Guide on GSIS Pensioner Emergency Loan Eligibility Requirements
GSIS PENSIONER EMERGENCY LOAN – Here is a guide on who are eligible to apply for this loan offer of the Government Service Insurance System (GSIS).
Undeniably, most of us look forward to being a pensioner someday. That is why we really strive to have an updated account with a social insurance institution in which we are a member of.
In the Philippines, there are two (2) social insurance institutions ran by the state – the Government Service Insurance System or GSIS and the Social Security System or SSS.
With regards to GSIS, most of its members are employees of the government or the public sector. The members remit a part of their salaries monthly as savings.
Another good thing about the GSIS is that not only members can be pensioners someday but they also have a loan offer. In times of calamity, the pensioner may apply for a loan.
The said loan offer is the GSIS Pensioner Emergency Loan. Who are eligible to apply for it?
According to the social insurance institution, to be eligible to apply for the GSIS Pensioner Loan, the member-applicant must be:
- a pensioner of the Republic Act 660;
- the Presidential Decree 1146; or
- the Republic Act 8291
- having no outstanding service loans
- residing in an area declared under a state of calamity
Do you want to know how much you can borrow under the said GSIS offer? You may visit – GSIS Pensioner Emergency Loan – How Much GSIS Pensioner May Borrow.
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