The Government Service Insurance System (GSIS) has increased its funeral benefit for government workers and qualified pensioners to P50,000, a significant boost from the previous amount of P30,000.
The expanded benefit is effective for all claims arising from deaths occurring on or after July 13 and is part of the state pension fund's efforts to provide support to families in need.
According to GSIS President and General Manager Jose Arnulfo “Wick” A. Veloso, the increased funeral benefit reflects the state pension fund's commitment to supporting its members' families during difficult times.
The GSIS will allocate up to P1.25 billion annually to sustain the expanded support, which will benefit approximately 21,000 to 25,000 families nationwide each year.
The funeral benefit is a one-time payment of P50,000, payable to a single qualified beneficiary or claimant following a specific order of priority, including the legitimate spouse, legitimate child who paid for the funeral expenses, or any person who can present sufficient proof of having shouldered the funeral expenses.
Claimants must submit the prescribed documentary requirements, including the member's death certificate, a valid government-issued identification card, and other supporting documents depending on their relationship to the deceased.
Non-spouse claimants must also present proof that they paid the funeral expenses, ensuring that the support reaches those who need it most.