Here is the latest and updated Advisory to all teaching & non-teaching personnel about the Refund of June 2020 GSIS Loan Amortizations.
Rc: Refund of June 2020 GSIS Loan Amortizations
On June 11,2020, GSIS Executive Vice President, Atty. Nora M. Maluhay, made an announcement thru, radio, television and social media that the GSIS loan moratorium will be extended until June 2020, which resulted to lots of queries from DepEd field units as to its implementation.
For the information of all concerned, unlike the March 2020 GSIS moratorium on loans wherein the GSIS is responsible for the refund of loan amortizations already remitted to the GSIS, this Department is now in-charge of its June 2020 disbursements, status of which is shown below:
However, the GSIS Main Office also informed this Department that GSIS members with arrears and have renewed their GSIS loans are not entitled to the loan moratorium, although we will refund/have already disbursed slid June 2020 loan amortizations. It is therefore suggested for the concerned personnel to settle their accounts to the nearest GSIS Branch in their areas, to avoid incurrence of penalties and surcharges.
Please be guided accordingly. Thank you.
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