illegitimate children of the deceased GSIS member who are minors or have reached the age of majority but still incapable of self-support
- Secondary Beneficiaries
- Parents
How Much Is GSIS Survivorship Pension? The exact amount may vary but the Government Service Insurance System has provided the percentage rate that the legal spouse and the minor children will get as a monthly survivorship pension. It is apart from the GSIS Funeral Benefit amount that the family may get.
According to GSIS, the surviving spouse will get 50% or half of the basic minimum pension of the deceased member. With regards to the Survivorship Pension of the minor children of the deceased GSIS member, every minor child will get an equivalent of 10% of the minimum pension of his/her deceased parent monthly until he/she reaches the age of majority.
There are requirements for the GSIS Survivorship Benefit claim for the legal spouse and the minor children of every deceased GSIS pensioner who passes the eligibility criteria.