Section 15Sec./Art. 15

Permanent Disability Benefits.

(a) A member who becomes permanently disabled before he is qualified for old-age pension but entitled to permanent disability benefits shall receive the basic monthly pension for life, if the disability is total. If the disability is partial, the basic monthly pension shall be payable in accordance with the rule and regulations prescribed by the System.

(b) If at the time of his disability, he is qualified for old-age pension, he shall be entitled to the basic monthly pension for life but in no case for a period less than five years: Provided, That, the member shall have the option to convert the basic monthly pensions for the first five years into a lump sum as defined in this Act.

(c) The basic monthly pension shall be suspended when:

(1) he is re-employed by an employer and receives a monthly compensation at least equal to his basic monthly pension, otherwise, he shall receive the difference; or

(2) he recovers from his disability as determined by the System, whose decision shall be final and binding; or

(3) he fails to present himself for medical examination when required by the System.

(d) When at the time of his disability, he is not entitled to any of the benefits under paragraphs (a) and (b) of this section, he shall receive a cash payment equivalent to one hundred percent of his average monthly compensation for each year service he paid contributions, but not less than five hundred pesos.

SURVIVORSHIP BENEFITS