GSIS offers emergency loanto members, pensioners in 4 Mindanao areas

Date Posted: April 24, 2018 The Government Service Insurance System (GSIS) is offering emergency loan to a total of 2,453 active members and old-age pensioners in Carrascal, Cantilan, and Lanuza in Surigao del Sur; and Cateel in Davao Oriental. The Surigao del Sur areas were affected due to tropical storm Basyang. Cateel was plagued by tropical storm Vinta and tropical depression Agaton. The application deadline is May 10. A total of 1,281 active members in the calamity areas who have no existing emergency loans may apply for a Php20,000 loan. The 804 active members who have not yet fully paid...

GSIS offers emergency loan to members, pensioners in 2 areas

Date Posted: February 27, 2018 The Government Service Insurance System (GSIS) is offering emergency loan to a total of 36,359 active members and old-age pensioners in Davao City, who were affected by typhoon Vinta, and Naujan in Oriental Mindoro, due to tropical depression Urduja. The deadline for application is March 10. A total of 24,933 active members in the areas who have no existing emergency loans may apply for a Php20,000 loan. The 4,923 active members in the areas who have not yet fully paid their loan may apply for a Php40,000 loan, from which the remaining balance will be...

GSIS posts greater benefit payout for first 11 mos of 2017

Date Posted: December 29, 2017 State pension fund Government Service Insurance System (GSIS) today announced that it paid more than Php85 billion in social insurance claims and benefits in the first 11 months this year, representing a 13% increase compared to the Php75.1 billion in the same period last year. These claims and benefits cover pension, retirement, life insurance, survivorship, disability, and funeral. The growth is attributed to the increased monthly old age pension of Php7.5 billion covering 316,323 pensioners, survivorship benefit amounting to Php338.2 million for 132,449 pensioners, as well as life insurance and retirement claims of Php616.8 million...

GSIS opens emergency loan for members, pensioners in Siay, Zamboanga Sibugay

Date Posted: September 19, 2017 A total of 695 Government Service Insurance System (GSIS) active members and old-age pensioners in Siay, Zamboanga Sibugay, who were affected by landslides, flashfloods, and overflowing of the Sibuguey River due to an inter-tropical convergence zone, may apply for emergency loan (EL) until September 23, 2017. The 610 active members, who have no existing emergency loans, may apply for the Php20,000 loan, while the 48 active members, who have not yet fully paid their previous emergency loan, may borrow Php40,000. Their remaining balance will be deducted from the new loan proceeds. To qualify, active members...