Frequently asked questions and answers on the Loan Moratorium Program for Sendong Victims Why did the GSIS offer  a loan moratorium to members affected by Typhoon Sendong? The GSIS Board of Trustees has approved the grant of a loan moratorium to GSIS members who are still reeling from the destructive effects of Typhoon Sendong to assist them in their financial needs in the face of the death of their loved ones, damaged homes and properties, and loss of livelihood or source of income. What is the basis for the grant of the loan moratorium? The GSIS Board of Trustees approved...

“Members of the the Government Service Insurance System  (GSIS)  who were affected by  heavy rains and flooding in some areas in the Visayas region  may now apply for emergency loan. ”  This was announced by  GSIS President and General Manager Robert G. Vergara today. GSIS members residing or working in the Province of Aklan; Cadiz City, Negros Occidental and nine municipalities in Leyte: Abuyog, Dagami, Javier, Julita, Mayorga, San Miguel, Tabontabon, Tanauan and Tolosa  may apply for emergency loan until February 27. According to Vergara, members in these areas experienced heavy rainfall in December last year that damaged infrastructure, crops...

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...

The Government Service Insurance System (GSIS) announced today that in addition to the grant of an emergency loan for members affected by Typhoon ‘Sendong’, the GSIS Board extended a moratorium on the payment of their outstanding loans as well. “The moratorium will enable Sendong-hit victims to use the deferred payments on their outstanding GSIS loans for more urgent needs such as repairing  damaged properties brought about by the typhoon,” GSIS President and General Manager Robert G. Vergara said. All active members who were granted emergency loan as a result of Typhoon Sendong are qualified to an automatic three-month moratorium or...