The Government Service Insurance System (GSIS) has launched its emergency loan program for members and pensioners in four calamity-declared areas across Metro Manila and Luzon.
This move is in response to the damage brought by Severe Tropical Storm Crising and the intensified southwest monsoon (habagat).
Covered under the initial rollout are Cavite, Quezon City, Umingan in Pangasinan, and Calumpit in Bulacan.
Qualified GSIS members and pensioners residing or working in these locations may now apply for the loan, which aims to provide immediate financial assistance to those affected by the recent weather disturbances.
The application period runs until August 23, 2025, for residents of Umingan, Pangasinan and Calumpit, Bulacan, and until October 23, 2025, for those in Cavite and Quezon City.
“This emergency loan is one way we can quickly respond to the needs of our members and pensioners affected by the recent calamities,” said GSIS officer-in-charge Juliet M. Bautista.
The state-run pension fund expects the list of eligible areas to expand in the coming days, as more local government units submit official calamity declarations.
Under the program, members with existing emergency loans may borrow up to 40,000 pesos ($690), while first-time borrowers may avail up to 20,000 pesos. The loan is payable over three years with a six percent annual interest and no processing fee.
To qualify, active members must be in government service, working or residing in a declared calamity area, and must have paid at least six monthly premiums. They should also have no pending administrative or legal case and maintain a minimum net take-home pay of 5,000 pesos.
Pensioners may also apply, provided that their net monthly pension after loan amortization remains at or above 25 percent of their gross pension.
