GSIS-Pagadian hold pensioners' day
- Source: http://news.pia.gov.ph/article/view/1351443062813/gsis-pagadian-hold-pensioners-day
- Sunday, September 27, 2015
- By Claro A. Lanipa (FPG/CAL/PIA9-Zamboanga del Sur)
PAGADIAN CITY, (PIA) – Nearly 300 pensioner’s gathered at the Liga ng mga Barangay hall here last Saturday for the Pensioners’ Day sponsored by the Government Service Insurance Service (GSIS), Pagadian City branch office.
Mr. Leoncito S. Manuel, GSIS Pagadian City branch head, officially announced during the said occasion that the members and pensioners would receive additional benefits starting September this year.
Among the benefits offered are as follows; funeral benefit of GSIS members and pensioners will be increased from P20,000 to P30,000. In addition, more than 272,000 regular old-age and disability pensioners as of Dec. 31, 2014 will receive a one-time benefit equivalent to one-month pension, or P10,000 whichever is lower, Manuel said.
GSIS will also be introducing a “milestone” benefit scheme for almost 6,000 pensioners who, as of September 1, 2015 are 90 to 94 years old will be granted a milestone benefit of P20,000; while 1,100 pensioners who are 95-99 years old will get P50,000; and 181 pensioners who are 100 years old and above will get P100,000.
Moreover, starting Sept. 2, 2015 and thereafter, regular pensioners will be paid the following milestone benefit on their birthday: P20,000 to pensioners who turn 90 years old; P30,000 to pensioners who will turn 95 years old; and , P50,000 to pensioners who turn 100 years old, Manuel added.
GSIS is in a position to enhance these benefits due to its record financial performance in 2014 with a total assets reached to P908 billion while income spiked to P140 billion and revenues to P231 billion.
Meanwhile, pensioners were also provided with free medical check-up and consultation, fasting blood sugar test, dental services, haircut, medicines and vitamins during last Saturday’s pensioners’ day.