An officer or rating, who is working on board, or while traveling to or from, a vessel under any of the CBAs mentioned above as of the effective date of the benefit is covered by the Pension Fund Plan as of such date.
Any seafarer employed under an existing CBA after this date, shall be covered by the Plan on the first day of the month coincident with or next following his working on board a covered vessel.
In the event of death of a Seafarer, while working on board or while traveling to or from a covered ship or vessel, his/her designated beneficiary/ies will receive the following death benefits:
For CBA of JSU:
- If the deceased Seafarer is a RATING, the beneficiary will receive a monthly benefit of TWO HUNDRED SEVENTY FIVE DOLLARS (US$275.00).
- If the deceased Seafarer is an OFFICER, the beneficiary will receive a monthly benefit of FOUR HUNDRED TWELVE DOLLARS &; 50/100 (US$412.50) .
For CBA of TCCC-IMEC:
- If the deceased Seafarer is a RATING, the beneficiary will receive a monthly benefit of THREE HUNDRED THIRTY TWO DOLLARS &; 75/100 (US$332.75).
- If the deceased Seafarer is an OFFICER, the beneficiary will receive a monthly benefit of FOUR HUNDRED NINETY NINE DOLLARS &; 12/100 (US$499.12).
For CBA of NIS/Model:
- If the deceased Seafarer is a RATING, the beneficiary will receive a monthly benefit of THREE HUNDRED TWO DOLLARS &; 50/100 (US$302.50).
- If the deceased Seafarer is an OFFICER, the beneficiary will receive a monthly benefit of FOUR HUNDRED FIFTY THREE DOLLARS &; 75/100 (US$453.75).
For CBA of TCCC NIBF:
- If the deceased Seafarer is a RATING, the beneficiary will receive a monthly benefit of TWO HUNDRED FIFTY DOLLARS (US$250.00).
- If the deceased Seafarer is an OFFICER, the beneficiary will receive a monthly benefit of THREE HUNDRED SEVENTY FIVE DOLLARS (US$375.00).
A. For JSU, TCC IMEC and TCCC NON IBF CBAs
A Seafarer may nominate any of the persons listed below in the same specified order:
- The surviving legitimate spouse, if the seafarer is married;
- The seafarer’s legitimate unmarried child or children under the age of 21 at the time of nomination, if the legitimate spouse pre-deceases the seafarer;
- The surviving parents or parent, in case the seafarer is unmarried; and
- Any other person or entity named by the seafarer, in the absence of the foregoing.
If at the death of a Seafarer, he has not made valid nomination of his/her beneficiary/ies the following persons then surviving, will be the beneficiary/ies, in the order stated below:
- Legitimate spouse;
- Legitimate unmarried child or children under the age of 21;
- Parent / Parents
B. FOR NIS and MODEL Agreement CBAs
A Seafarer may nominate any of the persons listed below in the same specified order:
- The surviving legitimate spouse, if the seafarer is married;
- The seafarer’s legitimate children, if the legitimate spouse pre-deceased the
seafarer. - The surviving parents or parent in case the seafarer is unmarried.
If at the death of a Seafarer, he has not made valid nomination of his/her beneficiary/ies the following persons then surviving, will be the beneficiary/ies, in the order stated below:
- Legitimate spouse
- Children
- Parents
- Upon the release of claim in the Death Benefit Section (For CBAs of JSU,TCCC-IMEC, TCCC-NON IBF, Norwegian Model Agreement or upon filing for benefits in the Fil-Norgain General Assistance and Information Office, Manila (For CBA of NIS Agreement), the widow/beneficiary will submit all the requirements to the Widow’s Pension Fund Section, Ground Floor, Sailor’s Home Annex, AMOSUP Seamen’s Center;
- After twenty four (24) months following the valid and due payment of the death compensation under the CBA, the Secretariat will send a letter to the widow/beneficiary informing him/her of the benefit and inquiring about their preferred branch of the Trustee Bank where the benefit will be deposited;
- The widow/beneficiary will fill out and return the attached letter informing the Secretariat of the bank branch address and other information;
- The Secretariat will advise the widow/beneficiary when to open an account with the branch of the Trustee Bank;
- The branch will coordinate with the Trustee Bank for payment of the monthly pensions.
- Consent Form
- Registered Birth Certificate
- Registered Marriage Certificate
- Registered Birth Certificate
- Complete Service Record
- Employment Contract
- Master’s Report
- Photocopy of Seaman’s Book
- Photocopy of Airway Bill
- AMOSUP ID
- Photocopy of Quitclaim/s
Yes. If the death of a Seafarer arises on account of self-inflicted injuries, suicide or any criminal act attributable to him, no benefit under the Pension Fund Plan shall be paid to the Beneficiary.
The monthly benefit shall also be subject to review and may be adjusted by the Board of Trustees. Unless otherwise determined by the Board of Trustees, no death benefit shall be paid to the designated beneficiary unless remittances by the Employer of the monthly contribution to cover the deceased Seafarer at the time of his death are complete or made current and up-to-date.
The Seafarer may then nominate or appoint another person or persons as his/her beneficiary/ies in the order specified in the Pension Fund Plan (see Beneficiaries above).
Upon the remarriage of the surviving legitimate spouse, who was named as a beneficiary, he/she shall immediately lose the right to receive the unpaid balance of the monthly benefit, which shall be forfeited in favor of the Fund. The Fund shall be reimbursed for any payments made to and received by the surviving legitimate spouse in bad faith after such remarriage.
The payments of the monthly pensions shall be made to an account (USD Savings Account) opened and maintained by the Beneficiary with any branch of the Philippine National Bank (PNB).
After the death of a Seafarer, the payment of the monthly benefit shall commence twenty four (24) months following the valid and due payment of the death compensation. However, no monthly benefit shall commence to be paid until after final resolution of any pending actions/disputes arising from such payment of the death compensation.
No. Only a Seafarer who died on board is qualified to the pension Benefit Fund.
No.
- For JSU, TCCC IMEC and TCCC NIBF CBAs, the pension benefit is paid for a fixed non-extendible period of sixty (60) months.
- For NIS/Model CBAs, the pension benefit is paid for a fixed non-extendible period of one hundred twenty (120) months effective December 2020.
No. It is payable monthly.