Advisory from the Government
GSIS allots P1.69B in emergency loans for 69K members, pensioners due to water crisis, dengue outbreak
Legazpi City- The Government Service Insurance System (GSIS) is offering emergency loan to qualified members and pensioners in Albay, Camarines Norte, and Naga following the declaration of a state of calamity in the affected areas due to the increase in dengue cases and related deaths in Albay and Naga, and the impacts of the El Niรฑo phenomenon in Camarines Norte.
A total of P1.69 billion has been allotted for 68,506 active members and pensioners in the three areas.
GSIS offers emergency loans to members and pensioners in areas declared under a state of calamity.
Qualified members and pensioners may apply for the emergency loan through the GSIS Touch mobile app until 24 October 2026 in Albay; 27 October in Camarines Norte; and until 28 October in Naga.
GSIS also continues to offer emergency loans in other calamity-affected areas. The filing deadline is on November 12 for Cavite and November 16 for Rodriguez, Rizal.
Members with an existing emergency loan balance may borrow up to P40,000, of which the outstanding balance of their previous emergency loan will be paid, while they may receive a maximum net amount of P20,000. Those without an existing emergency loan may apply for up to P20,000.
The emergency loan carries a 6% interest rate and is payable over three years. Monthly amortization is P655.56 for a P20,000 loan and P1,311.11 for a P40,000 loan. The loan also comes with a redemption insurance feature, under which the outstanding balance will be deemed fully paid in the event of the borrower’s death, provided that loan payments are up to date.
Eligible active members must be residing or working in any of the calamity areas, not on leave without pay, have no pending administrative or criminal case, have paid the required 3-month premium contributions within the prescribed six-month period; must have no unpaid loans for more than six months, and have a net take-home pay of at least P5,000 after deducting all mandatory monthly obligations.
Old-age and disability pensioners residing in the affected areas may also avail themselves of the loan, provided that their resulting net monthly pension after loan availment is at least 25% of their basic monthly pension.
For more information, interested parties may visit the official GSIS website and social media channels. They may also email gsiscares@gsis.gov.ph or call the GSIS Contact Center at (02) 8847-4747 (Metro Manila), 1-800-8-847-4747 (Globe and TM), or 1-800-10-847-4747 (Smart, Sun, and Talk โN Text).
