GSIS EXPLAINS POLICY REVISION IN GRANTING SURVIVORSHIP BENEFITS

Tuesday 21st of February 2012
BUTUAN CITY, Feb. 21 (PIA) -- The Government Service Insurance System (GSIS) explained why they revised the existing policy on the grant of survivorship benefits.    During Monday’s stakeholders’ dialogue with top officials of the country’s premier state insurer, President and General Manager (PGM) Robert G. Vergara emphasized that the existing policies on the grant of survivorship benefits were revised by the management with the end in view of granting equitable benefits to survivorship pensioners.   Given the said revisions, Vergara added the members and pensioners are secured of their future benefits in...
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GSIS brings back old policy on survivorship benefits
DAVAO CITY, Mar. 18 (PIA) -- Due to public clamour, the Government Service Insurance System (GSIS) has reinstated its previous policy on survivorshop benefits, entitling employed surviving spouse to claim anew the pension and/or cash payment. GSIS regional manager Deity Manampan said employed surviving spouses affected by the revision in 2009 of that survivorship policy could now claim pension retroactive from 2009. In 2009, the agency installed several restrictions to the survivorship benefit...
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