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MANILA - The Government Service Insurance System (GSIS) reminded members with unpaid loads to apply for the Program for Restructuring and Repayments of Debts (PRRD) Program until June 30. Deity Manampan, GSIS Vice President for Vis-Min Operations Group, said the PRRD will save them from legal troubles and other consequences. "We'll give them another chance to settle the loan, especially those na meron pa palang matatanggap (who will still have receivables) at the age of 60, tapos pinabayaan niyo 'yung mga (then you ignored your) loan accounts. Sayang naman (It will be a waste)," Manampan said during Friday's Laging Handa public briefing. Instead of receiving their pension, it will be forfeited to make up for loan payments. "So, this is your chance now. We are waiving the penalties and surcharges pero kailangan nyo pong mag-apply (but you need to apply officially) officially sa (at) GSIS," Manampan said. The application should include two valid identifica
The Government Service Insurance System (GSIS) granted a total of P221 billion of loans to 1.38 million active members and pensioners nationwide from January 2021 to May 15, 2022.
(GOVERNMENT SERVICE INSURANCE SYSTEM) “We rolled out several programs under our 'Ginhawa for All' benefit bundles to
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