October 1, 1997 – DO 71, s. 1997 – Processing and Adjudication of Retirement Claims Under Sec. 12 (C) of R.A. No. 1616, as Further Amended by R.A. No. 4968
Bureau/Center/Cultural Agency Directors
Directors of Services/Centers and Heads of Units
- For the information and guidance of all concerned, inclosed is a copy of GSIS Memorandum Circular No. 3-97 dated July 7, 1997, on the processing and adjudication of retirement claims under Sec. 12 (c) of R.A. 1616, as further amended by R.A. 4968.
- With the implementation of the provisions of R.A. 8291 also known as the GSIS Act of 1997 which took effect on June 24, 1997, specifically Sec. 49 (b) thereof which provides:”(b) The GSIS shall discontinue the processing and adjudication of retirement claims tinder R.A. No. 1616 except refund of retirement premium and R.A. No.
910. Instead, all agencies concerned shall process and pay the gratuities of their employees.”DECS Regional Offices concerned shall henceforth have the responsibility in the processing of applications for retirement under R.A. 1616 as amended of their employees, and in the computation of retirement benefits and the payment thereof.
- Wide dissemination of this Memorandum is desired.
DECS Memorandum: No. 282, s. 1994
Allotment: 1- (D.O. 50-97)
To be indicated in the Perpetual Index under the following subjects:
BUREAUS & OFFICES