Comparative SSS Nd GSIS Benefits and Requirements
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Transcript of Comparative SSS Nd GSIS Benefits and Requirements
No. Benefits SSS GSIS
1.Death Benefits
a. Lump sum & Monthly
36 mc
1. In the Service 2. If separated,
3ys nd 36mc3. 180 mc
2. Disability 1yc
Permanent Total & partial
1. In the Service 2. If separated,
3ys nd 36mc3. 180 mc
Temporary Total1. In the Service 2. If separated,
3ys nd 36mc, SLx
3. Retirement
Lumpsum & Monthly
1. 60U & 120mc2. 65E/U & 120mc 65yo, 15ys & Nptd
4. Sickness 43UN none
5. Maternity 3NAB4 none
6. Monthly Pension none
7. Dependent Pension none
8. Separation None 1. 3ys – 15ys2. 15ys – 60yo
9. Unemployment or Involuntary separation
None Involuntary & 1yc
10. Survivorship None Entitled to 50% of BMP
11. Funeral Together w/ death
Entitled to not less than 12k and shall be increased to atleast 18k after 5 yrs
12. Life Insurance None Compulsory and Optional