Why GSIS Pensioners Will Receive Bigger Amount This December 2020

GSIS Pensioners To Receive Bigger Amount This Month, GSIS President Says

GSIS PENSIONERS – The pensioners of the Government Service Insurance System will receive a bigger amount this December 2020.

Not only the working individuals await cash gifts and Christmas bonuses this December. Many pensioners will also receive certain amounts because of their membership to social insurance institutions.

Among these pensioners are those who are receiving their monthly pension from the Government Service Insurance System. It is called as the “cash gift” and is usually released within the first and second weeks of December.

According to GSIS President and General Manager Rolando Macasaet, the GSIS pensioners will receive a bigger amount this December 2020.

GSIS Pensioners

Macasaet explained that aside from the GSIS Christmas Cash Gift and their December pension, there is also no loan deduction this month as part of the implementation of the loan moratorium amid the COVID-19 pandemic.

The GSIS President said that GSIS pensioners will receive their monthly pension in full now amid the implementation of the loan moratorium. With regards to the cash gift, the amount that a pensioner will receive may be estimated through the previous cash gift.

According to GSIS, they have already started with the processing the requirements of the Christmas cash gift and once they are done with it, it may be credited to the accounts of the qualified recipients. They can withdraw it through their eCards together with their monthly pension.

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READ ALSO: GSIS Christmas Cash Gift – Are Pensioners Living Abroad Qualified For It?

10 thoughts on “Why GSIS Pensioners Will Receive Bigger Amount This December 2020”

  1. This is for clarification purposes, I retired last December 22, 2019 under RA 8291. When will we pensioners under RA 8291 be qualified to receive cash gift or Christmas bunos. Thank you po.

    Reply
  2. I availed of the 18months + monthly pension Have not receive cash gift or bonus since Dec. Of 2016.. Is there a possibility that this 2020 considering the pandemic, I have can receive this bonus & cash gift?

    Reply
  3. Good day! i have a comment about my mother’s pension this December 2020
    She already got it. but still have a deduction on her loan. so what we can do about it. thanks.

    Reply

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