GSIS offers COVID-19 emergency loans
MANILA, Philippines – Starting Monday, the state-run pension fund, Government Service Insurance System (GSIS), will accept new applications for its COVID-19 emergency loan program.
Loan applications from active members and retirees will be accepted until June 21, GSIS said in a notice.
Those who have already benefited from the COVID-19 emergency loan are no longer qualified. GSIS said qualified borrowers with existing emergency loans could borrow up to 40,000 pesos.
—Ben O. from Vera
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