CEBU – The Government Service Insurance System (GSIS) has allocated P1.7 billion in emergency loans to its members affected by rabies and the El Niño.
GSIS has over 77,000 members and qualified applicants include members who are by El Niño in Catbalogan City in Western Samar; Cordova, Naga City, and Toledo City in Cebu; Iloilo City; Buenavista in Guimaras; Bayawan City and Sta. Catalina in Negros Oriental; Antique; Basilan; and Datu Piang and Sultan sa Barongis in Maguindanao Del Sur.
And those residing or working in Buenavista, Marinduque, where rising rabies cases have been reported.
The GSIS said members and pensioners can borrow up to P40,000 to clear previous loans and receive a maximum net amount of P20,000, while those without existing loans can apply for up to P20,000.
Qualified applicants include those residing or working in affected areas, and must meet certain eligibility criteria.
To be eligible for the emergency loan, active members must not be on unpaid leave, have no pending administrative or legal cases, and must have made at least six monthly premium payments prior to application.
“Their net take-home pay should not be less than PHP5,000 as required by the General Appropriations Act. Meanwhile, old-age and disability pensioners must have a net monthly pension that is at least 25% of their gross pension," GSIS said.
Applications may be filed through the GSIS Touch, with the deadline of submission on June 7 for Luzon areas, May 31 for Visayas, and June 1 for Mindanao. (Wilnard Bacelonia)
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