GSIS to release Php174 M in cash benefit to active members starting Dec. 23

Date Posted: December 26, 2019 Starting December 23, state pension fund Government Service Insurance System (GSIS) will distribute the 2018 cash benefit to its active members amounting to Php174 million. More popularly known to GSIS members as dividend, the cash benefit will be given to qualified compulsory policy holders of the GSIS life insurance program. “We will automatically credit the cash benefit of our members to their eCard or Unified Multipurpose Identification (UMID) card,” GSIS Chairman and Acting President and General Manager Rolando Ledesma Macasaet said. Entitled to the 2018 cash benefit are GSIS members whose compulsory life insurance policies...

GSIS opens financial assistance loan for allDepEd members on May 15

Date Posted: May 11, 2018 The Government Service Insurance System (GSIS) will start to accept applications for the GSIS Financial Assistance Loan (GFAL) program for personnel of the Department of Education (DepEd) starting May 15. Under the program, GSIS will lend a maximum amount of PhP500,000 to DepEd borrowers to pay the outstanding balance of their loan from accredited private lending institutions. “Instead of offering the GFAL to DepEd personnel in selected cities and municipalities on a pilot run, we decided to open it to all teachers and teaching personnel nationwide because we want more teachers to benefit from lower...