GSIS earmarks PhP2.4B in emergency loan for Taal-hit members, pensioners in Batangas, Cavite

Date Posted: January 24, 2020 State pension fund Government Service Insurance System (GSIS) has set aside almost Php2.4 billion in emergency loan for its active members and pensioners working or residing in Batangas and Cavite provinces who were affected by the Taal Volcano eruption. “Our offices in Pasay and Batangas City will be open even on Saturdays to accommodate pensioners who will apply for the emergency loan over the counter, and members who will apply through the GSIS Wireless Automated Processing System (GWAPS) kiosks,” GSIS Chairman and Acting President and General Manager Rolando Ledesma Macasaet said. GWAPS kiosks are also...

Advisory to All Department of Education (DepEd) Personnel

All Department of Education (DepEd) personnel may apply for the GSIS Financial Assistance Loan (GFAL) until July 26, 2020. The extension from the previously announced deadline (December 2019) will enable more DepEd personnel to take advantage of the GFAL’s low amortization and longer payment terms. The deadline for GFAL application for other GSIS members is also July 26, 2020.

GSIS released PhP13B loan to 36K DepEd personnel

Date Posted: January 17, 2019 State pension fund Government Service Insurance System (GSIS) has released a total of PhP12.95 billion in GSIS Financial Assistance Loan (GFAL) since the program started in May 2018, benefiting 36,692 personnel of the Department of Education (DepEd). “The combined nationwide figures posted in GFAL’s first six months of implementation signify positive acceptance by our members in DepEd. We continue to encourage qualified DepEd employees to avail of GFAL to ease their burden in paying their loans,” GSIS President and General Manager Jesus Clint Aranas said. GFAL is a debt-consolidation and balance-transfer facility that seeks to...

GSIS extends housing condonation program until Dec 2019

Date Posted: December 22, 2018 State pension fund Government Service Insurance System (GSIS) has extended its housing account condonation program until December 31, 2019, to give prospective applicants more time to pay off their housing accounts. “We fully understand the predicament of our housing buyers and borrowers who are struggling to keep their homes, so we heeded their appeal. The program’s cutoff date was moved to December 2019 to help them finally own their house,” GSIS President and General Manager (PGM) Jesus Clint Aranas said. The housing condonation program seeks to lighten the burden of prospective applicants in settling their...