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GSIS opens emergency loan in 4 dengue-affected areas

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By Chino S. Leyco

State-run Government Service Insurance System (GSIS) announced yesterday that it has opened an emergency loan facility in four dengue-affected areas declared under a state of calamity.

GSIS logo (Courtesy of gsis.gov.ph)

GSIS logo (Courtesy of gsis.gov.ph)

In a statement, the pension fund for government workers said that active members and pensioners in Samar province, municipalities of Pontevedra and Sigma in Capiz, as well as Sofronio Espanola in Palawan can tap the emergency loan window.

According to GSIS, the fund allocated almost P633 million for the loan in these four areas under dengue outbreak.

“The loan application deadline for Samar, Pontevedra, and Sigma is September 20, while that for Sofronio Espanola is September 22,” GSIS said.

Active members with no existing emergency loan and old-age pensioners may apply for a P20,000 loan, GSIS said, while those who have not yet fully paid their emergency loan may apply for a P40,000 loan, from which the outstanding balance will be deducted.

“Qualified to apply are active members who are working or residing in the calamity-declared areas, not on leave of absence without pay, have no arrears in paying monthly mandatory life insurance or social insurance premium contributions, and have no unpaid loans for more than six months,” GSIS said.

“They should also have a minimum net take-home pay of P5,000 after the monthly premium contributions and loan amortizations have been deducted,” it added.

Active members may apply through the GSIS Wireless Automated Processing System (GWAPS) kiosk located in all branch and extension offices; provincial capitols; city halls; selected municipal offices; and large government agencies such as the Department of Education.

Applicants may also go to Robinsons Malls and SM City branches in North EDSA, Manila, Pampanga, Cebu, SM Aura in Taguig, SM Southmall in Las Piñas, and Mall of Asia in Pasay City.

Old-age pensioners, meanwhile, must file their application over the counter to safeguard their identity. If they are also active members, they may apply for the loan only once.

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