GSIS offers loans for Florita victims | Inquirer News

GSIS offers loans for Florita victims

/ 05:10 AM August 25, 2022

The GSIS will open an emergency loan program for its quake-hit members and pensioners in Abra

The GSIS Complex in Pasay (Photo from the GSIS Facebook account)

MANILA, Philippines — The Government Service Insurance System (GSIS) on Wednesday said it would activate its emergency loan program for members and pensioners badly hit by Tropical Storm Florita (international name: Ma-on).

GSIS members who have an existing emergency loan balance may borrow up to P40,000 to pay off their previous emergency loan balance and still receive a maximum net amount of P20,000.

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Those without an existing emergency loan may apply for P20,000. Pensioners may likewise apply for a P20,000 loan, said GSIS President Wick Veloso.

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