MANILA - Government Service Insurance System (GSIS) President and General Manager Wick Veloso announced Wednesday that the pension fund will grant emergency loan to assist GSIS members and pensioners who are residing or working in areas affected by the 7.0-magnitude earthquake that hit the northern part of the country this morning. "We will ensure that our members and pensioners will receive financial assistance, through our emergency loan, to tide them over during the crisis. We are also in touch with all public entities affected by the earthquake to check if there are damaged government properties that may claim insurance from GSIS," Veloso said after President Ferdinand Marcos Jr. ordered the immediate mobilization of rescue and relief teams to affected areas. The pension fund chief said GSIS has allocated PHP5.4 billion for the emergency loan program this year. GSIS members who have existing emergency loan balance may borrow up to PHP40,000 to pay off their previous emerg
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