The Government Service Insurance System (GSIS) has released P1.5 billion in emergency loans to more than 44,000 members and pensioners affected by recent typhoons Crising, Dante and Emong, the agency said on Thursday.
GSIS Officer in Charge Juliet Bautista said the emergency loan facility was designed to provide immediate financial relief to public sector workers and retirees in areas under a state of calamity.
“As soon as the loan window opened, thousands of our members and pensioners turned to GSIS for help,” Bautista said. “This reflects how deeply the recent calamities have affected their lives and how urgently they need support.”
The loan offers a one-time borrowing of up to P40,000 for active GSIS members and P20,000 for pensioners.
Loan availability periods depend on the date of the calamity declaration and submission of requirements by local governments. Deadlines for application vary across affected areas:
Until August 15: Siquijor province
Until August 23: Calumpit (Bulacan), Umingan (Pangasinan)
Until August 25: Mangaldan, Mangatarem (Pangasinan)
Until August 28: Moncada and Paniqui (Tarlac), Anda and Lingayen (Pangasinan), Provinces of La Union and Laguna, San Carlos City (Pangasinan)
Until October 23: Cavite, Manila, Quezon City
Until October 24: Malabon, Marikina, Las Piñas, Navotas, Valenzuela, Roxas (Palawan), Agoncillo (Batangas), Balagtas (Bulacan), Malasiqui (Pangasinan), Bataan, Pampanga, Dagupan City
Until October 25: Caloocan
Until October 26: Muntinlupa
Until October 24: Rizal province
The GSIS encouraged affected members and pensioners to file their applications early and ensure complete documentation for smooth loan processing. –Lee Chipongian
