Guide on the Qualifications for GSIS Pension for Retirees
Here are the qualifications for a GSIS pension based on the retirement programs of the Government Service Insurance System.
In the Philippines, millions of people are members of the Government Service Insurance System. More popularly called GSIS, it is a social insurance giant and the membership to it is mandated among the employees of the government.
GSIS members reguarly post monthly contributions to the state-run social insurance institution to maintain an active and updated account. Each benefit and loan offer of the state entity has required total number of contributions for eligibility for filing of claim or application.
Among the GSIS benefits, the one that is like a goal with regards to the membership is the GSIS Retirement Benefit. Under it, there are several Retirement Programs that a retiring member may choose from. Here are the GSIS Retirement Programs and their qualifications:
Republic Act 8291
- 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 1146
- has 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
Republic Act 1616 or the Take All Benefit
- entered government service before June 1, 1977
- has 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
Republic Act 660 or the Magic 87
- 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
- at least 52 years old and meet the corresponding years of service (YOS) required for eligibility
In case you did not qualify to any of the GSIS Retirement Programs above, you may opt for the GSIS Portability Law or the Republic Act 7699.
