The grant of cash benefit or dividend is mandated under Section 25 of the GSIS Charter or Republic Act 8291 which specifically provides that “An annual dividend may be granted to all members of the GSIS whose life insurance is in force for at least one (1) year in accordance with a dividend allocation formula to be determined by the GSIS.”
As many of the GSIS members are inquiring about the release of this cash benefit or the so-called "dividend", the GSIS responded on their official Facebook Page that they will make an announcement as to when this benefit will be released.
GSIS also clarified that dividends shall only be given to the active members while pensioners will not be included.
Grant of cash benefit or dividend to GSIS members
Reviewed by Teachers Click
on
April 23, 2021
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Reviewed by Teachers Click
on
April 23, 2021
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