GSIS Releases 2011 Christmas Cash Gift

Pensioners of the Government Service Insurance System (GSIS) will receive a Christmas cash gift on Thursday after it approved the release of P1.62 billion for the purpose.

GSIS Christmas Cash Gift 2011
Mornings @ ANC reports that the GSIS’ more than 200,000 pensioners will get the 2011 Christmas cash gift beginning December 15.

Cash gifts are given to eligible active old-age, retirement and disability pensioners who are receiving their regular monthly pensions as of December 2011.

Retirees who opted to get their five-year lump sum pension and who will resume their monthly pension within December 2011 after the end of a five-year guaranteed period, are also eligible to receive the cash gift, reports said.

We hope to obtain the guidelines which we will embed on this page upon availability.