Latest Breaking News On - Articularly those who have reached their borrowing limit and unable to pay loans mpl consolidates members 39 existing waives surcharges on in default loan accounts april 2022 - Page 1 : comparemela.com
MANILA - The Government Service Insurance System (GSIS) has released a total of PHP221 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 (We know that GSIS will have to take care the security and welfare of the government employees. This big responsibility is part of our mandate)," GSIS President and General Manager Rolando Ledesma Macasaet said in a news release on Thursday. Of the total amount of loans granted, PHP165 billion was in multi-purpose loan (MPL), which benefitted 468,872 borrowers. The loan aims to help active members, particularly those who have reached their borrowing limit and unabl