GSIS offers emergency loan for members in Pangasinan

DAGUPAN CITY, Pangasinan — Government employees who are active members of the Government Service Insurance System (GSIS) and are residing or working in the province of Pangasinan can now avail of the calamity or emergency loan.

Josephine Abao, GSIS-Pangasinan branch head, in an interview Friday said applications for emergency loan was opened on Tuesday and will end on September 6, 2018.

Abao said the opening of the emergency loan application was due to the declaration of the Sangguniang Panlalawigan placing the province under state of calamity by virtue of Provincial Resolution 437-2018 on July 23.

Governor Amado Espino III urged the provincial board to pass the resolution on the declaration of state of calamity as tropical cyclones “Inday” and “Josie” intensified the southwest monsoon thus bringing heavy rainfall which submerged most parts of Pangasinan for more than a week.

Abao said first-time borrowers can avail of PHP20,000 loan from GSIS, with an interest rate of 6 percent and payable in three years.

She noted members with existing or unpaid calamity loan can avail of PHP40,000 loan.

“Bakit mas malaki? Kung meron silang balanse o hindi pa nakapagbayad ng utang, ibabawas ito sa PHP40,000. May net proceeds o may matitira pa sa kanila (Why those with existing loans will get higher amount? If they have unpaid loan, it will be deducted from the PHP40,000. An amount will still be left for them),” she explained.

Abao said GSIS members with eCard, or Unified Multi-Purpose Identification (UMID) cards, have to just go to any GSIS Wire Automated Processing System (G-W@PS).

“They need not go, however, to the GSIS office. They may avail of the calamity or emergency loan at the GSIS kiosks near their place,” she stressed.

Abao said there are kiosks at the city or municipal halls of Alaminos, Dagupan, San Carlos, Urdaneta, Rosales, Tayug, Manaoag, Bayambang, Infanta, Bolinao and Lingayen, as well as in Pangasinan I Schools Division in Lingayen, Pangasinan II Schools Division in Binalonan, and at Robinsons Mall in Calasiao.

Abao said even old-age pensioners can avail of the loan amounting to PHP20,000.

They, however, have to personally appear at the GSIS provincial office for an over-the-counter application, she said.

“Our processors will validate the identity of the borrower. They have to bring an identification card, their eCard, and fill-out the application form,” she added.

Abao said new pensioners, who received their lump sum pension and would only start receiving their pension after five years, cannot avail of the emergency loan yet. (