GSIS offers emergency loan until April 9 in 9 Mindoro areas due to oil spill

Date published: Mar 14,2023March 14, 2023

The Government Service Insurance System (GSIS) opened its emergency loan until April 9, 2023 for active members and old-age and disability pensioners in nine Oriental Mindoro areas affected by the oil spill. The accident emanated from a motor tanker that capsized off the coast of Naujan, Oriental Mindoro last February 28. GSIS pension fund chief Wick Veloso heeded the appeal of President Ferdinand Marcos Jr. to ensure that help is extended by government agencies to those hit by the oil spill. “The oil spill has affected more than half of Oriental Mindoro. With our P129 million emergency loan program, we...

GSIS earmarks P315 M in emergency loan for 13K members, pensioners affected by Oriental Mindoro oil spill

Date published: Mar 08,2023March 8, 2023

State pension fund Government Service Insurance System (GSIS) President and General Manager Wick Veloso announced today that GSIS has earmarked P315 million in emergency loan for members and pensioners who were affected by the oil spill that emanated from a motor tanker that capsized off the coast of Naujan, Oriental Mindoro last February 28. Veloso heeded the appeal of President Ferdinand Marcos Jr. to ensure that help is extended by government agencies to those hit by the oil spill. “The oil spill has affected more than half of Oriental Mindoro. With our emergency loan program, we hope to alleviate the...