GSIS Pension & Salary Loan Calculator 2026
Estimate your GSIS monthly pension at retirement plus salary loan amortization. Based on the Revised Government Service Insurance Act (RA 8291) and current GSIS lending policy.
Your details
Your GSIS pension
Basic Monthly Pension (BMP)
₱0
at age 60 · lifetime
Breakdown
Salary loan inputs
Monthly amortization
Monthly Payment
₱0
at 10% APR over 72 mo
Breakdown
How GSIS pension is computed
Under RA 8291 (Revised GSIS Act of 1997), the Basic Monthly Pension (BMP) is calculated as:
BMP = 2.5% × Years of Service × Revalued AMC
Capped at 90% of RAMC. This means a 36-year career reaches the full pension cap. Some key points:
- Minimum requirement: 15 years of service + age 60
- RAMC: average monthly compensation in last 3 years, revalued by adjustment factor
- Lifetime pension: paid monthly until death; surviving spouse may receive 50% benefit
- Cash payment alternative: if YOS less than 15, you only get 1 month salary × YOS as separation pay
Pension options at retirement
GSIS lets retirees choose how to receive their pension:
- Pure monthly: full BMP for life starting at retirement.
- 18-month lump sum: get 18 months of BMP upfront, then monthly pension begins.
- 5-year lump sum (60-month): get 5 years of pension upfront (60 × BMP), then monthly pension resumes on the 6th year.
Lump sums help fund big purchases or pay off loans, but reduce immediate cash flow. The math is the same total — choose based on whether you need cash now or steady income.
GSIS loan programs (2026 rates)
GSIS offers several loan types to active members:
- Consolidated Loan (Conso-Loan Plus): 8% APR, up to 14× BMS, max ₱500K, 6-year term
- Multi-Purpose Loan (MPL): 10% APR, similar limits, 3-6 year term
- Emergency / Calamity Loan: 12% APR, smaller amounts during declared disasters
- Educational Loan: reduced rate for tuition assistance
All require at least 3 years of paid premiums and the member must not have pending loan arrears. Auto-deduction from salary makes default rare.
SSS vs GSIS at a glance
Both are PH social insurance systems but cover different sectors:
- SSS: private sector employees + self-employed + voluntary + OFWs. Member share 4.5%, employer share 10%.
- GSIS: government employees (civilian + uniformed). Member share 9%, employer (gov’t) share 12%.
- GSIS pension formula: generally more generous — 2.5% per year vs SSS’s sliding 1-2% rate.
- Lump sum option: GSIS allows 18-mo or 60-mo upfront; SSS does not.
For job-changers between sectors, both systems retain credits separately (no automatic merging).