GSIS gives members in flood-hit Visayas P261M in emergency loans

Government Service Insurance System (GSIS), the pension fund for state employees, on Thursday said it earmarked P261 million for its members in the Visayas affected by flooding last December.

GSIS has 13,040 active members in Aklan, Cadiz City, Negros Occidental and in nine municipalities in Leyte, including Abuyog, Dagami, Javier, Julita, Mayorga, San Miguel, Tabontabon, Tanauan, and Tolosa, said GSIS president and general manager Robert Vergara.

“GSIS members who were affected by heavy rains and flooding in some areas in the Visayas region may now apply for emergency loan,” Vergara noted in a statement. They have until Feb. 27 to apply for emergency loan.

Parts of the Visayas were devastated by floods in last Dec. 16. — VS, GMA New