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 - Inactive members of the Government Service Insurance System (GSIS) will have more time to settle their loans as the condonation program has been extended to June 30. GSIS president and general manager Rolando Macasaet announced on Tuesday that they will waive all penalties from outstanding principal loans. "We encourage our inactive GSIS members to apply for this program, which also gives them the option to pay their loan balances on a three-year installment basis at 10 percent interest per annum only," Macasaet said in a statement. Dubbed Program for Restructuring and Repayment of Debts (PRRD), Macasaet said the one-time condonation and restructuring program covers various service loans like salary loans, cash advances, consolidated loans, emergency loans, educational assistance loans, and policy loans. PRRD availees may settle their loans directly at GSIS offices or through partner payment facility Bayad Center. "If the borrower is a retiree who will receive t
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 Government Service Insurance System (GSIS) announced on Tuesday, Nov. 30 that their improved pension loan can now be availed by old-age pensioners.
GSIS "Ang GSIS enhanced pension loan ay ang dating GSIS pension loan na pinaganda ang features upang mas matugunan ang pinansyal na pangangaila