GSIS December Cash Gift – Are Dependent Pensioners Qualified For It?

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Guide on GSIS December Cash Gift Recipients This 2020

GSIS DECEMBER CASH GIFT – Here is a guide on whether or not dependent pensioners are qualified for the Christmas Cash Gift 2020.

Every last month of the year, the Government Service Insurance System or more commonly called as GSIS is giving a cash gift to its pensioners. It is one of the many benefits that pensioners of the state-run social insurance institutions are receiving.

The pensioners of GSIS are retirees of government agencies and offices. Most of its members are employees of the government and they remit a certain part of their monthly salary.

Accumulated monthly contribution or also called as GSIS savings qualify a member to a retirement benefit – either a monthly pension or a lump sum depending on the account of the retired member.

GSIS December Cash Gift

With regards to the GSIS December Cash Gift this 2020, GSIS previously clarified that the releasing of the cash gift is on or before December 12. Meanwhile, the agency assured that the processing has already started.

The amount to be received by the recipients may depend in the amount they got as a cash gift from GSIS in 2019. You may refer:

Old-age and disability pensioners of GSIS will receive the cash gift. How about the dependent pensioners or the dependents of the late pensioners of the government agency?

According to the social insurance institution, dependent pensioners are not qualified for the GSIS December Cash Gift. Pensioners whose pension is in a suspended status may receive the cash gift.

Thank you for visiting our website. We hope we have helped you with regard to this GSIS cash gift for its senior members. You may keep coming back for more informative guides.

READ ALSO: GSIS Christmas Cash Gift 2020 – Are Survivorship Pensioners Qualified For It?

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