Life Insurance One of the many benefits of being a GSIS member is life insurance.

GSIS gives you and your loved ones that much needed peace of mind. GSIS has two insurance programs available: Enhanced Life Policy The GSIS provides life insurance coverage to you, GSIS member, even the very first day you entered government service after receipt of payment of the 1st monthly premium. If you entered the government service after uly !1, "##!, you are automatically covered with an $nhanced %ife &olicy '$%&(. )embers whose policies have matured will also be covered by the $%&. Life Endowment Policy *s a GSIS member, you automatically en+oy life insurance benefits, providing protection for you and your loved ones. If you entered the service prior to *ugust 1, "##!, you are entitled to the %ife $ndowment &olicy '%$&(. %$& also provides coverage against death whether due to natural or accidental causes, permanent total disability and other benefits upon maturity or separation from the service. *part from the superior life insurance pac,ages these programs offer, policy holders can also avail of policy loan. Policy Loan &olicy loan is a loan program which you can avail from your GSIS life insurance policy. The uni-ue features of the &olicy %oan are: 'a( payment is not mandatory 'unli,e other GSIS loan products( and 'b( it is renewable every year. Retirement Programs

.ou have spent years wor,ing for the government. GSIS ensures that you are sufficiently rewarded when you finally decide to ta,e that big step towards retirement. The GSIS offers various retirement programs depending on the -ualifications of the member. GSIS has retirement pac,ages generally ac,nowledged to be one of the most generous in the country/ensuring financial freedom for its members, especially after they leave the service. Disability

0isability benefits are benefits granted to a member due to the loss or reduction in earning capacity caused by a loss or impairment of the normal functions of the employee1s physical and2or mental faculties as a result of an in+ury or disease. The loss in earning capacity shall be determined on the basis of the following: 1. The employee1s actual loss of income from the usual occupation ". The capacity to engage in any other gainful occupation because of impairment A disability may either be: &ermanent Total &ermanent &artial Temporary Total In+uries resulting in any of the following are deemed &ermanent Total 0isability '&T0( a. 3omplete loss of sight of both eyes b. %oss of two limbs at one or above the an,le or wrist c. &ermanent complete paralysis of two limbs d. 4rain in+ury resulting in incurable imbecility, insanity or other irreversible conditions The benefits for &artial Total 0isability are as follows. 1. If the member is in the service with less than 15 years of service, benefit can be either: a. 4asic )onthly &ension ". If the member is in the service with at least 15 years of service, benefit can be either: a. 4asic )onthly &ension b. 3ash payment of 16 times the 4asic )onthly &ension !. If the member is separated from service with !7 monthly contributions within the 58year period immediately preceding &T0, benefit can be either: a. 4asic )onthly &ension 9. If the member is separated from service with 16# monthly contributions prior to &T0, benefit can be either: a. 4asic )onthly &ension 5. If the member has at least ! years service with contributions, but &T0 occurs 5 years after separation from the service, benefit is: 3ash payment e-ual to 1##: of *)3 ; Service 'but not less than &1",###( payable immediately. <o more separation benefit shall be paid in the future. In+uries resulting in any of the following are deemed &ermanent &artial 0isability '&&0( 3omplete and permanent loss of the use of: any one finger, any toe, one arm, one hand, one foot, one leg, one or both ears, sight of one eye or such other cases as may be determined by the System The benefits for Permanent Partial Disability are as follows:

1. If member is in the service, benefit is: 3ash payment 3& = 4)& ; nos. of &T0 months as recommended by the GSIS medical evaluator ". If the member is separated from the service but has paid !7 monthly contributions within the last 5 years immediately preceding the disability or has paid at least 16# monthly contributions, benefit is: 3ash payment 3& = 4)& ; nos. of &T0 months as recommended by the GSIS medical evaluator

Employees' ompensation

The $mployees1 3ompensation '$3( benefits or disability benefits is a compensation pac,age for public and private sector employees and their dependents in the event of wor,8related in+ury, sic,ness, disability or death. The $3 is a purely employer8based contribution benefit. Thus, the employee is not re-uired to contribute any amount to the program. The employee compensation benefits are in the following options: 1. 3ash income benefits for disability or death ". )edical and related services for in+ury or sic,ness !. >ehabilitation services ' in addition to monthly cash income benefit( for permanent disability The benefits gi!en to the employee or his beneficiaries are in the form of: 1. 0aily cash income benefit for temporary total disability 'TT0( ". )onthly cash income benefit for permanent total disability '&T0( on a lifetime basis !. )onthly cash income benefit for permanent partial disability '&&0( 9. )onthly cash income benefit for death, also on a lifetime basis, e?cept for benefit paid to secondary beneficiaries, which is a monthly pension not to e?ceed 7# months but not less than fifteen thousand pesos 5. )edical services, appliances and supplies for in+ury or sic,ness 7. >ehabilitation services for permanent disability @. 3arer1s allowance for permanent disability. The ompensability onditions are as follows:

1. In+ury must be the result of accident arising out of and in the course of employment. ". Sic,ness must be listed 2considered an Aoccupational diseaseAB or even if not listed as one, it must be shown that the ris, of contracting the sic,ness is increased by the wor,ing conditions. !. 0isability20eath is caused by wor,8connected in+ury or sic,ness There are e"ceptions to ompensability or in#ury$ sic%ness$ disability or death& These e"ceptions are applicable when any of these is due to the employee's: 1. Into?ication or drun,enness ". Cillful intention to in+ure or ,ill himself or another !. <otorious negligence 9. <ot wor,8related 'ere are the (ccupational Diseases under PD)*) 1. &apilloma of the bladder ". 3ancer, epithellomatous or ulceration of the s,in or of the corneal surface of the eye !. 3ataracts 9. 0eafness 5. 0ecompression sic,ness, 3aisson disease, and *eroembolism 7. 0ermatitis due to irritants and sensitiDers @. Infections, namely: *nthra?, 4rucellosis, Glanders, >abies, Tuberculosis, Tularemia, Ceill1s disease, E Fever or e-uine encephalomyelitis, )ite dermatitis 6. IoniDing radiation disease, inflammation, ulceration or malignant disease of the s,in or subcutaneous tissues of the bones or leu,emia or anemia of the aplastic type due to ;8 rays, ioniDing particles, radium or other radioactive substances, namely: *cute radiation syndrome: 3hronic radiation syndrome and Glass blower1s cataract G. &oisoning 1#. &neumoconiosis 11. 0iseases caused by abnormalities in temperature and humidity 1". Hascular disturbance in the upper e?tremities due to continuous vibration from pneumatic tools or power drills, riveting machines or hammers 1!. Hiral hepatitis 19. &oisoning by cadmium

15. %eu,emia and lymphoma 17. 3ancer of the stomach and other lymphatic and blood forming vessels, nasal cavities and sinuses 1@. 3ancer of the lungs, liver and brain 16. 3ardio8vascular diseases 1G. 3erebro8vascular accidents "#. )alaria and schistosomiasis "1. &neumonia "". Iernia "!. 4ronchial asthma "9. Osteoarthritis "5. Hiral encephalitis "7. &eptic ulcer "@. &ulmonary tuberculosis "6. Hiral hepatitis "G. $ssential hypertension !#. *sbestosis +urial +enefits 0eath, although inevitable, is always an unpleasant incident in every one1s life. It can also be costly to those who we leave behind. 4ut with GSIS1s funeral benefit, our survivors will have less to worry about.

,chedule of A!ailability of ,er!ice )onday to Friday, 6:## a.m. to 5:## p.m. with no noon brea,

Eligible to A!ail of the ,er!ice 1. Surviving Spouse

". *ny of the following persons who can present receipt2s of e?penses, provided that the surviving spouse, if still living, has ac,nowledged that this person shouldered the funeral e?penses
o o

J 3hildren of the deceased member or pensioner J For single deceased member or pensioner, relatives up to second degree of consanguinityB and

J *ny claimant other than children

Documentary Re-uirements 1. If claimant is the spouse

o o o

J 0eath 3ertificate issued by the %ocal 3ivil >egistrar '%3>( or <SO J )arriage 3ontract of member issued by <SO J 4irth 3ertificate of spouse issued by the <SO or %3> or two '"( valid government issued I0s with date of birth and picture if claimant is not a GSIS member

J 3ertification of %ast 0ay of *ctual Service '%0*S(, if member died in active service

". If claimant is other than the spouse

o o o o

J *ffidavit of Funeral $?pensesB J 0eath 3ertificate of member issued by the %ocal 3ivil >egistrar '%3>( or <SO J 0eath 3ertificate of spouse issued by the %ocal 3ivil >egistrar '%3>( or <SO J If legal spouse is living, duly notariDed waiver of the legal spouse in favor of the claimant

o o

J Two '"( valid I0s of the legal spouse with signature J If claimant is not a GSIS member, 4irth 3ertificate of claimant issued by the <SO2%3> or two '"( valid government issued I0s with date of birth and signature

o o

J Official >eceipt issued to the claimant J3ertification of %ast 0ay of *ctual Service '%0*S(, if member died in active service

.ote 1. *dditional documents may be re-uired by the Operating Knit 3oncerned 'OK3( if documents submitted have discrepancies 'e.g. name, appellation( ". Original documents should be submitted by the claimant. If photocopy, original should be presented to the Frontline Staff for authentication !. *dditional documents may be re-uired by the OK3 if with adverse claim

,ur!i!orship &rint this &age Chen a member or pensioner dies, his or her beneficiaries are entitled to cash and2or pension benefits, sub+ect to the e?isting rules and regulations on survivorship and policies on the ma?imum amount of survivorship pension. Coverage L *ll primary and secondary beneficiaries residing in the &hilippines or abroad who are e?isting survivorship pensioners or claiming for survivorship benefitB L Those who were receiving survivorship benefits but were suspended when the policy on the same was amended and implemented in *ugust "##GB and L Those who applied for survivorship benefits but were disapproved due to the issuance2approval of )anagement Implementing Guidelines ')IG( #18"##G dated October "", "##G that too, effect as early as *ugust "##G, and )IG #98"#1# dated *pril "7, "#1#.

Eligibility Requirements 1. Chen a member or pensioner dies, the primary beneficiaries 'surviving legal spouse and dependent children( or secondary beneficiaries, as the case may be, shall be entitled to the applicable survivorship benefits. ". The primary beneficiariesM1N shall be the following:
o

J The legitimate spouse, until s2he re8marries, or co8habits2engages in common8 law relationshipB and

J The dependent legitimate, legally adopted or legitimated children, including illegitimate children, who have not reached the age of ma+ority, or, have reached the age of ma+ority but incapacitated and incapable of self8support due to a mental or physical defect ac-uired prior to age of ma+ority

!. The secondary beneficiaries shall be the dependent parents and, sub+ect to the restrictions on dependent children, the legitimate descendantsM"N. The secondary beneficiaries shall only be entitled to survivorship benefits if there are no primary beneficiariesM!N. /a"imum Amount of ,ur!i!orship Pension 1. The surviving spouse shall be entitled to basic survivorship pension which is fifty percent '5#:( of the 4asic )onthly &ension '4)&( but not to e?ceed fifty percent '5#:( of the current Step 6M9N salary of an Kndersecretary, pursuant to the Salary StandardiDation %aw and its amendments. For e?ample, if the salary of an Kndersecretary is e-ual to &7!,!6#.## and the 4)& of the deceased member2pensioner is e-ual to &@#,###.##, the ma?imum amount of survivorship pension is &!1,7G#.## '5#: of &7!,!6#.##( for the surviving spouse, not &!5,###.## '5#: of &@#,###.##(. Iowever, the e?isting survivorship pensioners 'surviving spouse( who are receiving more than the said limit shall not be sub+ected to this policy. For survivorship pensioners whose survivorship pensions were suspended as a result of the previous policy, the amounts accruing for the period they were suspended shall be restored by the GSIS, sub+ect to the ma?imum amount of survivorship pension provided under this policy.On the other hand, for surviving spouse whose applications for survivorship benefits were denied as a result of the previous policy, their applications may be submitted to GSIS, and if found to be -ualified, their benefits shall be granted and computed retroactively, sub+ect to the ma?imum amount of survivorship pension provided under this policy. ". The dependent children shall be entitled to dependent childrenOPQs pension for a ma?imum of five '5( children, e-uivalent to 1#: of the 4)& for each child but not to

e?ceed fifty percent '5#:( of the 4)&, counted from the youngest and without substitution. !. The ma?imum amount of basic survivorship pension prevailing at the time of death of the member or pensioner shall apply.R *ny subse-uent increase2s in the Step 6 salary of an Kndersecretary will not result in any ad+ustment to the survivorship pension already being received by the surviving spouse. Disqualification / Discontinuance to Entitlement to Survivorship Pension of Dependent Spouse and/or Children 1. The payment of survivorship pension to the surviving spouse shall be discontinued when s2he re8marries, cohabits2engages in common8law relationship. ". In the case of the dependent children, survivorship pension shall be discontinued upon reaching the age of ma+ority. !. Chen the dependent spouse and dependent children are already receiving the basic survivorship pension and dependent childrenOPQs pension, respectively, any subse-uent death, emancipation or dis-ualification of any one of them shall not result in the accrual of that portion of benefits to the other beneficiaries. Documentary Requirements +asic Documents 1. *pplication Form ". Ombudsman 3learance !. 0eath certificate of member2pensioner issued by the <ational Statistics Office '<SO( 9. %ast 0ay of *ctual ServiceB and 5. Two '"( valid I0s of payees

If /arried 1. )arriage certificate between the deceased and his2her spouse issued by <SO ". *ffidavit of Surviving spouse !. If spouse is not a GSIS member, 4irth 3ertificate issued by <SO 9. 4irth 3ertificate2s of minor2incapacitated children issued by <SO 5. If with minor2incapacitated children, *ffidavit of Guardianship 7. If the legal guardian is not the natural parent, the affidavit should be supported by a 3ertification from the 4arangay and 0SC0

If ,ingle

1. If with minor2incapacitated children, *ffidavit of Guardianship ". If the legal guardian is not the natural parent, the affidavit should be supported by a 3ertification from the 4arangay and 0SC0B and !. If guardian is not a GSIS member, 4irth 3ertificate issued by <SO

If without primary beneficiary 0with Parents1 1. 4irth 3ertificate of member issued by <SO ". )arriage 3ontract of memberOPQs parents issued by <SO !. 4irth 3ertificate of memberOPQs parents issued by <SO if parents are not GSIS members2pensioners.

If without primary beneficiary 0without Parents2 with ,iblings1 1. 4irth 3ertificate of member issued by <SO ". )arriage 3ontract of member1s parents issued by <SO !. 0eath 3ertificates of member1s parents issued by <SO 9. 4irth 3ertificate of member1s parents issued by <SO 5. *ffidavit of Surviving %egal Ieirs stating among others that affiants are the only surviving legal heirs of the deceased member, their date of birth and relationship to the deceased member and that they are e?ecuting the document for the purpose of claiming the benefit from GSIS 7. 4irth 3ertificate of all the siblings of the deceased member issued by <SO @. )arriage 3ontract of all the female siblings of the deceased member issued by <SO 6. If with deceased brother or sister, e?tra +udicial settlement among the legal heirs of the deceased brother 2 sister of the member designating one payee

Additional Re-uirements for /uslim /embers 1. &roof of Surviving legal heirs indicating all the wives and children ". If only one '1( spouse is claiming: submit duly notariDed affidavit that her husband has no other marriages2wife !. 3ourt Order for Guardianship should be issued in the absence of parent for minor children 9. *pplication for survivorship must be duly endorsed by the office and a certification indicating the legal spouse2s and children2s of the deceased

Effectivity The above policies on survivorship benefits shall be implemented retroactively from the time the e?isting policies on eligibility re-uirements of a surviving spouse to survivorship benefits were adopted. M1N Sections " 'f( and 'g(, >epublic *ct <o. 6"G1 M"N Sections " 'h( M!N Section "1 'c( M9N Step 6 is e-uivalent to &7!,!6#.##.

Frequently As ed !uestions on Survivorship "enefits 3hy did the 4,I, re!ise the e"isting policy on the grant of sur!i!orship benefits5 The e?isting policies on the grant of survivorship benefits were revised by )anagement with the goal of granting e-uitable benefits to survivorship pensioners, ta,ing into consideration the specific provisions under the Family 3ode, such that dependency for support of the surviving spouse to the deceased GSIS member shall not be dictated by the surviving spouseOPQs financial status or capability.R Given the said revisions, members and pensioners are secured of their future benefits in GSIS without compromising the financial viability of the Social Insurance Fund. 3ho will be co!ered by this new policy5

The following shall be covered by this new policy: 1. *ll primary and secondary beneficiaries residing in the &hilippines or abroad who are e?isting survivorship pensioners or claiming for survivorship benefitBR ". Those who were receiving survivorship benefits but were suspended when the policy on the same was amended and implemented in *ugust "##GB and !. Those who applied for survivorship benefits but were disapproved due to the issuance2approval of )anagement Implementing Guidelines ')IG( #18"##G dated October "", "##G that too, effect as early as *ugust "##G, and )IG #98"#1# dated *pril "7, "#1#. 3ho are the primary and secondary beneficiaries5

The primary beneficiaries shall be the following: 1. The legitimate spouse, until he2she re8marries, or co8habits2engages in common8law relationshipB and ". The dependent legitimate, legally adopted or legitimated children, including illegitimate children, who have not reached the age of ma+ority, or, have reached the age of ma+ority but incapacitated and incapable of self8support due to a mental or physical defect ac-uired prior to age of ma+ority. The secondary beneficiaries shall be the dependent parents and, sub+ect to the restrictions on dependent children, the legitimate descendants. 3hen will a sur!i!ing legal spouse or dependent children be dis-ualified from recei!ing the sur!i!orship pension5 The payment of survivorship pension to the surviving dependent spouse shall be discontinued when he2she re8marries or cohabits2engages in common8law relationship. On the other hand, the dependent children shall be dis-ualified from receiving the survivorship pension once he2she reaches the age of ma+ority. 3hat will happen to the sur!i!orship pension being recei!ed by the sur!i!ing spouse and dependent children when any of them dies or becomes dis-ualified from recei!ing the sur!i!orship pension5 Chen the surviving spouse and dependent children are already receiving the basic survivorship pension and dependent childrenOPQs pension, respectively, any subse-uent death, emancipation or dis-ualification of any one of them shall not result in the accrual of that portion of benefits to the other beneficiaries. 'ow will the beneficiaries claim for sur!i!orship benefits5

The application for survivorship benefits should be filed together with the documentary re-uirements, including the following affidavits: 1. *ffidavit of Surviving SpouseB ". *ffidavit of Guardianship of Incapacitated 0ependent 3hild.R The *ffidavit shall be supported by a court order.R In the absence of a court order, the *ffidavit shall be supported by a 3ertification of Guardianship from the 4arangay 3aptain and the 3ity2)unicipal Social Celfare Iead where the incapacitated dependent child is residingB and !. *ffidavit of Guardianship of )inor 0ependent 3hild.R The *ffidavit shall be supported by a court order. In the absence of a court order, the *ffidavit shall be supported by a

3ertification of Guardianship from the 4arangay 3aptain and the 3ity2)unicipal Social Celfare Iead where the minor dependent child is residing.

3ill the secondary beneficiaries and legal heirs be re-uired to comply with the submission of the Affida!its5 The secondary beneficiaries and legal heirs, since they are not entitled to pension, shall not be re-uired to comply with the submission of the said affidavits. 'ow can a child of minor age or with physical or mental incapacity claim for sur!i!orship benefits5 The guardian of the minor child or child with physical or mental incapacity should secure a court order.R In the absence of a court order, the *ffidavit shall be supported by a 3ertification of Guardianship from the 4arangay 3aptain and the 3ity2)unicipal Social Celfare Iead where the dependent child is residing.R This should be submitted to the GSIS as a supporting document to the application for survivorship benefits and to the *ffidavit of Guardianship of )inor 0ependent 3hild or Incapacitated 0ependent 3hild. 3hat will happen if the sur!i!orship pensioners fail to e"ecute the Affida!it of ,ur!i!ing ,pouse6 hildren for that year5 Failure on the part of the survivorship pensioner2s to submit the re-uired affidavit shall be a ground for the suspension of the survivorship pension. 3hen will the secondary beneficiaries be entitled to sur!i!orship benefits5

The secondary beneficiaries shall be entitled to survivorship benefits only if there are no primary beneficiaries and shall be sub+ect to limitations defined by GSIS. 3ho will be entitled to recei!e the sur!i!orship benefits if there are no primary and secondary beneficiaries5 In the absence of primary and secondary beneficiaries, the legal heirs, as defined under the >ules on Succession, <ew 3ivil 3ode of the &hilippines, shall receive the applicable cash benefit depending on the eligibility of the deceased member or pensioner. The cap on the amount of basic sur!i!orship pension is fifty percent 07891 of the current ,tep :; salary of an <ndersecretary$ pursuant to the ,alary ,tandardi=ation Law and its amendments&; 3hat is the basis for this5

The position of an Kndersecretary is the highest career position in the government, hence, the most appropriate basis when putting a cap on the basic survivorship pension.R *s of 0ecember "#1#, there is only #."9: of the general membership who is receiving more than the current Step 6 salary of an Kndersecretary, and, conse-uently, will be affected by this policy. 3hy did the 4,I, put a cap on the amount of basic sur!i!orship pension5 >* 6"G1 mandates the periodic review of its rules and regulations to ensure their responsiveness to its members as well as to safeguard the financial viability of the System. *pplying a ceiling on the basic survivorship pension, particularly for those who have received salaries more than that of an Kndersecretary, is a measure to guarantee the actuarial soundness of the System. )ore importantly, it is a mechanism to bring about e-uity and fairness among members and their survivors, regardless of whether they come from an agency within or e?empt from the Salary StandardiDation %aw 'SS%(. The pension is derived from the basic monthly pension '4)&( of a member. The 4)& is based on the average monthly compensation '*)3( which is determined from the aggregate compensation received by the member during his2her last !7 months.R Generally, the last !7 months of service of a government employee corresponds to higher compensation as compared to his service prior to the said period. Ience, the premium contributions that were collected during the prior services are lower than those for the last !7 months.R This results to a disproportionate relation between the aggregate contributions with the last compensation and, conse-uently, any pension, including survivorship pension. To put a cap on the amount that certain income groups in SS%8e?empt agencies at the level of the highest career position of SS% agencies is intended to avert an unfair situation where members or their survivors in regular SS% agencies, who are already receiving less, will eventually be subsidiDing the pensions of members or their survivors, who are already receiving more. 'ow will the sur!i!orship pension of the dependent children be computed$ >89 of the +/P or >89 of the cap5 The survivorship pension of the dependent children shall be computed at 1#: of the 4)&. 3hen will the sur!i!ors of a retiree who a!ailed and was paid the 7?year lumpsum benefit recei!e the sur!i!orship pension5 Chen the old age pensioner dies within the 58year period after receiving the five8year lump sum, the survivorship pension shall be paid only after the end of the said five8year period. Iowever,

the claim for survivorship benefits should be filed together with the claim for funeral benefit, and this should be done within four '9( years from the date of death of the retiree. 'ow will 4,I, determine if the sur!i!orship pensioners are still -ualified to recei!e the sur!i!orship pension5 The GSIS eServices 0epartment 'for 3entral Office( 2 Frontline Services Knit 'for >egional and 4ranch Offices( shall schedule and conduct home visitation as part of the investigation process to determine if the primary or secondary beneficiaries should continue to receive the survivorship pension.

3ho will be responsible for cleansing and tagging the records of sur!i!orship pensioners5 The )embership Group shall underta,e data cleansing and tagging every si? '7( months to ensure that the pension records of all dis-ualified or suspended primary beneficiaries are tagged accordingly. 3ho will be responsible for updating the cap in the computeri=ed system5 The )embership Group shall be responsible for updating the cap in the computeriDed system. 3hen is the effecti!ity of this new policy5

This new policy shall be implemented retroactively from the time the e?isting policies on eligibility re-uirements of a surviving spouse to survivorship benefits 'dis-ualifying a surviving spouse who is gainfully employed or engaged in any gainful activity or receiving pension from GSIS or any other local or foreign institutions from receiving the survivorship pension( were adopted. 3hat is the effect of this new policy to the sur!i!ors who were disappro!ed6stopped from recei!ing their sur!i!orship pension due to the issuance6appro!al of /I4 8>?*88@ dated (ctober **$ *88@ that too% effect as early as August *88@ and /I4 8A?*8>8 dated April *)$ *8>85 For survivorship pensioners whose survivorship pensions were suspended as a result of the previous policy, the amounts accruing for the period they were suspended shall be restored by the GSIS, sub+ect to the ma?imum amount of survivorship pension provided under &&G <o. "#@8 11 dated February 17, "#11. On the other hand, for surviving spouse whose applications for survivorship benefits were denied

as a result of the previous policy 'dis-ualifying a surviving spouse who is gainfully employed or engaged in any gainful activity or receiving pension from GSIS or any other local or foreign institutions from receiving the survivorship pension(, their applications may be submitted to GSIS. If found to be -ualified, their benefits shall be granted and computed retroactively, sub+ect to the ma?imum amount of survivorship pension provided under &&G <o. "#@811 dated February 17, "#11.

3ill the e"isting sur!i!orship pensioners be sub#ected to the ma"imum limit of basic sur!i!orship pension5 <o, the e?isting survivorship pensioners 'surviving spouse( who are receiving more than the said limit shall not be sub+ected to this policy. If a claim was filed prior to the end of the prescription period$ but was denied due to the pre!ious policy$ can the sur!i!ing spouse still file the sur!i!orship benefit claim under this new policy5 The claim is not considered prescribed since it was filed prior to the end of the prescription period.R Ience, the claim may be submitted to the GSIS, and if found to be -ualified, the benefit shall be granted and computed retroactively, sub+ect to the ma?imum amount of survivorship pension provided under &&G <o. "#@811. If the sur!i!orship benefit claim has prescribed$ under what condition can the claim for sur!i!orship benefit be allowed to be filed to the 4,I,5 If a survivorship benefit claim has prescribed, the said benefit may still be claimed from the GSIS provided that there was a claim for funeral benefit which was previously filed within the 98 year prescription period.R The claim for funeral benefit shall be considered as a constructive notice for the survivorship benefit claim. If found to be -ualified, the benefit shallR be granted and computed retroactively, sub+ect to the ma?imum amount of survivorship pension provided under &&G <o. "#@811. 3ill the other e"isting policies on sur!i!orship benefits be affected by this PP45 *ll other policies which are not affected by the approved &&G, including the >estructured Survivorship 4enefits under >* 6"G1, as approved by the 4oard through 4oard >esolution <o. 166 dated *ugust 1!, "##!, shall still apply.R Iowever, the policy on the ma?imum amount of basic survivorship pension payable to the surviving spouse, as provided under the approved &&G, shall apply to the >estructured Survivorship 4enefits under >* 6"G1.

onsolidated Loan

* member who has been in government service for at least 1# years can avail of a 3onso8%oan e-uivalent to 1# months of their monthly salary. The minimum creditable years in service a member has to have to -ualify is "# months, with the 3onso8%oan proceeds e-uivalent to three months of his monthly salary. The gross loan amount shall be a multiple of the basic monthly salary '4)S(, depending on the memberSs accumulated record of creditable service '>3S(, to wit: >3S %ess than "# months "# months or more 9# months or more 5 years or more 1# years or more /a%ing life easier for a!ailing members The GSIS offers you with an Taward systemU when availing of the 3onso8%oan. The 3onso8%oan is a consolidation of five different loan products into one/Salary %oan, >estructured Salary %oan, $nhanced Salary %oan, $mergency %oan *ssistance, and Summer One8)onth Salary %oan. 4y availing of the 3onso8%oan, you automatically fully settle your obligations from these loans. .ou li,ewise receive an automatic condonation from the outstanding penalties or surcharges incurred from the abovementioned loans. Thus, the 3onso8%oan provides you with the opportunity to restore your status as a member in good standing and lower your monthly amortiDation, especially if you are e?periencing difficulty in paying your loans and have incurred arrears, penalties, and surcharges. The privilege of having the penalties condoned can be en+oyed only during the first availment of the 3onso8%oan. The 3onso8%oan is renewable as long as there are proceeds available. The loan is payable in si? years. The loan will be charged a minimal rate of 1": based on diminishing balance. 3ho can a!ail of the onso?Loan5 1. *ctive members with no pending administrative or criminal case are -ualified to apply for the loan, provided their agency remitted at least ! correct monthly premium payments )a?imum %oan *mount <one ! 4)S 9 4)S @ 4)S 1# 4)S

'both personal and government share( within the last 7 months prior to the filing of the application. ". )ust not be on leave of absence without pay. !. )embersS net ta,e8home pay should be sufficient to cover the regular monthly amortiDation. 9. )embers from suspended agencies are not -ualified to avail of the 3onso8%oan. 'ow can members apply for a onso?Loan5 )embers with a GSIS e3ard &lus can apply for the 3onso8%oan via the GSIS Cireless *utomated &rocessing System or G8CV&S ,ios, placed in all GSIS servicing offices and select government agencies. Those still using the old e3ard can apply for the loan, over8the8counter, in their servicing GSIS offices. To apply for a 3onso8%oan loan using the ,ios,, members need to first place their e3ard &lus on the card reader of the ,ios,. Then, they need to place any of their pre8selected fingers on the fingerprint biometric scanner of the ,ios,. Ksing the touch screen monitor of the G8CV&S, members must select T3onsolidated %oanU from the list of loans available on the loan menu and follow the simple instructions that will be displayed on the screen to complete the transaction.

Policy Loan

&olicy loan is a loan program which you can avail from your GSIS life insurance policy. There are two ,inds of compulsory GSIS life insurance programs which are automatically granted to you the day you enter government service: the $nhanced %ife &olicy '$%&( and the %ife $ndowment &olicy '%$&(. $%& provides cover for you if you entered the service after uly !1, "##!. )embers whose policies have matured will also be covered by $%&. The ma?imum loanable amount you can avail of under $%& is up to G# percent of the accumulated termination value of this policy. On the other hand, %$& refers to the life insurance policy issued to you if you entered the service prior to *ugust 1, "##!. The ma?imum loanable amount you can avail of under %$& is up to 5# percent of the accumulated termination value of this policy. .ou can choose to either pay your &olicy %oan through monthly amortiDation or have it count against your e?isting life insurance policy contract. The 'ow &olicy can %oan a bears an interest apply of for 6: compounded the Policy annually. Loan5

member

* member can apply for the &olicy %oan using the GSIS Cireless *utomated &rocessing System 'G8CV&S( ,ios, installed in all GSIS servicing offices and select government offices nationwide. 3ho are eligible to a!ail of the Policy Loan5 * member who has been insured for at least one year may be granted the &olicy %oan. The availing member must also have updated premium payments and has an active policy to be eligible under this loan product. (ptional Policy Loan * member has an option to avail of an additional life insurance without any limit to his life insurance coverage. Chen availing of the Optional &olicy %oan, a member can choose to either pay it through monthly amortiDation or have it count against his optional policy life contract.

Emergency Loan The $mergency %oan is payable in three years or !7 e-ual monthly installments at an interest rate of si? percent per annum. If an emergency loan is renewed, the balance of the outstanding loan will be deducted from the proceeds of the new loan. 3ho can a!ail of the Emergency Loan5 To -ualify for the emergency loan, the member8applicant must be: a bona fide resident or employee of the government office within the declared calamity areaB be in active service and not on leave of absence without payB has no pending criminal or administrative chargesB has no arrearages in the payment of mandatory social insurance contributionsB and has no loan that has been declared in default. For a calamity8hit area, it must be declared in a state of calamity by its Sangguniang &anlalawigan2&anglungsod and approved by the GSIS 4oard of Trustees before members wor,ing in government offices in the said area become eligible for the $mergency %oan. 'ow can members apply for the Emergency Loan5 $ligible members can avail of the $mergency %oan using their e3ard &lus on any GSIS Cireless *utomated &rocessing System 'G8CV&S( ,ios, installed in all GSIS servicing offices and in select government offices in different parts of the country. To apply for the $mergency %oan using the ,ios,, a member needs to first place his e3ard &lus on the card reader of the ,ios,. Then, he needs to place any of his pre8selected fingers on the fingerprint biometric scanner of the ,ios,. Ksing the touch screen monitor of the G8CV&S, a

member must select Aemergency loanA from the list of loans available on the loan menu and follow the simple instructions that will be displayed on the screen to complete the transaction. $ligible members can also apply for the $mergency %oan through over8the8counter 'OT3( application to be filed in GSIS offices covering the abovementioned calamity8declared areas. To apply for the emergency loan via OT3, eligible members have to accomplish an application form. * tentative computation of their loan proceeds and monthly amortiDation will also be shown to member8applicants when they apply via G8CV&S ,ios, or OT3. e ard Plus

The GSIS e3ard is, by far, the most innovative government8issued identification card today. This is because the e3ard &lus is not +ust a GSIS membership I0 3ard, it is also a GSIS transactional card, disbursement card, *T) 3ard, HIS* debit card, hospitaliDation discount card, medicine discount card, and tuition discount card, among others. e ard Plus as utility card The e3ard &lus is really the ultimate all8in8one card. %earn more how more and more GSIS members and pensioners are e?periencing its many benefits. Enroll for e ard Plus ItSs about time you get your own e3ard &lus. Getting one is easier than you thin,. *ll you need to do is visit your servicing GSIS office. 4?3BP, Cios% Ksing your e3ard &lus, you can chec, your GSIS records, renew your active status 'for pensioners(, and even apply for GSIS loans, when you go to any G8 CV&S ,ios, installed in all GSIS offices and other ma+or government offices all over the country. *pply for a %oan )embers can apply for 3onso%oan, the one8time &1#,### 3ash *dvance, and &olicy %oan, while pensioners can get &ension %oan using their e3ard &lus. 3hec, your >ecord

Wnow your membership records, record of creditable services, loans and other important facts about your GSIS membership. IereSs how. E ard Replacement IereSs how you can get a new e3ard &lus in case you lose or damage the one you have. (nline ban%ing )anage your e3ard &lus *T) account or pay bill online.

4 are Plans G83are offers motor vehicle insurance, personal accident insurance, and fire insurance with the most affordable rates in the country. /y,hield )y Shield, the lowest insurance premium rate against personal accident in the mar,et with about &hp9# for every &hp5#,### annual coverage. * minimum coverage may range from &hp5#,### to a ma?imum of &hp5 million. 'ome,hield &rovides insurance coverage against fire. Auto,hield &rovides a comprehensive insurance coverage for vehicles at "#: less than the prevailing rate in the mar,et