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    Portability Law Q and A

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    Jacques Fern'z
    RA 7699 institutes a limited portability scheme between the social security systems by totalizing workers' creditable services or contributions under each system for purposes of eligibility and computation of benefits. It provides that in cases of death, disability, and old age, periods of creditable services or contributions to SSS and GSIS shall be added to entitle retirees to receive benefits under either PD 1146 or RA 8291. The systems are responsible for payment of benefits within 15 working days of receiving a claim.

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    Portability Law Q and A

    Uploaded by

    Jacques Fern'z
    47 views31 pages
    RA 7699 institutes a limited portability scheme between the social security systems by totalizing workers' creditable services or contributions under each system for purposes of eligibility and computation of benefits. It provides that in cases of death, disability, and old age, periods of creditable services or contributions to SSS and GSIS shall be added to entitle retirees to receive benefits under either PD 1146 or RA 8291. The systems are responsible for payment of benefits within 15 working days of receiving a claim.

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    Portability-Law-Q-and-A

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    RA 7699 institutes a limited portability scheme between the social security systems by totalizing workers' creditable services or contributions under each system for purposes of eligibility and computation of benefits. It provides that in cases of death, disability, and old age, periods of creditable services or contributions to SSS and GSIS shall be added to entitle retirees to receive benefits under either PD 1146 or RA 8291. The systems are responsible for payment of benefits within 15 working days of receiving a claim.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    47 views31 pages

    Portability Law Q and A

    Uploaded by

    Jacques Fern'z
    RA 7699 institutes a limited portability scheme between the social security systems by totalizing workers' creditable services or contributions under each system for purposes of eligibility and computation of benefits. It provides that in cases of death, disability, and old age, periods of creditable services or contributions to SSS and GSIS shall be added to entitle retirees to receive benefits under either PD 1146 or RA 8291. The systems are responsible for payment of benefits within 15 working days of receiving a claim.

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    of 31

    o r t a b i l i t y

    P
    w ( R A 7 6 9 9
    L a )
    Q & A
    In case there will be any conflict in the
    interpretation of the law and the
    implementing rules and regulations, to
    whose favor shall it be resolved?

    Answer

    Workers
    It refers to the transfer of funds for
    the account and benefit of a worker
    who transfers from one system to the
    other.
    Answer

    Portability
    Fill in the Blanks.
    In Section 3 of RA 7699, it states:
    Provisions of any general or special law or rules and regulations to the
    contrary notwithstanding, a covered worker who transfers
    employment from one sector to another or is employed in both sectors
    shall have his credible services or contributions in both Systems
    credited to his service or contribution record in each of the Systems
    and shall be totalized for purposes of old-age, disability, survivorship
    and other benefits in case the covered member does not qualify for
    such benefits in either or both Systems without totalization: Provided,
    however, That ____ periods of membership shall be ___ only once for
    purposes of totalization.
    Answer

    Overlapping;
    Credit
    It is an act instituting a limited
    portability scheme in the social security
    insurance systems by totalizing the
    workers’ creditable services or
    contributions in each of the systems.

    Answer

    Republic Act 7699


    True or False.
    Nothing in this Act shall be construed to diminish or
    increase the benefits being enjoyed by a covered
    worker arising from existing laws, issuances, and
    company policies or practices or agreements
    between the employer and the employees.

    Answer

    False
    True or False.
    When private employees stayed as such until they
    retire, they can get retirement benefits under GSIS
    provided they meet other qualifications provided by
    law. The same goes for government employees
    under SSS law.
    Answer

    False
    True or False.
    If a worker qualifies for benefits in both
    Systems, totalization shall not apply.
    Answer

    True
    True or False.
    If one has satisfied the required years of service
    under the GSIS retirement option you have chosen,
    he would not be allowed to incorporate his
    contributions to the SSS anymore to avail of
    additional benefits.
    Answer

    True
    This refers to the process of adding up the
    periods of creditable services or contributions
    under each of the Systems, for purposes of
    eligibility and computation of benefits.
    Answer

    Totalization
    True or False.
    RA 7699 applies also to those who has always
    been a private employee but whose wife is a
    government employee.
    Answer

    False
    True or False.
    Section 1 of RA 7699 includes a self-employed
    person who shall be considered an employee
    and employer at the same time.
    Answer

    True
    True or False.
    The process involved in the prompt payment of
    money benefits to eligible members shall be the
    sole responsibility of the system under which the
    person is recently or currently employed, either
    SSS or GSIS.
    Answer

    False

    In case of death, disability and old age, the


    periods of creditable services or contributions
    to the SSS and GSIS shall be added to entitle
    retirees to receive the benefits under
    BOTH/EITHER PD 1146 AND/OR RA 8291
    Answer

    Either/or
    The System or Systems responsible for the
    payment of money benefits due a covered
    worker shall release the same within ______
    working days from receipt of the claim.

    Answer

    Fifteen(15)
    True or False
    For the public sector, all previous services
    rendered by an official/employee pursuant to an
    appointment whether permanent, provisional or
    temporary is considered creditable services.

    Answer

    True

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