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RNG Bank Salary Loan Table for DepEd Teachers

Salary Loan Table - RNG Coastal Bank RNG Bank offers salary loan for permanent DepEd teaching and non-teaching staff thru Automatic Payroll Deduction System (APDS). Features: 📍LOW INTEREST RATE 📍LOAN AMOUNT UP TO 500,000 📍5 YEARS MAXIMUM LOAN TERM 📍NO HIDDEN CHARGES 📍NO NEED TO GO TO THE OFFICE A Bank that is built with trust and integrity and committed to provide quality and safe banking services to its existing and future clients, RNG Coastal Bank, Inc . is a banking institution established in the year 1974. The Bank has 15 operating branches in the Visayas, 11 in Cebu and 4 in Bohol. Providing various financial products and services to its clients for almost 50 years, RNG Coastal Bank remains strong and continuously grows its number of branches to reach more Filipinos. Here are the branches of RNG Coastal Bank: RNG Coastal Bank Head Office Cor. Cabancalan Road, Talamban, Cebu City 6000 Labangon Branch Punta Princesa, (Labangon) Cebu City Asturias Branch Poblacion, Asturias, Ce...
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Download and Complete Your Retirement Application Under RA 7699 (Portability Law)

Retirement is a major life milestone, and if you have worked in both the government (GSIS) and private sector (SSS), you may qualify for benefits under RA 7699 (Portability Law). This law allows you to combine your contributions from both systems to meet the required service years for retirement.

In this blog, we’ll guide you through the download, completion, and submission of Form No. 02202024-RET-PORT-REV 01, ensuring a smooth application process for your well-deserved retirement.

Step 1: Download the Retirement Application Form

To begin, you must download the official GSIS Form No. 02202024-RET-PORT-REV 01 from the GSIS website or obtain a physical copy from the nearest GSIS office. Ensure you are using the latest version of the form to avoid issues during submission.

📥 Where to Download the Form:
✅ Visit the GSIS official website
✅ Go to the Forms & Downloads section
✅ Look for Retirement under RA 7699 (Portability Law) – Form No. 02202024-RET-PORT-REV 01
✅ Click Download and save a copy

Step 2: Fill Out the Retirement Application Form

After downloading, print the form and carefully fill it out with accurate and complete details. Here’s what you need to provide:

📌 Personal Information – Name, Birthdate, Civil Status, Contact Details
📌 Retirement Benefits Previously Availed – If applicable, indicate if you have received benefits under RA 660, PD 1146, RA 1616, or RA 8291
📌 Retirement Mode Selection – Choose RA 7699 (Portability Law) and specify your preferred retirement date
📌 Declaration of Pendency/Non-Pendency of Case – Required for legal verification

🔹 Important: Avoid leaving blank spaces. Check the correct boxes and review your entries before submission.

Step 3: Prepare Required Documents

Along with the completed form, you need to submit supporting documents, including:

✅ Valid Government ID (e.g., UMID, Passport, Driver’s License)
✅ GSIS and SSS Contribution Records (to verify your total service years)
✅ Service Record (for government employees)
✅ Marriage Certificate (if applicable)
✅ Declaration of Pendency/Non-Pendency of Case (Notarized)

For GSIS members: Your employer must endorse your application and certify your Last Day of Actual Service (LDAS) and leave status.

Step 4: Submit Your Application

Once you have downloaded, filled out, and gathered all necessary documents, submit your application to the nearest GSIS or Handling Office.

📍 Submission Options:
✅ In-Person: Visit the GSIS office and submit your documents at the designated counter.
✅ Online (if applicable): Some GSIS branches may accept scanned applications via email or online portals—check with your local office for details.

Step 5: Verification and Benefit Release

📌 GSIS and SSS Validation: Your contribution records will be verified to confirm eligibility.
📌 Approval Notification: Once approved, GSIS will notify you of the benefit release.
📌 Benefit Disbursement: Your funds will be credited to your eCard/UMID account or issued via check if you don’t have one.

Important Reminders

⚠ Fraud Warning: Any attempt to falsify information in your application may result in administrative, civil, or criminal penalties.
🔐 Data Privacy: GSIS ensures that all personal data is processed according to the Data Privacy Act (RA 10173).
📅 Check Your Contributions: Before submitting your application, verify your GSIS and SSS records to avoid delays.

Final Thoughts

The Portability Law (RA 7699) is a great opportunity for Filipinos who have worked both in government and private sectors to maximize their retirement benefits. By downloading and completing your retirement application correctly, you can ensure a smooth processing and approval of your well-earned benefits.

📢 Ready to retire? Download your form today and start your application!

For more updates and government benefit guides, follow our blog! 🚀

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