GSIS Cash Gift 2021 for pensioners to be released starting Dec.6

Beginning December 6, the state pension fund Government Service Insurance System (GSIS) will distribute the PHP3.2 billion Christmas cash gift for 2021 to its old-age and disability pensioners.

Pensioners refer to the benefit as their “Christmas bonus.”

“Sa kabila ng hinaharap nating pagsubok dahil sa pandemya, hangad naming makatulong pa rin sa pagbibigay ng masaya at maginhawang Pasko sa aming mga pensiyonado. Kaya naman siniguro ng GSIS Board na maaga ang ecrediting ng Christmas cash gift sa kanilang mga UMID card o eCard (Despite the challenges we are facing because of the pandemic, we want to still help in providing a merry and comfortable Christmas to our pensioners. That is why the GSIS Board has ensured the early ecrediting of Christmas cash gift in their UMID card o eCard),” GSIS president and general manager Rolando Ledesma Macasaet said in a statement Thursday. 

Who are entitled to receive the Cash Gift 2021 for Pensioners?

Entitled to receive the Christmas Cash Gifts are the following:

• Active old-age and disability pensioners under Republic Act (RA) No. 8291, Presidential Decree No. 1146, and RA No. 660 who are receiving their regularly monthly pension and are still living as of 30 November 2021.

• Suspended pensioners due to non-compliance with the annual Pensioners Information Revalidation (APIR) will be eligible for the cash gift provided they activate their status on or before 30 April 2021.

Amount of Cash Gift

Pensioners who received a monetary present of more than PHP10,000 in 2020 will be given an amount equal to one month’s existing pension, but not more than PHP12,600.

Those who received less than PHP10,000 in 2020 will get a cash gift equal to one month’s current pension, up to a maximum of PHP10,000.

Those who resumed their normal monthly pensions after December 31, 2020 (the end of the five-year guarantee period) will receive an amount equal to one month’s current pension up to PHP10,000.

Not qualified for a Cash Gift

Not qualified to receive the Christmas Cash Gift are:

• Basic survivorship pensioners;
• dependent pensioners;
• Pensioners under RA 7699 (Portability Law); and those receiving pro-rata pension.
• Retirees who received in advance their guaranteed pensions in the form of lump sums, who are still within the guaranteed period, and who will be resuming their regular monthly pensions after December 31, 2019, are also not entitled to the benefit.
• Likewise, new retirees between 2017 to 2021 who availed of immediate pension under RA 8291 will not yet receive the cash gift this year. They will start receiving their Christmas Cash Gift five years after their retirement date.

GSIS members who resigned or separated from government service between 2006 to 2021 before reaching age 60 and who started receiving their regular monthly pension between 2017 and 2021 will receive the cash gift once they have been regular pensioners for at least five (5) years.

For inquiries, you may visit the GSIS website, www.gsis.gov.ph, or Facebook account; email [email protected]; or call the GSIS Contact Center at 8847-4747 if in Metro Manila or 1-800-8-847-4747 (for Globe and TM subscribers) or 1-800-10-847-4747 (for Smart, Sun, and Talk ’N Text subscribers).

Source: GSIS

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