Guide on GSIS Penalty Condonation Offer – Qualifications, Fees to be Waived
GSIS PENALTY CONDONATION OFFER – The Government Service Insurance System (GSIS) got this offer for government agencies with unsettled premiums.
Many private and public businesses and companies in the Philippines struggled amid the COVID-19 crisis in the country. Unfortunately, many of them were not able to cope with the demands of the pandemic. The week-long if not month-long strict community quarantine measures that require adjustment on business and office operations have deep effects that were not bearable for some.
Truth be told that there are a lot of businesses and offices in the country that rely on daily operations. Thus, many found it hard to cope with the “new normal” set by the pandemic as it affected almost everything.
In the case of other private and public agencies that managed to stay afloat amid the crisis, they got some shortcomings like having unpaid premiums.
There are government agencies in the country that missed to remit the premiums of their employees. For the agencies under the Government Service Insurance System, there is currently an offer for agencies with unsettled premiums.
Government agencies with unpaid premiums may turn to the GSIS Penalty Condonation Offer. Offices may apply for a percentage of the penalties incurred to be waived. The government agency has set qualifications or standards for agency applicants – GSIS Penalty Condonation: Qualifications Set Under this Grant.
With regards to the amount of the penalties to be waived under the GSIS Penalty Condonation offer, it is on a case-to-case basis. To check on how much penalties may be waived, you may visit – GSIS Penalty Condonation on Unpaid Premiums: How Much Will Be Waived.
To apply for this offer, you may visit GSIS website, www.gsis.gov.ph or Facebook account, @gsis.ph; email [email protected]; or call the GSIS Contact Center at 8847-4747 (if in Metro Manila), 1-800-8-847-4747 (for Globe and TM subscribers), and 1- 800-10-847-4747 (for Smart, Sun, and Talk ‘N Text subscribers).
You may also visit – GSIS LOANS – 3 Ways To Apply For GSIS Loan Offer