GSIS earmarks P272M in emergency loan for Davao de Oro members, pensioners

State pension fund Government Service Insurance System (GSIS) set aside close to P272 million in emergency loan for members and pensioners who were affected by massive flooding due to heavy rains in the province of Davao de Oro in April. GSIS is accepting applications until July 5. Expected to benefit from the loan are 12,325 active members and 1,257 old-age and disability pensioners. Active members must be working or residing in the calamity-declared area. To qualify for the program, they must not be on leave of absence without pay, have no pending administrative case or criminal charge, have at least...

GSIS extends deadline to COVID-19 Emergency Loan application until August 12

Date Posted: July 20, 2020 State pension fund Government Service Insurance System (GSIS) announced on Friday, July 10, 2020, that it has extended the filing of application for its COVID-19 Emergency Loan program for another month or until August 12, 2020. “We are extending the July 12 deadline to give more time for our members and old-age and disability pensioners affected by the public health crisis to apply for the loan. We are expecting to reach out to more than 1.3 million members who are qualified for the loan with a projected total amount of Php 43 billion,” GSIS President...