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 grants 3-month moratorium on loan payments

Date Posted: April 7, 2020 015-2020: Memorandum Circular – Moratorium on All Loan Payments of GSIS Members and Pensioners Affected by Corona Virus Disease 2019 (COVID-19) President and General Manager Rolando Ledesma Macasaet today announced that the Board of Trustees (BOT) of the Government Service Insurance System (GSIS) approved Resolution No. 42-2020 granting a moratorium on loan payments of GSIS members and pensioners, including housing loan amortization of borrowers. “The GSIS Board of Trustees, in compliance with the “Bayanihan Heal as One” Law, decided to grant a moratorium to our borrowers,” Macasaet said. Section 4 (aa) of Republic Act 11469,...

GSIS declares moratorium on loans of Glenda-hit members, pensioners in Albay

Date Posted: September 2, 2014 State pension fund Government Service Insurance System (GSIS) today announced that a six-month moratorium will be implemented for Glenda-hit members and pensioners in Albay to help in their recovery efforts. “The moratorium will enable our members and pensioners to use the deferred payments on their outstanding GSIS loans for the repairs of their homes and other urgent needs,” GSIS President and General Manager Robert Vergara said.

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