GSIS COVID-19 Emergency Loan Program – New Contribution Requirement

Guide on GSIS COVID-19 Emergency Loan Program Contribution Requirement in Applying

GSIS COVID-19 EMERGENCY LOAN PROGRAM – Here is a guide on the new contribution requirement under this offer of the Government Service Insurance System (GSIS).

There are really a lot of benefits if you have a membership to government agencies like the Government Service Insurance System. It is more commonly called as GSIS.

Most members of GSIS are those who are working in government agencies and in the public sector. Some are private company employees who changed career or workplace after working for the government.

Every month, members of the GSIS remits a part of their salary to the government institution. Accumulated remittances may make a member eligible to apply for the benefits, loans, and programs offered by the social insurance institution.

One of the loan programs offered by the Government Service Insurance System is the GSIS COVID-19 Emergency Loan Program. It intends to help the members cope with the situation now amid the crisis.

Recently, it was reopened following President Rodrigo Roa Duterte signing the Presidential Proclamation No. 1021. It extends the state of calamity in the entire Philippines due to the COVID-19 pandemic.

The government agency has implemented a change in the contribution requirement in applying for the GSIS COVID-19 Emergency Loan Program. Previously, 6 months savings is required. Now, members who only have three months paid premiums may apply for the said loan offer.

Do you want to know how much you can borrow under this GSIS loan offer? Feel free to visit – GSIS COVID-19 Emergency Loan – How Much Member May Borrow Under It.

Thank you for visiting our website. We hope we have helped you with regards to this GSIS matter. You may keep coming back for more informative guides.

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