{"id":254494,"date":"2020-05-11T05:13:55","date_gmt":"2020-05-11T09:13:55","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=254494"},"modified":"2020-05-11T05:13:55","modified_gmt":"2020-05-11T09:13:55","slug":"gsis-grants-p4b-in-loan-aid-to-govt-workers-pensioners","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/05\/11\/gsis-grants-p4b-in-loan-aid-to-govt-workers-pensioners\/","title":{"rendered":"GSIS grants P4B in loan aid to gov\u2019t workers, pensioners"},"content":{"rendered":"<figure id=\"attachment_230319\" aria-describedby=\"caption-attachment-230319\" style=\"width: 415px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/09\/pna-office-new.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-230319\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/09\/pna-office-new.jpg\" alt=\"\" width=\"415\" height=\"260\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/09\/pna-office-new.jpg 415w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/09\/pna-office-new-300x188.jpg 300w\" sizes=\"auto, (max-width: 415px) 100vw, 415px\" \/><\/a><figcaption id=\"caption-attachment-230319\" class=\"wp-caption-text\">In addition to these regular loan programs, the state pension fund opened the coronavirus disease 2019 (Covid-19) emergency loan program to its 2.1 million members and pensioners last April 13. (PNA file photo)<\/figcaption><\/figure>\n<div dir=\"auto\"><strong>MANILA<\/strong>\u00a0\u2013 The Government Service Insurance System (GSIS) has released a total of PHP4.1 billion in loans to some 60,000 government workers and pensioners nationwide as of April 30.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">This was reported Monday by Rolando Ledesma Macasaet, president and general manager of the state pension fund.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">While most parts of the country are still in enhanced community quarantine (ECQ), GSIS was able to disburse PHP3.48 billion in various loans (conso-loan, policy loan and pension loan) to a total of 25,198 GSIS members and pensioners nationwide between the period March 27 and April 30.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">In addition to these regular loan programs, the state pension fund opened the coronavirus disease 2019 (Covid-19) emergency loan program to its 2.1 million members and pensioners last April 13.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cI am very proud to say that in just 17 days, from April 13 to April 30, GSIS has granted PHP664 million in emergency loan to some 33,000 borrowers nationwide,\u201d Macasaet said.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Earlier this month, this loan program was enhanced to make it more responsive to the needs of GSIS members and pensioners.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Under the enhanced program, Macasaet said members who have in-default loan accounts with arrears of more than six months are now allowed to renew their emergency loan.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">\u201cWe have also reduced the paid premium requirement from six months to only three months,\u201d he said. \u201cHowever, since this is the first time for GSIS to offer the emergency loan on a national scale, there may be some delays due to systems maintenance activities. I am grateful for the patience and understanding of our stakeholders during this time.\u201d<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Considering that systems enhancements are still in progress, members and pensioners whose emergency loans were renewed and granted from April 13 to 30 may renew their loans starting 11 May 2020.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0\u2013 The Government Service Insurance System (GSIS) has released a total of PHP4.1 billion in loans to some 60,000 government &hellip;<\/p>\n","protected":false},"author":33,"featured_media":230319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-254494","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/254494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=254494"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/254494\/revisions"}],"predecessor-version":[{"id":254495,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/254494\/revisions\/254495"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/230319"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=254494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=254494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=254494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}