MANILA, Philippines—Starting on March 22, the state-run pension fund Government Service Insurance System (GSIS) will accept applications for its new COVID-19 emergency loan program.
Loan applications by active members and pensioners will be accepted until June 21, the GSIS said in an advisory.
The GSIS, however, said “members and pensioners who have previously availed of the COVID-19 emergency loan are no longer qualified.”
The GSIS offered the same loan program in 2020 as government employees and retirees struggled amid tougher times wrought by the pandemic.
In the case of pensioners and members who had borrowed for a different reaso…
Keep on reading: GSIS offers COVID-19 emergency loan starting March 22