GSIS orients NIA MIMAROPA employees on GFAL with Financial Literacy

GSIS representative Ms. Lorelie A. Certon oriented the employees of NIA MIMAROPA Regional Office and MOMARO IMO about their new financial assistance program - GSIS Financial Assistance Loan (GFAL) including managing one’s finances on February 17, 2020.  

Under GFAL, all active GSIS members with permanent appointment status and have paid their premium for 3 years or more may transfer their loan of up to Php500,000 to the pension fund from accredited lending institutions with lower interest rate of 6%. This program aims to help GSIS members avail affordable loan package to pay their outstanding loan from private lenders and to improve collection efficiency of GSIS. The estimated processing time of requests is up to 1 month.