ADVERTISEMENT
Manila Bulletin devider Business devider GSIS to release Christmas cash gifts to pensioners on Dec. 6

GSIS to release Christmas cash gifts to pensioners on Dec. 6

Published Nov 18, 2023 11:54 pm

At A Glance

  • The Government Service Insurance System (GSIS) will release Christmas cash gifts to old-age and disability pensioners starting on Dec. 6.<br>The cash gifts amount to over P3.47 billion and will be given to around 300,000 qualified pensioners.<br>The amount distributed will be equivalent to one month's pension, with a maximum limit of P10,000.<br>Eligible pensioners are those receiving regular monthly pensions and are alive as of Nov. 30, 2023.<br>Not eligible for the cash gift are survivorship pensioners, dependent pensioners, pensioners under RA 7699 (Portability Law), and those receiving pro-rata pension.<br>New pensioners from 2019 to 2023 who availed immediate pension and 18-month cash payment under RA 8291 are not entitled to the cash gift yet. They will receive it five years after their retirement date.<br>Retirees who received a five-year lump sum and will resume monthly pension after Dec. 31, 2023, are also not eligible for the cash gift.<br>GSIS members separated from government service between 2006 and 2023 before turning 60, and started receiving regular monthly pension between 2019 and 2023, are not qualified. They will receive the cash gift five years after regularly receiving their pension.

The Government Service Insurance System (GSIS) has announced that it will begin distributing Christmas cash gifts to its old-age and disability pensioners on Dec. 6.

In a statement, Wick Veloso, GSIS president and general manager said the pension fund has allocated a total of more than P3.47 billion for this year's cash gifts, benefiting approximately 300,000 eligible pensioners. 

The amount distributed will be equivalent to one month's pension, with a maximum limit of P10,000, Veloso said.

“Maaga naming inaanunsyo ang balitang ito dahil alam naming inaabangan ito ng aming mga pensioner para makapag-plano na sila kung kailan nila iwi-withdraw at ano ang bibilhin sa matatanggap nila," Veloso said.

[We are announcing this news early because we know that our pensioners are eagerly anticipating it. This will allow them to plan when they can withdraw their money and decide what they will purchase with the amount they will receive.]

Veloso said the Christmas cash gift is available to old-age and disability pensioners who are currently receiving their regular monthly pensions and are living as of Nov. 30, 2023.

"Kung suspindido ang inyong pension as of December 31, 2023 dahil hindi kayo nakapag-comply sa Annual Pensioners Information Revalidation (APIR), ibibigay pa rin po namin ang cash gift ninyo pagkatapos ninyong mag-APIR," Veloso added.

[If your pension is suspended as of December 31, 2023 due to non-compliance with the Annual Pensioners Information Revalidation (APIR), we will still provide you with your cash gift once you have completed the APIR.]

However, the following individuals are not eligible to receive the Christmas cash gift: survivorship pensioners, dependent pensioners, pensioners under RA 7699 (Portability Law), and those receiving pro-rata pension.

Additionally, new pensioners who started receiving immediate pension and 18-month cash payment under Republic Act 8291 between 2019 and 2023 are not entitled to the cash gift at this time. They will become eligible to receive the cash gift five years after their retirement date.

Retirees who received a five-year lump sum and will resume their regular monthly pension after Dec. 31, 2023 are also not eligible for the Christmas cash gift.

Furthermore, GSIS members who were separated from government service between 2006 and 2023 before reaching the age of 60, and who began receiving their regular monthly pension in 2019, 2020, 2021, 2022, or 2023, are not qualified. 

They will only receive the cash gift five years after they start regularly receiving their pension.

Related Tags

Government Service Insurance System Wick Veloso GSIS pensioners GSIS President and General manager
ADVERTISEMENT
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1561_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1562_widget.title }}

{{ item.title }}
.most-popular .layout-ratio{ padding-bottom: 79.13%; } @media (min-width: 768px) and (max-width: 1024px) { .widget-title { font-size: 15px !important; } }

{{ articles_filter_1563_widget.title }}

{{ item.title }}

{{ articles_filter_1564_widget.title }}

{{ item.title }}
.mb-article-details { position: relative; } .mb-article-details .article-body-preview, .mb-article-details .article-body-summary{ font-size: 17px; line-height: 30px; font-family: "Libre Caslon Text", serif; color: #000; } .mb-article-details .article-body-preview iframe , .mb-article-details .article-body-summary iframe{ width: 100%; margin: auto; } .read-more-background { background: linear-gradient(180deg, color(display-p3 1.000 1.000 1.000 / 0) 13.75%, color(display-p3 1.000 1.000 1.000 / 0.8) 30.79%, color(display-p3 1.000 1.000 1.000) 72.5%); position: absolute; height: 200px; width: 100%; bottom: 0; display: flex; justify-content: center; align-items: center; padding: 0; } .read-more-background a{ color: #000; } .read-more-btn { padding: 17px 45px; font-family: Inter; font-weight: 700; font-size: 18px; line-height: 16px; text-align: center; vertical-align: middle; border: 1px solid black; background-color: white; } .hidden { display: none; }
function initializeAllSwipers() { // Get all hidden inputs with cms_article_id document.querySelectorAll('[id^="cms_article_id_"]').forEach(function (input) { const cmsArticleId = input.value; const articleSelector = '#article-' + cmsArticleId + ' .body_images'; const swiperElement = document.querySelector(articleSelector); if (swiperElement && !swiperElement.classList.contains('swiper-initialized')) { new Swiper(articleSelector, { loop: true, pagination: false, navigation: { nextEl: '#article-' + cmsArticleId + ' .swiper-button-next', prevEl: '#article-' + cmsArticleId + ' .swiper-button-prev', }, }); } }); } setTimeout(initializeAllSwipers, 3000); const intersectionObserver = new IntersectionObserver( (entries) => { entries.forEach((entry) => { if (entry.isIntersecting) { const newUrl = entry.target.getAttribute("data-url"); if (newUrl) { history.pushState(null, null, newUrl); let article = entry.target; // Extract metadata const author = article.querySelector('.author-section').textContent.replace('By', '').trim(); const section = article.querySelector('.section-info ').textContent.replace(' ', ' '); const title = article.querySelector('.article-title h1').textContent; // Parse URL for Chartbeat path format const parsedUrl = new URL(newUrl, window.location.origin); const cleanUrl = parsedUrl.host + parsedUrl.pathname; // Update Chartbeat configuration if (typeof window._sf_async_config !== 'undefined') { window._sf_async_config.path = cleanUrl; window._sf_async_config.sections = section; window._sf_async_config.authors = author; } // Track virtual page view with Chartbeat if (typeof pSUPERFLY !== 'undefined' && typeof pSUPERFLY.virtualPage === 'function') { try { pSUPERFLY.virtualPage({ path: cleanUrl, title: title, sections: section, authors: author }); } catch (error) { console.error('ping error', error); } } // Optional: Update document title if (title && title !== document.title) { document.title = title; } } } }); }, { threshold: 0.1 } ); function showArticleBody(button) { const article = button.closest("article"); const summary = article.querySelector(".article-body-summary"); const body = article.querySelector(".article-body-preview"); const readMoreSection = article.querySelector(".read-more-background"); // Hide summary and read-more section summary.style.display = "none"; readMoreSection.style.display = "none"; // Show the full article body body.classList.remove("hidden"); } document.addEventListener("DOMContentLoaded", () => { let loadCount = 0; // Track how many times articles are loaded const offset = [1, 2, 3, 4, 5, 6, 7, 8, 9, 10]; // Offset values const currentUrl = window.location.pathname.substring(1); let isLoading = false; // Prevent multiple calls if (!currentUrl) { console.log("Current URL is invalid."); return; } const sentinel = document.getElementById("load-more-sentinel"); if (!sentinel) { console.log("Sentinel element not found."); return; } function isSentinelVisible() { const rect = sentinel.getBoundingClientRect(); return ( rect.top < window.innerHeight && rect.bottom >= 0 ); } function onScroll() { if (isLoading) return; if (isSentinelVisible()) { if (loadCount >= offset.length) { console.log("Maximum load attempts reached."); window.removeEventListener("scroll", onScroll); return; } isLoading = true; const currentOffset = offset[loadCount]; window.loadMoreItems().then(() => { let article = document.querySelector('#widget_1690 > div:nth-last-of-type(2) article'); intersectionObserver.observe(article) loadCount++; }).catch(error => { console.error("Error loading more items:", error); }).finally(() => { isLoading = false; }); } } window.addEventListener("scroll", onScroll); });
Join Our Newsletters

Sign up by email to receive news.

© 2025 Manila Bulletin The Nation's Leading Newspaper. All Rights Reserved.