GSIS granted P221B in loans to over a million gov’t employees, pensioners nationwide

The Government Service Insurance System (GSIS) has released a total of P221 billion in loans to 1.38 million active members and pensioners nationwide from January 2021 to May 15, 2022. “We rolled out several programs under our Ginhawa for All benefit bundles to extend financial assistance at a time when our members and pensioners needed it most. Alam namin na GSIS ang inaasahang mangalaga sa seguridad at kapakanan ng mga kawani ng gobyerno. Ang malaking responsibilidad na ito ay bahagi ng ating tungkulin,” GSIS President and General Manager Rolando Ledesma Macasaet said. Of the total amount of loans granted, P165...

GSIS disbursed P151 B in loans in 2021

State pension fund Government Service Insurance System (GSIS) disbursed a total of P151billion in loans to more than 1million members and pensioners in 2021, a 4% increase from the prior year’s total of Php145 billion. “Through our various Ginhawa for All (GFAL) loan programs, GSIS has extended financial assistance at a time when our members and pensioners were in dire need of help. Mula sa feedback at inputs ng aming mga miyembro at pensiyonado, patuloy naming pinag-aaralan at pinagbubuti ang aming mga polisiya at programa para mas matugunan ang kanilang pangangailangan at bigyan sila ng maginhawang serbisyo,” President and General...

GSIS grants over ₱200 B in loans to more than 1M gov’t workers, pensioners

Date Posted: 4 June 2021 “All in all, from 2019 up to today, GSIS has released Php208 billion in net loan proceeds to over a million members and pensioners,” President and General Manager Rolando Ledesma Macasaet said in his online address to employees during the GSIS’s 84th anniversary on Monday, May 31. Through its various loan products “GSIS has provided assistance to countless lives at a time when they needed our help the most,” Macasaet added. These include: More than Php108 billion to nearly 292,000 members who applied for the GSIS Financial Assistance Loan (GFAL) More than Php16 billion to...

GSIS offers low-interest loan with waiver on surcharges of other loans; phases out conso-loan

List of kiosks with MPL Date Posted: September 30, 2020 The Government Service Insurance System (GSIS) will launch on October 1 a loan facility that offers low interest, enhanced loan consolidation feature, longer payment term and one-time waiver of surcharges on all due and demandable GSIS loan accounts of its members, except housing and policy loan. Dubbed GSIS Multipurpose Loan (GSIS MPL), the new loan program gives borrowers an additional credit line that will help them consolidate and pay their outstanding GSIS loan balances. With the implementation of GSIS MPL, the Enhanced Conso-loan Plus will be phased out. All members...