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
The Government Service Insurance System (GSIS) on Thursday said it released a total of P221 billion in loans to 1.38 million active members and pensioners nationwide in the period from January 2021 to May 15, 2022.
State-run Government Service Insurance System (GSIS) has released P221 billion in loans to 1.38 million active members and pensioners nationwide since January last year. Rolando Ledesma Macasaet, GSIS president and general manager said on Thursday, June 16, that of the total amount of loans granted
MANILA - State pension fund Government Service Insurance System (GSIS) has already collected PHP113 million in loan payments after over 10 months of implementation of its partnership with Bayad (former Bayad Center). "Maraming salamat sa suporta ng aming miyembro at pensiyonado (Thank you very much for the support of our members and pensioners). We have so far collected PHP113.33 million for 17,720 transactions with Bayad. Ito ay patunay na maginhawa, mabilis at ligtas ang transactions sa Bayad (This is a proof that transactions with Bayad are convenient, fast, and safe)," GSIS president and general manager Rolando Ledesma Macasaet said in a statement Tuesday. GSIS's collections include PHP36.06 million for 5,144 conso-loan accounts; PHP26.26 million for 2,018 GSIS Financial Assistance Loan accounts; PHP16.05 million for 2,396 Multipurpose Loan accounts; and PHP12.95 million for 3,395 emergency loan accounts, among others. "Kaagapay kayo ng GSIS sa pangangalaga ng at
The computer loan program of the state pension fund Government Service Insurance System (GSIS) for its members will still be available until June 30 this year. The agency’s Ginhawa for All (GFAL) Computer Loan aims to provide a loan window that grants a P30,000-assistance to GSIS members for the