A cash benefit granted ? either as a monthly pension or a lump sum amount to the beneficiaries of a deceased member.

Qualifying Conditions

A monthly death pension is granted to the primary beneficiary/ies of the deceased member who had paid at least 36 monthly contributions prior to the semester of death.

Primary beneficiary/ies:

• the dependent spouse until he/she remarries, and
• dependent legitimate, legitimated or legally adopted and illegitimate children who are below 21 years old, not gainfully employed, not married

Meanwhile, a lump sum amount is granted to:

• the beneficiary/ies of the deceased member who has paid less than 36 monthly contributions prior to the semester of death.

If there are no primary beneficiaries, the member’s secondary beneficiaries (dependent parents) shall be given a lump sum amount.

A lump sum amount is also granted to:

• designated beneficiary/ies and legal heirs in the absence of primary and secondary beneficiaries

Amount of Benefit

If qualified, the member’s primary beneficiary is granted a monthly death pension, plus a 13th Month Pension every December.

If the member has dependent minor children, they are given a Dependent’s Pension equivalent to ten percent (10%) of the member’s monthly pension, or P250.00 whichever is higher.

Only five (5) minor children, beginning from the youngest, are entitled to Dependent’s Pension.

No substitution is allowed.

The minimum monthly Death Pension is P1,000 if the member had less than ten (10) Credited Years of Service (CYS); P1,200 if with at least with ten (10 CYS); and P2,400 if with at least twenty (20) CYS.

Plus P1,000 additional benefit, effective January 2017.

Other supporting documents may be requested depending on your claim