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GSIS grants emergency loan to quake-hit members in Negros Oriental

The Government Service Insurance System approved the grant of emergency loans for members in Negros Oriental who were affected by the magnitude 6.8 earthquake that hit the province on February 6.

“We are looking at more than 8,000 members who are eligible under the Emergency Loan Program and we have allocated Php164 million for them,” Robert G. Vergara, President and General Manager, said.

Qualified members can avail of the P20,000-Emergency Loan from February 8,  2012 to March 9, 2012 in any of the 11 GSIS kiosks, deployed throughout Negros Oriental, using either their UMID card or temporary card.

The kiosks are located in the following areas — Provincial Capitol; Department of Education-Capitol Area; GSIS Dumaguete Office; Bayawan City Hall; Bais City Hall; Guinhulngan City Hall; Kanlaon City Hall; Tanjay City Hall; and Siaton City Hall.

Members who do not have  a UMID Card but who are eligible to apply for the loan can apply over-the-counter (OTC) at the GSIS Dumaguete Branch office.

Members who can avail of the loan are the following:  bona fide employees of the agency located in the calamity area or residents of the calamity area; in active service and not on leave of absence without pay; have no pending criminal or administrative charges; have no arrearages in the payment of mandatory social insurance contributions; and have no loan that has been declared in default.

Also, the agency of the member-applicant must not be suspended because of non-payment and non-remittance of premiums and loans.