(NAR) VOL. 26 NO. 1/ JANUARY - MARCH 2015
Adopted: 11 December 2014
Date Filed: 26 January 2015WHEREAS, the Board issued Resolution No. 45 dated 23 May 2013 approving the Policy and Procedural Guidelines on Pension Administration (PPG No. 229-13);
WHEREAS, the Legal Services Group, in its Memorandum dated 8 April 2014, opined that the claim of GSIS for pension overpayment should be made against the estate of the deceased, and not against the benefits accruing to a surviving spouse who happens to be a regular member of the GSIS (i.e. dual role member) since they have separate and distinct legal personalities with respect to employment and the respective benefits arising therefrom;
WHEREAS, there is a need to review the existing policies on the recovery of pension overpayments and outstanding receivables of deceased pensioners;
RESOLVED, to
APPROVE and
CONFIRM the Revised PPG on Pension Administration, as proposed by the Senior Vice President, NCR Operations Group in her Memorandum dated 9 December 2014;
RESOLVED FURTHER, that Board Resolution No. 45 dated 23 May 2013 is hereby
SUPERSEDED.A copy of the Revised PPG on Pension Administration
[*] is made an integral part of this Resolution.
CERTIFIED CORRECT: |
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(SGD) ATTY. MARIA THERESA ABESAMIS-RAAGAS Corporate Secretary |
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Confirmed: |
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DANIEL L. LACSON, JR. (on leave) Chairman |
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(SGD) ROBERT G. VERGARA Vice-Chairman | (SGD) KARINA CONSTANTINO-DAVID Trustee |
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(SGD) GREGORIO T. YU Trustee | (SGD) ROMAN FELIPE S. REYES Trustee |
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(SGD) MARIO J. AGUJA Trustee | (SGD) ELISEA G. GOZUN Trustee |
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(SGD) ROMEO N. ALIP Trustee | (SGD) GERALDINE MARIE BERBERABE- MARTINEZ Trustee |
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FRANCISCO T. DUQUE III (on leave) Trustee |
[*] Text Available at the Office of the National Administrative Register, U.P. Law Complex, Diliman, Quezon City.