THE Government Service Insurance System (GSIS) announced setting aside P6 billion to extend emergency loans to members and pensioners of the state-run fund affected by Super Typhoon Goring (international name: Saola). “We prepared our support, including emergency loan assistance, to ensure our members and pensioners are fully aware of this…
THE Government Service Insurance System announced setting aside P6 billion to extend emergency loans to members and pensioners of the state-run fund affected by Super Typhoon Goring .
“The GSIS has allocated a P6 billion budget for this purpose and we are ready to assist those who are in need,” Veloso added. “Pensioners living in the affected areas can also avail of the loan. However, their net monthly pension, after accounting for the loan, should not fall below 25 percent of their basic monthly pension,” it said.
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