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GSIS loan restructuring program ends June 30

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 ....

Government Service Insurance System , Mindoro Oriental , Program For Restructuring , Bayad Center , Min Operations Group , Vis Min Operations Group , Laging Handa , Manila The Government Service Insurance System Gsis Reminded Members With Unpaid Loads To Apply For Program Restructuring And Repayments Of Debts Prrd Until June 30 Deity Manampan , Sis Vice President For Vis Min Operations Group , Aid The Prrd Will Save Them From Legal Troubles And Other Consequences Quot We 39 Ll Give Another Chance To Settle Loan , Specially Those Na Meron Pa Palang Matatanggap Who Will Still Have Receivables At The Age Of 60 , Apos Pinabayaan Niyo 39 Yung Mga Then You Ignored Your Loan Accounts Sayang Naman It Will Bea Waste , Uot Manampan Said During Friday 39s Laging Handa Public Briefing Instead Of Receiving Their Pension , T Will Be Forfeited To Make Up For Loan Payments Quot So , His Is Your Chance Now We Are Waiving The Penalties And Surcharges Pero Kailangan Nyo Pong Mag Apply But You Need To Officially Sa At Gsis , Uot Manampan Said The Application Should Include Two Valid Identification Cards And Prrd Form Which Can Be Downloaded From Gsis Website Or Secured Any Office Isa One Time Condonation Restructuring Program Under 39s Quot Ginhawa Convenience For All , Hich Covers Salary Loans , Cash Advance , Onsolidated Loans , Emergency Loans , Ducational Assistance Loans , Nd Policy Loans , Mong Others If The Borrower Isa Retiree Who Will Receive Pension At Age 60 Or After Five Years , He Payment May Be Deducted From The Pension If Loan Is Settled By Legal Spouse , T Will Be Deducted From The Survivorship Pension Or Paid Through Nearly 3 , 000 Bayad Center Partner Outlets Nationwide Pna ,

GSIS loan condonation program extended until June 30

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 ....

Government Service Insurance System , Rolando Macasaet , Program For Restructuring , Bayad Center , Manila Inactive Members Of The Government Service Insurance System Gsis Will Have More Time To Settle Their Loans As Condonation Program Has Been Extended June 30 President And General Manager Rolando Macasaet Announced On Tuesday That They Waive All Penalties From Outstanding Principal Quot We Encourage Our Apply For This , Hich Also Gives Them The Option To Pay Their Loan Balances Ona Three Year Installment Basis At 10 Percent Interest Per Annum Only , Uot Macasaet Said Ina Statement Dubbed Program For Restructuring And Repayment Of Debts Prrd , Acasaet Said The One Time Condonation And Restructuring Program Covers Various Service Loans Like Salary , Cash Advances , Onsolidated Loans , Emergency Loans , Ducational Assistance Loans , Nd Policy Loans Prrd Availees May Settle Their Directly At Gsis Offices Or Through Partner Payment Facility Bayad Center Quot If The Borrower Isa Retiree Who Will Receive Pension Age 60 After Five Years , He Payment May Be Deducted From His Or Her Pension If The Loan Will Settled By Legal Spouse , E Or She May Have It Deducted Fromthesurvivorship Pension Pay Through The Almost 3 , 000 Bayad Partner Outlets Nationwide , Uot Macasaet Added He Said The Gsis Intends To Recover And Collect Outstanding Loan Accounts Through Prrd Ensure Members Will Continue Receive Their Benefits Pna ,