GSIS Benefits

Unemployment
Years of Separation
(Involuntary separation from the service due to the Retirement3
Service (Resignation or Separation)1
abolition of his office or position2)
0 N/A
1 N/A
1 to less than 3 yrs.: 2 mos. X 50% AMC
2
3 Cash payment equivalent to the greater of:
4 3 to less than 6 yrs.: 3 mos. X 50% AMC
5 100% of AMC for each year of service he
6 paid contributions.
7 6 to less than 9 yrs.: 4 mos. X 50% AMC N/A
8 - Or -
9
9 to less than 11 yrs.: 5 mos. X 50% AMC
10 P12,000
11
12 (Payable upon reaching 60 years of age or
upon separation, whichever comes later.) 11 to less than 15 yrs.: 6 mos. X 50% AMC4
13
14
15 If below 60 y.o. -- cash payment equivalent
(1) Lump sum (BMP x 60; payable at the time of
to:
retirement) plus BMP for life (upon expiration of the
five-year (5) guaranteed period covered by the lump
18 x BMP (payable at the time of A member who has rendered at least Fifteen (15)
sum
resignation or separation) years service will be entitled to Separation Benefits
instead of the Unemployment Benefit. (Sec. 7.2.2,
- Or -
- Plus - GSIS Act IRR)
(2) 18 x BMP plus BMP for life (payable
BMP for life (upon reaching 60)
immediately; with no five-year (5) guarantee)

1
All accumulated unemployment benefits paid to the employee during his entire membership with the GSIS shall be deducted from voluntary separation benefits. A
Member separated for cause shall automatically forfeit his/her benefits, unless the terms of resignation or separation provide otherwise. In the case of forfeiture of
benefits, the separated employee shall be entitled to receive only One-half () of the cash surrender value of his/her insurance.
2
Must have been paying contributions for at least 1 year prior to the abolition of office or separation.
3
At least 60 y.o. At least 15 years in service. Must not be receiving a monthly pension benefit from permanent total disability. Compulsory retirement age is 65 with at
least 15 years of service. A member with less than 15 years may be allowed to continue in accordance with Civil Service rules.
4
Maximum is 3 x AMC. Should you just opt for (voluntary) separation benefits?
 Permanent Total
Disability
Either:
(a) BMP for life if less than
180 monthly contributions
(MCs); or
In service.
(b) BMP for life plus 18
BMP if at least 180 MCs
prior to disability.
Permanent Partial Temporary Total Survivorship
Disability Disability Primary Beneficiaries5 Secondary Beneficiaries6
If at least 3 years in service.
75% of current daily
compensation Cash payment equivalent to
Survivorship pension.
(beginning not earlier the greater of:
(50% BMP + Dependent
BMP X no. of PTD than 4th day of disability
childrens pension)
months as and exhaustion of paid 100% of AMC for each year
recommended by the sick leaves). of service he paid
If at least 3 years in service,
GSIS medical evaluator contributions.
plus 100% AMC for every
120 days max. per year
year of service.
240 days max. total. - Or -

P12,000
Same benefit as above Same benefit as above Survivorship pension if: Cash payment if:
BMP for life if:
if: if:
(a) At least 3 years in (a) At least 36 MCs within the
(a) At least 36 MCs within
(a) At least 36 MCs within (a) At least three (3) service and paid at least 36 5-year period immediately
Not in service the 5-year period
the 5-year period years of service; and MCs within the 5-year period preceding disability; or
but meets immediately preceding
immediately preceding immediately preceding
alternative disability; or
disability; or (b) At least 6 MCs in the disability; or (b) At least 180 MCs prior to
requirements.
12-month period disability.
(b) At least 180 MCs prior to
(b) At least 180 MCs prior immediately preceding (b) At least 180 MCs prior to
disability.
to disability. his disability. disability. (Sec. 10.3.3(b), GSIS Act
IRR)
Not in Cash payment equivalent
service. to the greater of:
Does not Cash payment equivalent
meet 100% of AMC for each year to the greater of:
required of service he paid
number of contributions. 100% of AMC for each year
contributi of service he paid
N/A N/A N/A
ons. - Or - contributions.
Rendered
at least 3 P12,000 - Or -
years of
service. (Unlike the separation P12,000
benefit, this is payable
immediately.)

5
The legitimate spouse, until he/she remarries, and the dependent children.
6
Dependent parents and legitimate descendants.
! Disability must not be due to members grave misconduct, notorious negligence, habitual intoxication, or willful intention to kill himself or another.
! Unless member has reached 60 years of age, disability benefit shall be suspended if he is (1) reemployed; (2) recovers; or (3) fails to present himself for medical
examination when required by the GSIS.