Live Breaking News & Updates on Ut Not To Exceed Php5 Million

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 ....

Government Service Insurance System , Mindoro Oriental , Rolando Ledesma Macasaet , Program For Restructuring , General Manager Rolando Ledesma Macasaet , Computer Loan , Assistance Loan , Enhanced Pension , Pensioner Emergency Loan , Manila The Government Service Insurance System Gsis Has Releaseda Total Of Php221 Billion In Loans To 1 38 Million Active Members And Pensioners Nationwide From January 2021 May 15 , 022 Quot We Rolled Out Several Programs Under Our Ginhawa For All Benefit Bundles To Extend Financial Assistance Ata Time When Members And Pensioners Needed It Most Alam Namin Na Gsis Ang Inaasahang Mangalaga Sa Seguridad At Kapakanan Ng Mga Kawani Gobyerno Malaking Responsibilidad Ito Ay Bahagi Ating Tungkulin Know That Will Have Take Care The Security Welfare Of Government Employees This Big Responsibility Is Part Mandate , Uot Gsis President And General Manager Rolando Ledesma Macasaet Said Ina News Release On Thursday Of The Total Amount Loans Granted , Hp165 Billion Was In Multi Purpose Loan Mpl , Hich Benefitted 468 , 872 Borrowers The Loan Aims To Help Active Members , Articularly Those Who Have Reached Their Borrowing Limit And Unable To Pay Loans Mpl Consolidates Members 39 Existing Waives Surcharges On In Default Loan Accounts April 2022 , Sis Launched The Enhanced Mpl Program By Coming Out With Plus Under , Embers May Apply For Up To 14 Times Their Basic Monthly Salary , Ut Not To Exceed Php5 Million , Epending On Their Premium Payments The Loan Hasa Low Interest Rate Of 7 Percent And Its Term Has Been Extended To 10 Years Under Another Product , He Computer Loan Program , Sis Disbursed Php7 6 Billion In Gross Proceeds To 253 , 481 Borrowers It Isa Loan Window That Grantsa Php30 , 000 Assistance To Gsis Members For The Purchase Ofa Computer Unit Their Work From Home Arrangement Or Children 39s Online Classes Loan Is Payable In Three Years With 6 Percent Interest Per Annum This Year , Sis Extended The Implementation Of Program For Another Three Months Or Until June 2022 To Give More Time 1 56 Million Qualified Members Avail Loan Gsis Also Processeda Total 64 , 381 Applications Under The Gsis Financial Assistance Loan Gfal Program From 2021 May 15 ,