Manila: The Government Service Insurance System (GSIS) has rolled out a three-month grace period on emergency loan payments for its members and pensioners in areas affected by tropical cyclones Tino and Uwan. The GSIS said the moratorium will allow borrowers to recover and rebuild without the immediate pressure of repayment.
According to Philippines News Agency, GSIS President and General Manager Jose Arnulfo Veloso emphasized that the grace period is more than just a financial reprieve, describing it as a lifeline for those affected. ‘We know that many of our members and pensioners are struggling to recover from the back-to-back typhoons. By deferring their loan payments, we are giving them the time and space to heal, rebuild, and move forward without the immediate pressure of financial obligations,’ Veloso said in a news release.
The GSIS highlighted that the initiative forms part of its continuing commitment to serve government workers and retirees, especially in times of calamity. ‘Layunin ng GSIS na ma-ibsan ang pinansyal na pasanin ng mga apektadong miyembro at pensioner habang unti-unting bumabangon mula sa pinsalang dulot ng kalamidad. Sa panahong ito ng pagsubok, nananatiling matatag na katuwang ng mga lingkod-bayan at retirado ang GSIS sa kanilang pagbangon at muling pag-asenso (The GSIS aims to help ease the financial burden of affected members and pensioners as they gradually recover from the damage caused by the calamity. In this time of trial, GSIS remains a steadfast partner of public servants and retirees in their recovery and renewed progress),” the state pension fund stated in its Facebook post.
The GSIS Emergency Loan Program opened on November 7 and will run until February 7, 2026. Qualified members and pensioners may apply through the GSIS website, GSIS Touch mobile app, or at any GSIS branch. The approved schedule for loan repayments is set to commence at various intervals between April and August 2026, depending on the release date of the loan.
This measure complements Proclamation No. 1077, signed by President Ferdinand R. Marcos Jr. on November 5, declaring a State of National Calamity following the widespread destruction caused by Typhoon Tino.
