GSIS sets loans for ‘Agaton’ survivors

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Government workers affected by Typhoon Agaton in Mindanao may avail of an emergency loan from state insurer Government Service Insurance System (GSIS) starting January 24.

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In a statement on Friday, the GSIS said it will grant emergency loans to more than 48,000 members who either work or reside in areas devastated by Agaton and declared under a state of calamity by the National Disaster Risk Reduction and Management Council.

These areas include the provinces of Agusan Del Norte (including Butuan City), Agusan Del Sur, Lanao Del Norte (including Iligan City), Surigao Del Norte and the municipalities of Kalong, Carmen, Asuncion, New Corella and Tagum City in Davao Del Norte.

The GSIS said that members may apply for the loan beginning on January 24 until February 22, 2014.

“They may apply either through any GSIS branch under its ‘file anywhere’ policy or through the GSIS Wireless Automated Processing System [GWAPS] kiosks stationed in provincial capitols, city halls, selected municipal offices, and large agencies,” the insurer said.

It added that portable kiosks will also be deployed in areas to facilitate the loan application of affected members.

The GSIS also noted that members may avail of the emergency loan even if they are not on leave of absence without pay; have no arrears in the payment of mandatory monthly contributions; and have no loans that are declared in default.

“Members who do not have eCards but who are eligible to apply for the loan may apply over-the-counter [OTC] at any GSIS office. Proceeds of OTC applications will be credited to a temporary eCard,” it stated.

Meanwhile, the state insurer said that if the loan proceeds were not credited within seven days from the date of application, members may go to the nearest GSIS office or the nearest kiosk for the status of their account.

GSIS has budgeted a total of P5 billion for emergency loans this year. In 2013, the insurer, released P5.7 billion in emergency loans which benefited close to 304,000 members.

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2 Comments

  1. GSIS must also consider the request of the people affected by Agaton to lift up or raise the amount from 20 to 40 thousand in order to stand again. How can we recover if mentally we are being tortured by the GSIS’s strict policy.
    Hope the advisory will be released ASAP because if only the government has considered the salary increase every year, there would be no problem encountered like this.. Away kayo ng away sa congress, ginagastos nyo ang pera ng mga tao sa walang kabuluhang pag aaway. Okay lang sana kung gumagastos kayo ng sarili nyong pera pero hindi, I surely know na reimbursement lahat ng gastos nyo.
    Magpakatino nman kayong nasa kongreso. mahiya nman kayo!

  2. pls. help. marami pong mga government employee na affected ng bagyong agaton pero hindi sila naka avil ng gsis emergency loan, panu cla maka recover and restore their lives kung ang gsis strikto sila sa requirements, what is emergency loan is for? SANA MAKARATING ITO SA GSIS, NA SANA KAHIT KUNTI MERON MAKUHA ANG MGA SURVIVORS