LOOK: GSIS grants a 60-day moratorium on loan payments of its active members and pensioners

The Government Service Insurance System (GSIS) grants a 60-day moratorium on loan payments of it active members and pensioners for the months of November and December 2020. This is in compliance with Republic Act No. 11494 or the Bayanihan to Recover as One Act and BSP Memorandum No. M-2020-068.

Under GSIS Memorandum Circular No. 019, s. 2020, collection of loan payments for the months of November and December 2020 shall be deferred and will continue on January 1, 2021. As a result, however, all loan terms shall be extended by two (2) months.

Download GSIS Memorandum Circular No. 019, s. 2020 to learn more.