GSIS extends COVID-19 loan moratorium to June

Date Posted: June 26, 2020 Government Service Insurance System (GSIS) President and General Manager Rolando Ledesma Macasaet announced today that the state pension fund has extended its COVID-19 loan moratorium program for members, pensioners and other borrowers by another month or until June 2020, making it a four-month moratorium. “The extension will provide relief to many government employees and pensioners whose families are having financial difficulties because of the COVID-19 crisis. We earlier implemented a three-month moratorium from March to May 2020 However, with the continuing crisis and quarantine measures, we made it a four-month moratorium to tide over our...

GSIS set to release ₱12.9 million in insurance benefits to 8 government frontliners who succumbed to COVID-19

Date Posted: April 30, 2020 The Government Service Insurance System (GSIS) is set to release ₱12.9 million in life insurance benefits to the families/beneficiaries of the eight government health workers who succumbed to the COVID-19 virus. This was announced today by Rolando Ledesma Macasaet, President and General Manager of the state pension fund. “Our insurance officers are already coordinating with the bereaved families. Once the papers are duly processed, we will release the amounts without delay,” Macasaet said. “And as promised, we will be granting an additional ₱500,000 under our Bayanihan Fund for Frontliners (BFF) on top of their regular...

GSIS provides additional half-million-peso life insurance to COVID-19 gov’t frontliners

Date Posted: April 17, 2020   The Government Service Insurance System (GSIS) will provide additional life insurance coverage to a total of 27,682 frontline workers of the government nationwide who are putting their lives at risk in the fight against COVID-19. This was announced today by Rolando Ledesma Macasaet, President and General Manager of the state pension fund. “The GSIS Board of Trustees, headed by our Chairman, former Chief Justice Lucas Bersamin, recently approved the establishment of the Bayanihan Fund for Frontliners (BFF), which entitles the survivors of government frontliners who died of COVID-19 to receive an additional Php500,000 in...