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.

GSIS earmarks Php1.6-B in emergency loan for Agaton-hit members, pensioners

Date Posted: February 20, 2014 State pension fund Government Service Insurance System today announced that the pension fund budgeted Php1.6 billion in emergency loans for more than 73,000 active members and nearly 12,000 old-age pensioners affected by typhoon Agaton in Northern Mindanao, Caraga and Davao Region. “For active members, we opened a special emergency loan package with an increased credit limit of up to Php40,000 and a waiver of the requirement to pay 12 monthly amortizations before renewing the loan, ” President and General Manager Robert G. Vergara said.