GSIS offers Php244M calamity assistance in Ursula-hit Eastern Samar

Date published: Mar 06,2020March 6, 2020

Date Posted: March 6, 2020 The Government Service Insurance System (GSIS) opened a Php244-million emergency facility for members and pensioners in Eastern Samar (except Guiuan) who were affected by typhoon Ursula. A total of 12,197 active members working or residing in the province, as well as old-age and disability pensioners, may apply for a Php20,000 emergency loan until March 13, 2020. Earlier, the same loan window was opened in Guiuan, which ran from January 21 to February 19, 2020. Active members may qualify for the loan if they are working or residing in Eastern Samar; have updated premium payments within...

GSIS allots Php1.1B in emergency loan for members, pensioners in Ursula-hit Iloilo

Date published: Feb 21,2020February 21, 2020

Date Posted: February 21, 2020 The Government Service Insurance System (GSIS) has earmarked Php1.1 billion in emergency loan for its 42,141 members and 12,128 pensioners in Iloilo who were affected by typhoon Ursula. With a loanable amount of Php20,000, the loan is payable in 36 equal monthly instalments at 6% interest rate computed in advance. It is covered by a loan redemption insurance which deems the loan fully paid in case of the borrower’s demise, provided that loan payment is up to date. To qualify, active members must be working or residing in Iloilo; have updated premium payments within the...