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GSIS extends emergency loan to Enteng-hit members, pensioners
PTVPhilippines
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9/4/2024
GSIS extends emergency loan to Enteng-hit members, pensioners
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00:00
Government Service Insurance System, or GSIS, extends its emergency loans to members and
00:05
pensioners in entangled heat areas once these places are officially declared in a state of
00:12
calamity. GSIS members and pensioners in places affected by the Southwest Monsoon and Super
00:19
Typhoon Karina can still apply until their respective deadlines. To qualify, active
00:24
members must live or work in a calamity area, have paid at least 6 premiums, and meet other
00:31
criteria. Old age and disability pensioners must ensure their net pension is at least
00:37
25% after loan deductions. Existing loan holders can borrow up to Php 40,000 to settle previous
00:46
loans while others can borrow up to Php 20,000. The loan has a 6% annual interest rate and a
00:54
3-year repayment term. Eligible members and pensioners can apply online via the GSIS Touch
01:01
mobile app or a GSIS Wireless Automated Processing System kiosk located in GSIS branches nationwide.
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