GSIS extends condonation program for inactive members until June

State pension fund Government Service Insurance System (GSIS) is extending the condonation program for its former members until June 30. Dubbed Program for Restructuring and Repayment of Debts (PRRD), it is a one-time condonation and restructuring program under GSIS’s Ginhawa for All program. It was launched to help members who are already out of the service to settle their outstanding loan obligations in full or in part. “Pinalawig natin hanggang Hunyo 2022 ang PRRD para makapagbigay ng ginhawa sa mas marami pang inactive members na gustong mag-apply ng condonation o ipagpatuloy ang kanilang pagbabayad ng kanilang loans sa ilalim ng...

GSIS computer loan extended until Dec 31

Date Posted: 26 April 2021 State pension fund Government Service Insurance System (GSIS) has extended the application deadline for the GSIS Computer Loan program until December 31, 2021. “The GSIS Computer Loan is intended to assist government employees in purchasing a computer unit for their online work or even for the virtual classes of their children. Under the program, GSIS members may borrow Php30,000, payable in three years at an interest of 6% per annum. The loan is very member-friendly as it has a monthly amortization of only Php 983.33. And the application may be done online,” GSIS President and...

GSIS reopens COVID-19 Emergency Loan for Sept 28-Dec 27

Date Posted: September 28, 2020 State pension fund Government Service Insurance System (GSIS) is reopening the COVID-19 Emergency Loan program today, September 28, until Dec 27 this year to its members and pensioners. GSIS moved to reopen the loan window after President Rodrigo Duterte signed Proclamation No. 1021 extending the state of calamity in the country due to the pandemic. “Gusto naming mabigyan ng ginhawa ang ating active members at old-age at disability pensioners na apektado nitong pandemya at hindi pa nakikinabang sa pribilehiyong ito. To date, there are still 700,000 of our 1.3 million qualified members and pensioners who...

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...