02 October 2014

To: All Concerned Agency Authorized Officers (AAO)
Subject : Resumption of Loan Repayments in November 2014 and Remittance to GSIS on or before 10 December 2014


We would like to remind you that the Moratorium Program for Typhoon Yolanda will end on October 31, 2014.

Pursuant to GSIS Memorandum Circulars No. 5 dated 26 December 2013 and No. 1 dated 07 May 2014, and in order to avoid additional interest and penalties on delayed remittance of loan repayments, kindly advise your respective Administrative and Finance Head/Officers to undertake the following:

1. Resume the deduction of monthly amortizations on loan accounts covered by the Moratorium Program effective November 2014, and remit the same to GSIS not later than 10 December 2014, and every 10th day of the succeeding months until full payment of the loans.

2. Advise employees of your Agency who are paying housing loan amortizations "over-the-counter" to resume paying the required monthly amortization without need of notice or demand.

3. Require borrowers of housing loan whose payment of monthly amortization is through post-dated checks (PDCs) to issue new set of PDCs not later than 1 November 2014.

4. Advise the members to fully settle the Fire Insurance and Service/Housing Loan Redemption Insurance Premiums that have accrued during the moratorium period on or before 10 December 2014.

5. Disseminate this Advisory to all concerned personnel in your Office.

Kindly note that the billing for the month of November 2014 which shall be available for downloading through the EBCS facility starting the 3rd week of October 2014, shall include the monthly amortizations due for all outstanding loan accounts covered by the moratorium program. However, a separate billing will be sent for Fire Insurance and Service/Housing Loan Redemption Insurance Premiums which were not settled during the moratorium period and for other arrearages prior to the moratorium.

Thank you for your usual cooperation.


GSIS declares moratorium on loans of Glenda-hit members, pensioners in Albay

State pension fund Government Service Insurance System (GSIS) today announced that a six-month moratorium will be implemented for Glenda-hit members and pensioners in Albay to help in their recovery efforts.

The moratorium will enable our members and pensioners to use the deferred payments on their outstanding GSIS loans for the repairs of their homes and other urgent needs, GSIS President and General Manager Robert Vergara said.

Effective this September until February 2015, loans covered under the program include conso-loan, emergency loan, optional policy and regular policy loans, pension loan, pensioner's emergency loan and pensioner's restructured loan.

To qualify for the moratorium, the loan accounts should still be within the payment term and should have no arrears for six months or more.

GSIS already advised government agencies in Albay to stop the loan amortizations from the salaries of employees for loans covered by the moratorium.

The System will also suspend collecting monthly loan amortizations from pensions.

Vergara said that all qualified members and pensioners in Albay do not need to apply for the moratorium program. They have already been electronically identified and tagged in our database.

Housing loans, however, which are covered by a separate restructuring program until December 31 this year, are excluded from the moratorium.

In the storm's aftermath, GSIS also opened a Php20,000 emergency loan window for members and pensioners in areas declared under a state of calamity.

For inquiries on the loan moratorium program, members and pensioners may call the GSIS contact center at 847.4747.


GSIS emergency loan now open to Glenda-hit pensioners

Government Service Insurance System (GSIS) President and General Manager Robert G. Vergara announced today that the pension fund has opened a Php20,000 pension emergency loan (PEL) window to old-age pensioners living in areas devastated by typhoon Glenda.

"More than 37,000 pensioners in the 21 calamity-declared areas may now apply over-the-counter for the emergency loan program until September 4, 2014," Vergara said.

"GSIS opened the loan to pensioners hit by typhoon Glenda as they are not spared from the damages wrought by the typhoon."

Pensioners may apply for the loan over-the-counter in GSIS offices. They should bring their eCard and another government-issued ID as well as a photocopy of both in applying for the loan.

The proceeds of the loan will be credited to the pensioners� eCard or UMID card account.

PEL is payable in three years and carries a 6% interest rate.

The loan is also covered by a loan redemption insurance that waives the outstanding balance of the loan in case of the death of the borrower.

For the first seven months of the year, GSIS has already released a total of Php1.7 billion in emergency loans covering more than 51,000 members and pensioners. The governing board also approved to augment the 2014 budget under the program by another Php10 billion.

For inquiries on the emergency loan program, pensioners may call the GSIS contact center at 847.4747.


GSIS boosts network speed to improve service

The Government Service Insurance System (GSIS) is set to upgrade this August, its existing telecommunication lines and acquire additional bandwidth for its branch offices across the country, to further improve its service to members and pensioners.

Under the project, GSIS will increase the telecommunication lines of remote GSIS offices to provide fast and reliable wide area network (WAN) connections and better network infrastructure support to GSIS employees in branch offices.

"A stronger interconnection among GSIS offices will improve productivity and efficiency of our employees ultimately leading to the faster processing of benefits of our members and pensioners," President and General Manager Robert Vergara said.

A bandwidth of 2 Mbps (Megabits Per Second) will be installed in 20 big and medium branch GSIS offices (serving up to 30,000 members) 1 Mbps in nine small branch offices (serving less than 20,000 members) and 512 kbps (Kilobytes Per Second) in eight extension offices (serving less than 10,000 members).

The increased bandwidth will also minimize network disruptions for more efficient sharing of data among offices.

GSIS has not upgraded its telecommunication lines since 2006.

Vergara said that along with the upgrade in telecommunication, the pension fund is leveraging on advances in technology to provide responsive and seamless services to its more than 1.7 million members and pensioners through various systems enhancements.

This month, GSIS rolled out the Electronic Billing and Collection System (eBCS), a web-based application that enables the pension fund to send its billing statements for premium and loan amortization to government agencies electronically, and accept payments online.

Also in December, GSIS will pilot the electronic GSIS Members On Line or eGSIS MO, a new web-based system that will allow GSIS members to update and create their service records.

Initially, those members aged 59 years old and above, may access electronically their membership profile, premium payments, status of loan applications, loan repayments and balances, service records and Statement of Member�s Account.

"We want to empower our members and pensioners by providing them access to their records real time," Vergara said.


AAO ADVISORY:

Please be informed of the following updates in our GW@PS kiosks:

• The tentative computation of pension loan now shows that the first monthly installment of the redemption insurance (RI) is automatically deducted from the gross loan proceeds.

• Record of creditable service (RCS) is now called periods with paid premiums (PPP).

Updating all kiosks to include the above information is going on and shall be completed by 25 August 2014.


AAO ADVISORY:

10 July 2014

To : The AGENCY AUTHORIZED OFFICERS (AAOs)

Subject : Re-Opening of HELP Availment until 18 July 2014 for Member-Borrowers with Due and Demandable Accounts (DND)


The availment period for members working and residing in the 191 worst-hit areas is re-opened until 18 July 2014.

GSIS will accept applications from the following members only:

1. Those who did not file because they are aware that they are not qualified due to their DND accounts;

2. Those who filed their applications, but were denied due to DND accounts.

In both cases above, the members who will file or re-file their application on or before 18 July 2014 shall be granted HELP provided the following conditions are satisfied and complied with:

1. He/she will PAY his/her DND account(s) on or before 31 July 2014; and

2. His/her take/home pay is sufficient to cover the required monthly amortization for the amount of HELP loan that will be recommended by the AAO, which shall be due on November 2014 and to be remitted to GSIS not later than 10 December 2014.

In order to effectively carry out the objectives of the program and to ensure collection of loan amortizations which will start in November 2014, may we further reiterate our earlier advisory on the computation of the loanable amount under HELP. To wit:

Monthly Basic Salary + Personnel Economic Relief Allowance (PERA)
Deduct:
Total Monthly Mandatory Deductions (income tax, GSIS contribution, HDMF contribution, etc.)
Total Monthly Amortizations for loans availed from GSIS
Total Monthly Amortizations for loans availed from other loan providers
Take-home pay in compliance with the General Appropriations Act
Total Monthly Deductions
Amount Available for loan amortizations under the HELP


x,xxx.xx
x,xxx.xx
x,xxx.xx
x,xxx.xx


xx,xxx.xx






xx,xxx.xx
xx,xxx.xx

Sample Case: Mr. Cruz, a Chief Accountant of Baybay City has been working with the government for the last 18 years. On May 15, 2014, he filed an application for loan under HELP for Php 200,000.00. Details of his payslip for the month of April 2014 are as follows:

BASIC MONTHLY SALARY
Add: ALLOWANCES
TOTAL EARNINGS FOR THE MONTH
Less: Mandatory Deductions: Income tax Withheld
GSIS Premium Contribution
HDMF Premium Contribution
Philhealth Contribution
Deductions for other loan providers
Multi-Purpose Loan Amort - HDMF
Loan Amort - Cooperative
Loan Amort - Credit Union
TOTAL MONTHLY DEDUCTIONS
TAKE HOME PAY
Less: Net take-home pay in compliance with the General Appropriations Act (RA 10633)
GSIS Loan Deductions under Moratorium:
Consolidated Loan
Policy Loan
Real Estate Loan
TOTAL DEDUCTIONS - OTHERS
AMOUNT AVAILABLE FOR LOAN AMORTIZATION UNDER HELP




2,687.00
2,456.00
100.00
350.00

1,500.00
2,500.00
3,500.00


3,000.00

4,800.00
2,000.00
4,350.00


27,284.00
2,000.00
29,242.00









13,093.00
16,191.00





14,150.00
2,041.00

It is important that the monthly amortizations pertaining to newly availed/renewed loans and amortizations due on outstanding loans that were not deducted from the member�s salary and not remitted to GSIS and those that are not yet reflected in the payslip/payroll at the time of granting of HELP loan should likewise be deducted from the Total Monthly Earnings for the Month.

Referring to the Table of Monthly Amortization below (the said table is also printed at the back of the HELP application form) , the required monthly amortization for the desired loan amount of Php200,000.00 is Php2,280.48 . Considering that the AMOUNT AVAILABLE FOR LOAN AMORTIZATION UNDER HELP is only Php2,041.00, Mr. Cruz can only borrow a maximum amount of Php170,000.00 which has a required monthly amortization of Php1,938.41.

Kindly note that should Mr. Cruz be allowed to borrow Php180,000.00, its required monthly amortization of Php2,052.43 can no longer be covered by the AMOUNT AVAILABLE FOR LOAN AMORTIZATION UNDER HELP of Php2,041.00.

Table of Monthly Amortization:

Loan Amount Monthly Amortization
Prin. & lnt Rl Premium Total
10,000.00
20,000.00
30,000.00
40,000.00
50,000.00
60,000.00
70,000.00
80,000.00
90,000.00
100,000.00
110,000.00
120,000.00
130,000.00
140,000.00
150,000.00
160,000.00
170,000.00
180,000.00
190,000.00
200,000.00
110.22
220.45
330.67
440.90
551.12
661.34
771.57
881.79
992.02
1,102.24
1,212.460
1,322.690
1,432.910
1,543.140
1,653.360
1,763.580
1,873.810
1,984.030
2,094.260
2,204.480
3.80
7.60
11.40
15.20
19.00
22.80
26.60
30.40
34.20
38.00
41.80
45.60
49.40
53.20
57.00
60.80
64.60
68.40
72.20
76.00
114.02
228.05
342.07
456.10
570.12
684.14
798.17
912.19
1,026.22
1,140.24
1,254.26
1,368.29
1,482.31
1,596.34
1,710.36
1,824.38
1,938.41
2,052.43
2,166.46
2,280.48

For your information and dissemination to concerned members.

GSIS Memorandum Circular No. 002 Series of 2014

To: HEADS OF CONSTITUTIONAL BODIES; BUREAUS AND AGENCIES OF THE NATIONAL GOVERNMENT; LOCAL GOVERNMENT UNITS; GOVERNMENT OWNED OR CONTROLLED CORP.; STATE UNIVERSITIES AND COLLEGES; AND ALL OTHERS CONCERNED

Subject: RETIREMENT APPLICATIONS OF PUBLIC OFFICERS WITH OFFENSES FALLING UNDER GRAFT AND CORRUPTION PRACTICES AS DEFINED UNDER REPUBLIC ACT NO. 3019

With the enactment of the Republic Act No. 10154 (R.A. 10154) otherwise known as "An Act Requiring All Concerned Government Agencies to Ensure the Early Release of the Retirement Pay, Pensions, Gratuities and Other Benefits of Retiring Government Employees," even government employees with pending criminal/administrative case/s may now be allowed to retire and receive the corresponding benefits if his/her case/s are not terminated and/or resolved within a period of three Ɠ) months from the effectivity date of his/her retirement, thus:

"SEC. 3. Retiring Employees With Pending Cases, - In the case of retiring government employees with pending cases and whose retirement benefits are being lawfully withheld due to possible pecuniary liability, the head of the agency where such case is pending shall ensure that the said case shall be terminated and/or resolved within a period of three ( 3 ) months from the date of the retirement of the concerned, employee: Provided, That in case the concerned agency fails to terminate and/or resolve the case within the said period without any justifiable reason(s), the retirement benefits -due to the employee shall: be immediately released to him/her without prejudice to the ultimate resolution of the case; except, when the delay is deliberately caused by the retiring employee." (Emphasis supplied.)

However, we revisited the provisions of Republic Act No. 3019 (R.A. 3019) otherwise known as "The Anti-Graft and Corrupt Practices Act" more particularly Section 12 thereof which declares:

Section 12. Termination of office. No public officer shall be allowed to resign or retire pending an investigation, criminal or administrative, or pending a prosecution against him, for any offense under this Act or under the provisions of the Revised Penal Code on bribery. (Emphasis supplied.)

As clearly stated above, no government employee shall be allowed to resign or retire while the investigation or prosecution of his/her criminal or administrative case involving violation of the provisions of R.A. 3019 or the Revised Penal Code on bribery is pending.

In this regard, may we remind all endorsing officers of their duty under Section 12 of R.A. 3019 and to endorse retirement applications of retiring public officers only when the criminal and administrative case/s filed in relation to graft and corrupt practices have been resolved or terminated.

Consistent with this, the GSIS shall return to the endorsing officers all retirement applications of public servants who have unresolved cases which involve offenses falling under the "The Anti-Graft and Corrupt Practices Act" (R.A. 3019).

ROBERT G. VERGARA
President & General Manager
Date Signed: June 03, 2014


AAO ADVISORY:

Please be informed that the facilities and services below will be temporarily unavailable on June 14, 2014 (Saturday) from 7:00 A.M. to 5:00 P.M. to give way to a scheduled Disaster Recovery Exercise:

  • GW@PS kiosks
  • AAO Website
  • UMID enrollment
Since access to the above GSIS member service facilities will be disabled within that period, everyone is advised to refrain from using them. Normal operations will resume on June 14, 2014 after 5:00PM. Kindly inform your co-workers about this advisory.

Thank you for your understanding and cooperation.


AAO ADVISORY:

Please be advised that the GSIS will be conducting maintenance on all kiosks installed in remote areas outside the GSIS Branch Office premises, this coming Saturday, May 31, 2014, in preparation for the Disaster Recovery Exercise on June 14, 2014. In line with this activity, all wireless kiosks nationwide will not be available from 11:00 P.M. of May 31, 2014 (Saturday) to 4:00AM of June 1, 2014 (Sunday).

All kiosks-related transactions are expected to be operational on June 1, 2014 at 4:00 A.M.

Kindly disseminate this information to all your co-workers.

Government Service Insurance System


PRESS RELEASE
Ref: VP Marge Jorillo @ 476.3647
23 April 2014
GSIS opens college scholarship for members' kin

Government Service Insurance System (GSIS) President and General Manager Robert G. Vergara announced today that the pension fund is now accepting applications for the GSIS Scholarship Program (GSP) for Academic Year 2014-2015 until May 30, 2014. A total of 200 scholars will be selected this school year.

The program provides an opportunity for children of low-income GSIS members to earn a college degree. The GSIS will shoulder up to P20,000 of the actual cost of tuition and miscellaneous fees of the selected scholar per semester. The scholars will also get a monthly stipend of P2,000.00.

Under the program, all active and regular GSIS members at the time of application with premium payments for the last six months and are permanent employees in the government with at least three years of service, with salary grade of 24 or below or its equivalent job level, are eligible to nominate their incoming college freshmen-dependents who have been accepted in any four- or five-year course or in priority courses identified by the Commission on Higher Education (CHED).

Since 1998, the GSIS has granted a total of 1,887 scholarships. Over the years, amendments to the program have been introduced to make it more equitable and responsive particularly to members in the low-income bracket. Previously, the mode of choosing scholars was done through an electronic raffle. Since 2012, nominees of members who have the lowest annual basic salary have been given priority in the scholarship grant.

"This year, we have enhanced our program by giving half of the slots to those who have been accepted under the CHED-identified priority courses which are those actually needed by the labor market," said Mr. Vergara.

"Unemployment is a growing concern. We must establish a fit between the available jobs with that of the skills and knowledge acquired by our scholar-graduates," he added.

Four- or five-year courses in agriculture; engineering; math and science; information technology; teacher education; health sciences; arts and humanities; social and behavioral sciences; business administration; architecture; maritime and communication were listed by CHED as in demand. The list of priority courses identified by CHED along with the list of accredited educational institutions and GSP application form may downloaded from the GSIS website at www.gsis.gov.ph. Application forms are also available at any GSIS branch office.

Qualified members must submit a duly accomplished form, certificate of employment, and school certificate that the scholar has been accepted for AY 2014-2015.

Questions about GSP may be directed to the GSIS Human Resource Administration Department at 479 - 3600 local 3414 or 976 - 4970.


Advisory to all Members and Pensioners:

10 May 2014
To : Agency Authorized Officers (AAO)
Subject : Second Batch of Calamity Areas Covered by the Home Emergency Loan Program (HELP) and Reiterating the Guidelines in the Computation of Loanable Amount under the said Program

We are pleased to inform you that based on relevant Sangguniang resolutions and reports from various provincial offices, as well as, the data provided by DILG on the "priority areas for assistance" due to typhoon Yolanda, the GSIS Board of Trustees in its meeting on April 8, 2014 approved the recommendation of the GSIS Management to extend HELP loans to GSIS members who were residing or working in the 34 cities/municipalities during the onslaught of the super typhoon last November 8, 2013. To wit:

Province No. City/Municipality
ANTIQUE ( 3 )
1
2
3
San Remigio
Patnongon
Valderama
CEBU ( 1 )
4
Tuburan
ILOILO ( 13 )
5
6
7
8
9
10
11
12
13
14
15
16
17
Alimodian
Anilao
Badiangan
Cabatuan
Maasin
Mina
New Lucena
Pototan
Zarraga
Lambunao
Janiuay
Dumangas
Barotac Nuevo
LEYTE ( 1 )
18
Baybay
NEGROS OCCIDENTAL ( 4 )
19
20
21
22
Silay City
Victorias City
Calatrava
EB Magalona
PALAWAN ( 1 )
23
Cuyo
WESTERN SAMAR ( 3 )
24
25
26
Daram
Talarora
Villareal
EASTERN SAMAR ( 3 )
27
28
29
Gen. Mcarthur
Llorente
Maydolong
BILIRAN ( 2 )
30
31
Culaba
Almeria
DINAGAT ISLANDS ( 1 )
32
Loreto
SOUTHERN LEYTE ( 1 )
33
Silago
MASBATE ( 1 )
34
Balud

The above 34 localities is the second batch of calamity areas where HELP loans will be granted from May 12 to June 30, 2014. The same loan facility was offered to GSIS members in the first batch of calamity areas (composed of 138 cities/municipalities) from January 16 to April 30, 2014.

This loan package is over and above the other existing loan programs of the GSIS, and shall only be availed once, thus, not subject to renewal. While a member may avail a maximum loan of Php 200,000.00 the approval shall depend upon the paying capacity of the member.

In order to effectively carry out the objectives of the program and to ensure collection of loan amortizations which will start in November 2014, the following formula is hereby prescribed in computing for the loanable amount of the members under the HELP:

Monthly Basic Salary + Personnel Economic Relief Allowance (PERA)
Deduct:
Total Monthly Mandatory Deductions (income tax, GSIS contribution, HDMF contribution, etc.)
Total Monthly Amortizations for loans availed from GSIS
Total Monthly Amortizations for loans availed from other loan providers
Take-home pay in compliance with the General Appropriations Act
Total Monthly Deductions
Amount Available for loan amortizations under the HELP


x,xxx.xx
x,xxx.xx
x,xxx.xx
x,xxx.xx


xx,xxx.xx






xx,xxx.xx
xx,xxx.xx

Sample Case: Mr. Cruz, a Chief Accountant of Baybay City has been working with the government for the last 18 years. On May 15, 2014, he filed an application for loan under HELP for Php 200,000.00. Details of his payslip for the month of April 2014 are as follows:
BASIC MONTHLY SALARY
Add: ALLOWANCES
TOTAL EARNINGS FOR THE MONTH
Less: Mandatory Deductions: Income tax Withheld
GSIS Premium Contribution
HDMF Premium Contribution
Philhealth Contribution
Deductions for other loan providers
Multi-Purpose Loan Amort - HDMF
Loan Amort - Cooperative
Loan Amort - Credit Union
TOTAL MONTHLY DEDUCTIONS
TAKE HOME PAY
Less: Net take-home pay in compliance with the General Appropriations Act (RA 10633)
GSIS Loan Deductions under Moratorium:
Consolidated Loan
Policy Loan
Real Estate Loan
TOTAL DEDUCTIONS - OTHERS
AMOUNT AVAILABLE FOR LOAN AMORTIZATION UNDER HELP




2,687.00
2,456.00
100.00
350.00

1,500.00
2,500.00
3,500.00


3,000.00

4,800.00
2,000.00
4,350.00


27,284.00
2,000.00
29,242.00









13,093.00
16,191.00





14,150.00
2,041.00

It is important that the Monthly Amortizations pertaining to newly availed/renewed loans that are not yet reflected in the payslip/payroll at the time of granting of HELP loan should likewise be deducted from the Total Monthly Earnings for the Month.

Referring to the Table of Monthly Amortization below (the said table is also printed at the back of the HELP application form), the required monthly amortization for the desired loan amount of Php 200,000.00 is Php 2,280.48. Considering that the AMOUNT AVAILABLE FOR LOAN AMORTIZATION UNDER HELP is only Php 2,041.00, Mr. Cruz can only borrow a maximum amount of Php 170,000.00 which has a required monthly amortization of Php 1,938.41.

Kindly note that should Mr. Cruz be allowed to borrow Php 180,000.00, its required monthly amortization of Php 2,052.43 can no longer be covered by the AMOUNT AVAILABLE FOR LOAN AMORTIZATION UNDER HELP of Php 2,041.00.

For your reference, attached are the general guidelines of the Program and a copy of the HELP loan application which can be reproduced and distributed to GSIS members in your jurisdiction.

Table of Monthly Amortization:

Loan Amount Monthly Amortization
Prin. & lnt Rl Premium Total
10,000.00
20,000.00
30,000.00
40,000.00
50,000.00
60,000.00
70,000.00
80,000.00
90,000.00
100,000.00
110,000.00
120,000.00
130,000.00
140,000.00
150,000.00
160,000.00
170,000.00
180,000.00
190,000.00
200,000.00
110.22
220.45
330.67
440.90
551.12
661.34
771.57
881.79
992.02
1,102.24
1,212.460
1,322.690
1,432.910
1,543.140
1,653.360
1,763.580
1,873.810
1,984.030
2,094.260
2,204.480
3.80
7.60
11.40
15.20
19.00
22.80
26.60
30.40
34.20
38.00
41.80
45.60
49.40
53.20
57.00
60.80
64.60
68.40
72.20
76.00
114.02
228.05
342.07
456.10
570.12
684.14
798.17
912.19
1,026.22
1,140.24
1,254.26
1,368.29
1,482.31
1,596.34
1,710.36
1,824.38
1,938.41
2,052.43
2,166.46
2,280.48



NEWS RELEASE
Ref: Marge Jorillo at 479.3647
9 May 2014

GSIS extends H.E.L.P, covers more Yolanda-hit areas

State pension fund Government Service Insurance System (GSIS) extended the implementation of the Home Emergency Loan Program (HELP) to October this year, and expanded the coverage of the program to include an additional 34 areas worst-hit by Yolanda.

HELP, a one-time special loan program, aims to enable GSIS members and pensioners to rebuild their homes in communities that were hardest hit by super typhoon Yolanda.

"Expanding the coverage of HELP synchronizes the effort of the System with the move of the national government to include these areas in NDRRMC's updated list of localities severely affected by the typhoon," GSIS President and General Manager Robert Vergara said.

The 34 additional areas now covered by HELP include, the municipalities of San Remigio, Patnongon, Valderama in the province of Antique; Almeria and Culaba in Biliran province; Tuburan in Cebu; and Baybay and Silago in Leyte.

In Eastern Samar, three municipalities are covered namely, Gen. McArthur, Llorente, and Maydolong and the municipalities of Daram, Talarora and Villareal in Western Samar.

In Iloilo, a total of 13 areas are now eligible under HELP namely, Alimodian, Anilao, Badiangan, Barotac Nuevo, Cabatuan, Dumangas, Janiuay, Lambunao, Maasin, Mina, New Lucena, Pototan, and Zarraga, and four municipalities in Negros Occidental -- Calatrava, Eb Magalona, Silay City, and Victorias City.

Also included in the new list are the municipalities of Cuyo in Palawan, Balud in Masbate, as well as Loreto in Dinagat Island.

The grant of HELP to members in the 34 areas will be subject to the receipt of a resolution issued by the Sangguniang Panlalawigan or Panglungsod or through a certification issued by the provincial governor or administrator and a request from the city or municipal mayor.

Under HELP, members who have been with the government for 10 years or more are qualified to the maximum loan amount of Php200,000. Those who have rendered service for five years or more but less than 10 years may borrow up to Php100,000. Members with less than five years may take out a loan of up to Php30,000.

The loan is payable in 10 years and bears an interest rate of six percent. The approval of the agency authorized officer is required to process the loan.

For the first quarter of this year, GSIS has released more than Php8.5 billion under HELP that benefited close to 60,000 borrowers.

Inquiries on HELP may be directed to the GSIS Contact Center at 847 - 4747. Members and pensioners may also go to the nearest GSIS office or visit the GSIS website, www.gsis.gov.ph.


GSIS Memorandum Circular No. 001 Series of 2014


To: HEADS OF CONSTITUTIONAL BODIES; BUREAUS AND AGENCIES OF THE NATIONAL GOVERNMENT; LOCAL GOVERNMENT UNITS; GOVERNMENT OWNED OR CONTROLLED CORP. ; STATE UNIVERSITIES AND COLLEGES; AND ALL OTHERS CONCERNED

Subject: GRANTING OF SIX ( 6 ) MONTHS EXTENSION OF MORATORIUM ON LOAN AMORTIZATIONS OF MEMBERS AND PENSIONERS RESIDING AND/OR WORKING IN THE WORST-HIT AREAS AS A RESULT OF TYPHOON YOLANDA

For the 12.2 million people ( 2.6 million families ) affected by typhoon Yolanda, the immediate impact has been an abrupt cessation of productive activities and a wholesale loss of employment and incomes . Even if the government employees have incomes that are guaranteed by the Civil Service Commission, the take-home pay of those affected is insufficient to hurdle the challenges brought about by the typhoon.

Bound by its social obligation to help its members and pensioners in times of adversity, the GSIS approved, under Resolution No. 129 dated November 28, 2013, the automatic grant of six months moratorium by way of deferring the payment of the members' and pensioners' loan amortizations to enable them to use such fund to recover and rebuild their lives.

Recognizing that the six-month period is insufficient to tide them over the enormous difficulties faced by the members and pensioners to return to their normal lives, the GSIS extends the grant of moratorium for another six months, to end on October 2014.


POLICY GUIDELINES FOR THE EXTENSION OF THE MORATORIUM PROGRAM

A. Qualified Borrowers

All Active Members and Pensioners who were residing and/or working in the 126 worst-hit Calamity Areas shall be automatically allowed to avail of the extension of this Program.

B. Moratorium Benefit

The deferment of loan amortization payments for the qualified loan accounts shall be extended by another six ( 6 ) months from 1 May 2014 to 31 October 2014.

C. Loan Accounts Covered

The same loan accounts covered by the initial 6-month Loan Moratorium Program due to typhoon Yolanda shall be covered by this extension program.

D. Loans Granted under the Home Emergency Loan Program NOT covered

All loans granted under the Home Emergency Loan Program (HELP) are not covered by this program, thus, the payment of the first monthly amortization on HELP loans availed from January to April 2014 shall be due in July 2014, and shall be remitted to GSIS not later than August 10, 2014.

E. Suspension of Billing and Collection Activities

The electronic generation of monthly billing for amortizations due on qualified loan accounts shall still be suspended during the extension of the moratorium period.

Likewise, the sending of demand letters and collection notices for qualified accounts shall be suspended until the end of the moratorium period.

Accordingly, borrowers who have not qualified under the program shall be issued demand letters and collection notices, if necessary.

F. Resumption of Deduction/Payment

After the end of the moratorium period on 31 October 2014, the Administrative/Finance Officer without need of notice from GSIS, shall resume the deduction of the monthly loan amortization in the November 2014 payroll, and shall remit the same not later than 10 December 2014.

Housing loan borrowers who are paying "over-the-counter" shall likewise resume paying the required monthly amortization starting November 2014.

The existing policy on declaring accounts in default shall apply after the end of the moratorium period.

Housing loan borrowers whose payment of monthly amortization is thru post-dated checks (PDCs) shall be required to replace the PDCs not later than 1 November 2014.

G. Renewal and Availment of Loans during the Moratorium Period

Any renewal or availment of loan during the extension of the moratorium period shall result to the lifting of the moratorium benefits effective upon the date of availment/renewal. The remaining balance of the loans subject of moratorium shall be deducted from the proceeds of the new loan.

H. Application of CLASP

The Choice of Loan Amortization Schedule Program (CLASP) shall continue to be applied for qualified borrowers who will be retiring/separated from the service within the extension of the moratorium period.

I. Insurance Coverage during the Moratorium Period

The Fire Insurance and Service/Housing Loan Redemption Insurance shall still continue to be enforced during the extension of the moratorium period. Premiums due during the moratorium period shall be paid in full on or before December 10, 2014.

In case of retirement, resignation, or separation from the service or demise of the borrower during the moratorium period, the proportionate FI and LRI shall be deducted from any claims or benefits of the insured.

J. Application of Loan Payments Received during the Moratorium Period

Any payment or remittance received during the moratorium period that are intended to settle amortizations for a qualified loan account shall be applied directly to the outstanding balance of the loan.

Application of payment shall follow the order of priority below, on a monthly basis and starting from the oldest month to the current month. To wit:

1st : Penalties/Surcharges, if any

2nd : Loan Redemption Insurance (LRI)

3rd : Interest

4th : Principal


ROBERT G. VERGARA
President & General Manager




Advisory to all Members and Pensioners:

In order to serve you better, the Government Service Insurance System (GSIS) will take advantage of the long Holy Week break to conduct system maintenance activities. In line with this, please be advised that the GWAPS kiosks and the members' information facility at the GSIS website will be inaccessible from 8:00 PM of 16 April 2014 (Holy Wednesday) until 10:00 AM of 20 April 2014 (Easter Sunday) :

Access to the GWAPS kiosks and the GSIS's website members' information facility will resume at 10:01 AM of 20 April 2014.

Thank you for your understanding.


GSIS Offers Condonation Program For "Study Now, Pay Later," "Fly PAL, Pay Later" accounts

The Government Service Insurance System (GSIS) recently opened a one-time condonation program for "Study Now, Pay Later" (SNPL) student-grantees and "Fly PAL, Pay Later" (FPPL) member-borrowers with outstanding accounts. The condonation program will run until July 24, 2014.

SNPL grantees (and their co-makers) and FPPL borrowers who will pay the outstanding balance in full will enjoy 100% condonation of all surcharges.

Under the condonation program, grantees and borrowers should pay in full their outstanding accounts within three months after they have submitted their application from for condonation. If the full amount is not settled within three months, program availees may resubmit their application form before July 24, 2014.

Loan interests, the GSIS said, will be computed up to the month of full payment.

SNPL is an educational program that was implemented in 1976. The program was in compliance with Presidential Decree No. 932, which specifies various schemes in the implementation of the SNPL.

This later evolved into the Educational Assistance Loan (EAL) approved in 1988; and in 1998, the program was amended by RA 8545, an act providing assistance to students and teachers in private education.

A similar credit facility for travel assistance was offered by the GSIS under the Fly PAL, Pay Later (FPPL) Program, which ran from 1978 to 1989.

All SNPL grantees and FPPL borrowers with outstanding accounts have been informed of the condonation program through a letter from the GSIS. Interested borrowers may visit the nearest GSIS branch office or call the contact center at 847 - 4747 for more details.


Frequently Asked Questions One-Time Condonation Program for Outstanding SNPL and FPPL Accounts (Policy and Procedural Guidelines No. 244 ( 13)

1. What are the Study Now, Pay Later (SNPL) and Fly PAL, Pay Later (FPPL) programs of the GSIS?

SNPL is an educational assistance program implemented by the Government Service Insurance System, together with the Social Security System, the Philippine National Bank, Development Bank of the Philippines, and the Land Bank of the Philippines, in compliance with Presidential Decree (PD) No. 932 dated 13 May 1976 ( Educational Assistance Act of 1976 ). The program later evolved into the Educational Assistance Loan (EAL) , which was approved under Republic Act (RA) 6728 in 1988 and amended by RA 8545 in 1998.

A similar credit facility for travel assistance was offered by the GSIS under the Fly PAL, Pay Later (FPPL) Program, which was approved by the Board under Board Resolution No. 637 dated 29 August 1978 and implemented under Policies and Procedural Guidelines (PPG) No. 48-78 (a) dated 7 December 1978 and No. 48 - 78 (b) dated 31 October 1979. The program was implemented from 1978 to 1989.

2. What is the one-time condonation program for outstanding SNPL and FPPL accounts that the GSIS offers?

This is a program offered to SNPL student-grantees (and their co-makers) and FPPL member-borrowers who have remaining outstanding balance in their accounts as of 31 May 2013. Under Board Resolution No. 76 dated 25 July 2013, those who will pay their accounts in full, not later than the set deadline (July 24, 2014), will enjoy 100% condonation of penalties.

3. What is the deadline in applying for the condonation program?

July 24, 2014.

4. What accounts are not covered by the condonation program?

a. The SNPL account of a deceased student-availee and co-maker

b. The FPPL account of a deceased member-borrower

5. What is the form of payment for this condonation program? Can the borrower pay in instalment?

Full settlement of the account is required for the borrower to be able to enjoy the 100% condonation of surcharges. The payment should be made within three ( 3 ) months from the time the application form for condonation is submitted.

In case the full amount was not settled within three ( 3 ) months, a re-submission may be allowed provided that it is made before July 24, 2014.

6. Are penalties condoned under the program?

Yes, all unpaid penalties of the outstanding SNPL and FPPL obligation are condoned but only upon full settlement of the account. Penalties are not therefore condoned in partial settlement of account.

7. What are the required documents for the condonation program?

a. Duly accomplished and signed application form

b. Copy of then GSIS eCard or UMID eCard

c. In case the applicant is not a GSIS member, a copy of any two ( 2 ) of the following:

° SSS ID

° Company ID

° Passport

° Driver�s license

° Professional Regulation Commission ID

° Integrated Bar of the Philippines ID

° Senior citizen ID

° Voter�s ID

8. How are grantees and borrowers informed of the condonation program?

Letters are sent to all SNPL student-grantees (and their co-makers) and all FPPL member-borrowers in their last recorded address.

9. What will happen if a borrower would not avail of this one-time condonation?

Failure of the borrower to avail of this condonation program will result in the whole outstanding balance of the account becoming due and demandable.

The outstanding balance is composed of the principal, accrued interests and surcharges of the loan.

As a matter of policy, the GSIS will deduct all due and demandable accounts from the future benefits and loan proceeds of a borrower, in case he / she is a GSIS member or pensioner.

In case the borrower is not a GSIS member, extrajudicial collection of the account will commence.

10. Does GSIS have a dedicated unit to cater to the account-specific queries of the borrowers?

Yes. The GSIS Central Office and branch offices shall entertain all queries of SPNL and FPPL borrowers concerning their accounts and the terms and conditions of the condonation program. For further details on both programs, borrowers can call the GSIS contact center at 847.4747.


20 January 2014

To : Agency Authorized Officers (AAO)

Subject : Guidelines in the Computation of Loanable Amount and Approval of Applications under the Home Emergency Loan Program (HELP)

In order to effectively and uniformly carry out the objectives of the Home Emergency Loan Program (HELP) which is being offered simultaneous with the implementation of the GSIS Moratorium Program for Typhoon Yolanda, and in order to ensure timely collection of loan amortizations after the moratorium period, the following formula is hereby prescribed in computing for the loanable amount of the members under the HELP. To wit:

Monthly Basic Salary + Personnel Economic Relief Allowance (PERA)
Deduct:
Total Monthly Mandatory Deductions (income tax, GSIS contribution, HDMF contribution, etc.)
Total Monthly Amortizations for loans availed from GSIS
Total Monthly Amortizations for loans availed from other loan providers
Take-home pay in compliance with the General Appropriations Act
Total Monthly Deductions
Amount Available for loan amortizations under the HELP


x,xxx.xx
x,xxx.xx
x,xxx.xx
x,xxx.xx


xx,xxx.xx






xx,xxx.xx
xx,xxx.xx

Sample Case #1 : Member is qualified to a lower loan amount

Mr. Cruz has been working in government for the last 18 years. On January 17, 2014, he filed an application for loan under HELP for Php200,000.00. Referring to the Table of Monthly Amortization that may be found at the back of the HELP application form, the computed monthly amortization for the desired loan amount is P2,280.48.

Details of his payslip for the month of December 2013 are as follows:

BASIC MONTHLY SALARY
Add: ALLOWANCES
TOTAL EARNINGS FOR THE MONTH
Less: Mandatory Deductions: Income tax Withheld
GSIS Premium Contribution
HDMF Premium Contribution
Philhealth Contribution
Deductions for other loan providers
Multi-Purpose Loan Amort - HDMF
Loan Amort - Cooperative
Loan Amort - Credit Union
TOTAL MONTHLY DEDUCTIONS
TAKE HOME PAY
Less: Net take-home pay in compliance with the General Appropriations Act (RA 10633)
GSIS Loan Deductions under Moratorium:
Consolidated Loan
Policy Loan
Real Estate Loan
TOTAL DEDUCTIONS - OTHERS
AMOUNT AVAILABLE FOR LOAN AMORTIZATION UNDER HELP




2,687.00
2,456.00
100.00
350.00

1,500.00
2,500.00
3,500.00


3,000.00

4,800.00
2,000.00
4,350.00


27,284.00
2,000.00
29,242.00









13,093.00
16,191.00





14,150.00
2,041.00

NOTE: Monthly Amortizations pertaining to newly availed/renewed loans that are not yet reflected in the payslip/payroll at the time of granting of HELP loan should likewise be deducted from the Total Monthly Earnings for the Month.

The loanable amount is computed as follows:

Sample Case #2: Member is qualified to a higher loan amount

Using the same sample and details above, Mr. Santos filed an application for loan under HELP for Php150,000.00.

The loanable amount is computed as follows:

Please be guided accordingly.


ADVISORY :

The GSIS National Capital Region (NCR) Operations Group is in the process of updating the authorized list of Liaison Officers covered under NCR. In line with this, may we request the submission of the Registration Form on or before January 31, 2014 to Ms. Zenaida S. Esmanil, Staff Officer III, at the LO Booth. This will be the basis for the renewal of their Group Personal Accident Insurance (GPAI) and the printing of their new identification cards.

Registration Form and Application for GPAI are available at the LO Booth located at Level 3, GSIS Financial Center, Pasay City.


GSIS extends housing loan restructuring program 'til June 30

Members of the Government Service Insurance System who did not meet the December 31, 2013 application deadline for the housing loan restructuring program may still apply until June 30, 2014 after it was extended by the pension fund.

The program is open to borrowers whose accounts are current or up-to-date; whose deeds of conditional sale were cancelled but which are not yet sold; and whose accounts are under foreclosure.

Buyers of rights and heirs of deceased borrowers who meet the eligibility criteria are also qualified to apply under the program.

However, borrowers whose properties were auctioned and who were already issued a certificate of sheriff sale are no longer qualified.

Under the program, GSIS will condone all unpaid penalties and surcharges and grant extended payment terms to qualified applicants.

By restructuring, the auction of the properties under the foreclosable Real Estate Loan accounts may be postponed and the cancellation of the Deed of Conditional Sale (DCS) accounts that have not yet been sold may be withdrawn.

An incentive also awaits borrowers who intend to pay their arrears in full. Those with arrearages of not more than six months will get 100% discount on unpaid interest, penalties and surcharges. While accounts with arrearages of more than six months will get discounts based on their payment history.

In addition, members with current accounts may benefit from lower monthly amortizations through longer payment periods.

For the convenience of members, GSIS is implementing a by-appointment-only policy. This aims to avoid unnecessary waste of the members' valuable time and ensure they are properly attended to.

Interested applicants in Metro Manila may call telephone numbers 479 - 3548, 479 - 3583 and 479 - 3587 to set an appointment. To contact GSIS provincial offices, applicants may call the GSIS's contact center at 847 - 4747.

Application to the housing loan restructuring program is free of charge.


Urgent Advisory

10 January 2014

For: Agency Heads
Agency Authorized Officers
- All Agencies, Bureaus, and Local Government Units under the Coverage of Catbalogan Branch Office, and Borongan and Catarman Extension Offices

Greetings!

As part of its thrust to promote service responsiveness and transparency, the GSIS Management shall conduct a dialogue with the Agency Heads and Agency Authorized Officers (AAOs) in Catbalogan City on January 16, 2014.

The dialogue aims to provide an update on new programs and policies, as well as, the initiatives being undertaken by GSIS in order to assist its stakeholders recover from the effects and damages caused by Super Typhoon Yolanda.

In view thereof, we would like to invite you to attend the dialogue on Thursday, January 16, 2014 from 8:00am to 1:30pm at the Maqueda Bay Restaurant, Catbalogan City. Lunch and snacks will be served.

The dialogue will be conducted by the Vice President for Visayas Area, Ms. Salvacion P. Mate, and other executives from the GSIS Head Office.

We have reserved two ( 2 ) seats per agency, each for the Agency Head or his/her representative and the AAO. Kindly confirm your attendance through any of the following branch personnel:

Name of GSIS Personnel Mobile Phone No.
Alex Guiang
Jacqueline S. Calinao
Aries Esguerra
09167445950 / 251-2368
09983566502 / 251-2368
09173160010 / 251-2368

We look forward to a fruitful dialogue with you.


Urgent Advisory

10 January 2014

For: Agency Heads
Agency Authorized Officers
- All Agencies, Bureaus, and Local Government Units under the Coverage of Tacloban Branch Office and Ormoc Extension Office

Greetings!

As part of its thrust to promote service responsiveness and transparency, the GSIS Management shall conduct a dialogue with the Agency Heads and Agency Authorized Officers (AAOs) in Tacloban City on January 15, 2014.

The dialogue aims to provide an update on new programs and policies, as well as, the initiatives being undertaken by GSIS in order to assist its stakeholders recover from the effects and damages caused by Super Typhoon Yolanda.

In view thereof, we would like to invite you to attend the dialogue on Wednesday, January 15, 2014 from 8:00am to 11:30am at the Ritz Tower de Leyte, Real Street, Tacloban City. Lunch and snacks will be served.

The dialogue will be attended by no less than our President & General Manager Robert G. Vergara, and other executives from the Head Office.

We have reserved two ( 2 ) seats per agency, each for the Agency Head or his/her representative and the AAO. Kindly confirm your attendance through any of the following branch personnel:

Name of GSIS Personnel Mobile Phone No.
Mr. Inocencio Maderazo
Ms. Joy Abolencia
Dr. Edwin Lopez
09176952439
09284392255
09205406021

We look forward to a fruitful dialogue with you.


AAO ADVISORY:

GSIS Memorandum Circular No. 006 Series of 2013

To : HEADS OF CONSTITUTIONAL BODIES; BUREAUS AND AGENCIES OF THE NATIONAL GOVERNMENT; LOCAL GOVERNMENT UNITS; GOVERNMENT OWNED OR CONTROLLED CORPORATIONS; STATE UNIVERSITIES AND COLLEGES; AND ALL OTHERS CONCERNED

Subject : GRANT OF HOME EMERGENCY LOAN PROGRAM (HELP) TO GSIS MEMBERS AFFECTED BY TYPHOON YOLANDA

Presidential Decree No. 682 issued on November 11, 2013 declared the whole nation under "State of Calamity". President Aquino directed all concerned agencies to extend necessary support to the areas affected by Typhoon Yolanda and to be active partners in rebuilding the homes and livelihood of the typhoon and flood victims.

The GSIS immediately responded to this call by offering the loan assistance package for active members and pensioners who were affected by Typhoon Yolanda, approved under Board Resolution 120 dated November 12, 2013.

However, despite the GSIS-approved loan package and other relief operations that are being provided by various sectors to address the pressing needs for food, clothing and medicines, most of the typhoon victims are still wanting in terms of financial support to rebuild their houses.

In line with the framework of the government to speed up the process of enabling the people to rebuild their homes and resume productive livelihood and employment activities in communities, the GSIS approved the grant of a one-time special loan program.

This special loan program named Home Emergency Loan Program (HELP) shall be made available to all GSIS active members who are working and/or residing in the worst hit calamity areas which were identified in the granting the emergency loans to stakeholders affected by Typhoon Yolanda.

HELP is over and above the other existing loan programs of the GSIS, but shall only be availed once and shall not be subjected to renewal.

To ensure that the qualified GSIS members will not be saddled by excessive loan availments from other financial or lending institutions, and at the same time ensure collection of loan amortizations, the granting of this special loan program shall strictly observe the net take-home pay prescribed under the General Appropriations Act (GM).

POLICY GUIDELINES

A. Qualified Loan Borrowers

Active members identified as working or residing in the worst hit calamity areas per GSIS records as of November 15, 2013, including employees of suspended agencies, shall be qualified to avail of the GSIS HELP. List of worst hit areas is listed in the attached Annex A.

B. Application and Availment Period

Application forms shall be accepted at any GSIS office nationwide. The special loan program shall be offered from January 02, 2014 to March 31, 2014. Acceptance of applications will be until 31 March 2014 only.

C. Loan Amount

The maximum loan amount for this loan program shall be based on the member's total length of service (TLS), as follows:

TLS Maximum Loanable Amount
Less than 5 year
5 years or more but less than 10 years
10 years and above
P30,000.00
P100,000.00
P200,000.00


The loanable amount that can be availed of shall be in multiples of Ten Thousand Pesos ( PhP10,000 ), i.e., P10,000.00, P20, 000.00, P30,000.00, P40, 000.00 and so on, but not to exceed P200,000.00.

D. Interest Rate and Loan Term

The interest rate shall be six per cent ( 6% ) compounded annually based on a diminishing balance. A fraction of a month is considered one ( 1 ) month.

The term of the loan is ten ( 10 ) years.

E. Redemption Insurance

The redemption insurance ( RI ) shall form part of the monthly amortization; premium rate is 0.38 per Php1,000.00.

F. Total Monthly Amortization

Below is the monthly amortization for various loan amounts ( multiples of 10,000 ) with 6% interest paca payable in ten ( 10 ) years.

Monthly Amortization

Loan Amount Prin. & lnt Rl Premium Total
10,000.00
20,000.00
30,000.00
40,000.00
50,000.00
60,000.00
70,000.00
80,000.00
90,000.00
100,000.00
110,000.00
120,000.00
130,000.00
140,000.00
150,000.00
160,000.00
170,000.00
180,000.00
190,000.00
200,000.00
110.22
220.45
330.67
440.90
551.12
661.34
771.57
881.79
992.02
1,102.24
1,212.460
1,322.690
1,432.910
1,543.140
1,653.360
1,763.580
1,873.810
1,984.030
2,094.260
2,204.480
3.80
7.60
11.40
15.20
19.00
22.80
26.60
30.40
34.20
38.00
41.80
45.60
49.40
53.20
57.00
60.80
64.60
68.40
72.20
76.00
114.02
228.05
342.07
456.10
570.12
684.14
798.17
912.19
1,026.22
1,140.24
1,254.26
1,368.29
1,482.31
1,596.34
1,710.36
1,824.38
1,938.41
2,052.43
2,166.46
2,280.48


G. First Due Month

Monthly amortization shall commence on July 2014, and the 1st monthly amortization must be remitted to the GSIS on or before August 10, 2014. Monthly amortizations must be paid every 1oth of the month thereafter until the loan is fully paid.

H. Net Proceeds

Only the processing fee, computed at 1% of the gross loan amount, shall be deducted from the loan amount shall be deducted from the loan amount.

I. In Default Account and Penalty Charges

Failure of the borrower to pay six ( 6 ) monthly instalments shall consider him/her in default. The redemption insurance coverage shall be automatically lapsed or cancelled once the loan is declared in default. In such case, the outstanding balance of the loan shall be due and payable without need of demand or further notice, all of which the borrower expressly waives. On the other hand, as a matter of GSIS collection and remedial policies, arrearages shall be deducted from other loans which the member may avail.

An account which incurs arrearages equivalent to more than six ( 6 ) months of amortization shall become due and demandable and shall be charged an interest rate of 12% per annum compounded monthly (pacm).

J. Application of Redemption Insurance Benefit

If the member dies and the loan is up-to-date, the loan shall be deemed fully paid by virtue of the redemption insurance coverage.

In case the loan is in arrears, only the theoretical balance of the loan shall be considered fully paid while the arrearages shall be deducted from whatever benefits that may be due the deceased.

The redemption insurance coverage shall be deemed lapsed or cancelled once the loan is declared in default. In such case, the outstanding balance and unpaid interests immediately prior to death shall be due and demandable and shall be deducted from whatever benefits that may be due the deceased.

The insurance coverage shall automatically terminate once the borrower pays the loan in full or upon expiration of the term of the loan, whichever comes first.

K. Compulsory Pre-Termination

The loan shall be due and demandable upon the resignation, retirement, or separation from service of the member.

In case of retirement, the outstanding principal and unpaid interests shall be collected in accordance with PPG No. 209ᆟ [Choice of Loan Amortization Schedule for Pensioners or CLASP].

L. No Pre-Termination Fee

The loan may be pre-terminated without penalties by paying the outstanding balance of the loan before the end of the loan term.

M. Cancellation

Once the loan is approved and the loan proceeds have been credited in the GSIS eCard account, the member has no more option to cancel the loan but only to pre-terminate it without any right to demand for reimbursements of the fees deducted (i.e. processing fee).

N. Recovery of Amount/s Credited in the GSIS eCard

The GSIS shall have the right to recover by any legal means possible, any amount in the eCard account credited thereon as a result of fraud, misrepresentation or error on account arising from any transaction which the member may have with the GSIS.

O. Refund of Overpayments

The refund of loan overpayments shall be facilitated by the GSIS in accordance with the existing policy guidelines on the treatment of excess loan payments.

ROBERT G. VERGARA
President & General Manager
27 December 2013

List of Cities/Municipalities Considered Worst Hit by Typhoon Yolanda
as of December 4, 2013

No. Province City-Municipality
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Antique
Antique
Antique
Antique
Antique
Antique
Antique
Antique
Antique
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Negros Occidental
Negros Occidental
Negros Occidental
Palawan
Palawan
Palawan
Palawan
Palawan
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Altavas
Balete
Batan
libacao
Madalag
Banga
Buruanga
Ibajay
Kalibo
Lezo
Makato
Malinao
New Washington
Numancia
Tangalan
Nabas
Barbaza
Culasi
Sebaste
Tibiao
Lauaan
Libertad
Pandan
Bugasong
Caluya
Cuartero
Dao
Dumalag
Dumarao
Ivisan
Jamindan
Ma- Ayon
Mambusao
Panitan
Pilar
Pontevedra
Pres. Roxas
Sapian
Sigma
Iapaz
Panay
Roxas City
Bantayan
Bogo City
Daan Bantayan
Madridejos
Medellin
San Remigio
Santa Fe
Borson
Pilar
Tabogon
Tabuelan
Poro
San Francisco
Sogod
Tudela
Ajuy
Balasan
Batad
Concepcion
Estancia
Lemery
San Dionisio
San Rafael
Sara
Banate
Barotac Viejo
Bingawan
Carles
Duenas
Passi City
San Enrique
Albuera
Burauen
Dagami
Dulag
Isabel
Jaro
Julita
Kananga
Lapaz
Mac Arthur
Matag-OB
Mayorga
Merida
Ormoc City
Palo
Palompon
Pastrana
Tabon Tabon
Tanuan
Tolosa
Villaba
Abuyog
Alangalang
Barugo
Capoocan
Carigara
Javier
Leyte
San Isidro
Santa Fe
Tabango
Tacloban City
Tunga
Calubian
Cadiz City
Manapla
Sagay City
Busuanga
Coron
Culion
Agutaya
Linapacan
Basey
Marabut
Balangiga
Giporlos
Guiuan
Lawaan
Mercedes
Quinapondan
Salcedo
Hernani
Balangkayan


AAO ADVISORY:

GSIS Memorandum Circular No. 005 Series of 2013

To : HEADS OF CONSTITUTIONAL BODIES; BUREAUS AND AGENCIES OF THE NATIONAL GOVERNMENT; LOCAL GOVERNMENT UNITS; GOVERNMENT OWNED OR CONTROLLED CORPORATIONS; STATE UNIVERSITIES AND COLLEGES; AND ALL OTHERS CONCERNED

Subject : AUTOMATIC GRANT OF A SIX-MONTH MORATORIUM ON LOAN AMORTIZATIONS OF GSIS MEMBERS AND PENSIONERS RESIDING AND/OR WORKING IN THE WORST-HIT CALAMITY AREAS AS A RESULT OF TYPHOON YOLANDA

Barely a month after a 7.2 magnitude earthquake hit the provinces of Bohol and Cebu on October 15, 2013, another devastating calamity whipped the Visayas last November 8, 2013 leaving the worst hit areas paralyzed and isolated. Super Typhoon Yolanda (international name: Haiyan), considered as the strongest typhoon ever recorded in Philippine history, initially hit the town of Guiuan in Eastern Samar, then smashed into nearby coastal communities with a "storm surge" that resulted in instantaneous flooding in Tacloban City and other towns in Leyte and Samar.

The category- 5 super typhoon, which swept across the Visayas provinces and the island of Coren in Palawan, destroyed telephone and power lines as well as homes and vital infrastructure causing massive power outage and communication blackout.

Bound by its social obligation to help its members and pensioners in times of adversity, the GSIS approved, under Resolution No. 129 dated November 28, 2013, the automatic grant of six months moratorium by way of deferring the payment of the members' and pensioners' loan amortizations to enable them to use such fund to recover and rebuild their lives.

POLICY GUIDELINES FOR THE 6-MONTH MORATORIUM

A. Moratorium Defined

The moratorium shall mean deferment of loan amortization payment, without interest and penalties, for six months covering the period November 2013 to April 2014. Thus, it shall result to an extension of the repayment term by a maximum of six ( 6 ( months including those emergency loans granted to members and pensioners from November 15, 2013 to December 31, 2013.

B. Moratorium Period

The moratorium shall cover loan amortizations due on eligible loan accounts from November 2013 to April 2014.

C. Qualified Borrowers

All Active Members and Pensioners who were residing and/or working in the worst hit Calamity Areas are entitled to the benefits of this program.

For purposes of determining the eligibility of the borrowers, the GSIS shall refer to the addresses of members/pensioners (both for places of residence and work) as recorded in the GSIS Membership database as of October 31, 2013.

D. Worst Hit Calamity Areas

For purposes of identifying the worst hit calamity areas, the following parameters/criteria were considered:

1. The city/municipality should be within the typhoon path based on the report of National Disaster Risk Reduction Management Council (NDRRMC) ;

2. The city/municipality should have been declared as worst/hardest hit calamity area through a resolution issued by the Sangguniang Panlalawigan or Panglungsod or, through Certification issued by the Provincial Governor or Administrator.

3. Attached as Annex A is the list of cities and municipalities considered as worst hit calamity areas as declared by the appropriate City or Municipal Council or certified by the Office of the Provincial Governor or Administrator.

E. Loan Accounts Covered

The following loan accounts are covered by the program:

1. Active Loan Accounts as of October 31, 2013.

All active loan accounts regardless of whether or not the account has arrears as of October 31, 2013 are covered under this program. To wit:

1.1 Consolidated Loan

1.2 eCard Cash Advance

1.3 Pension Loan

1.4 Pensioner's Restructured Loan

1.5 Policy Loan

1.6 Emergency Loan

1.7 Enhanced Salary Loan

1.8 Educational Assistance Loan

1.9 Summer One-Month Salary Loan

1.10 Housing Loan (DCS and REL)

2. Loans Granted from November 1, 2013 to December 31, 2013.

All loans granted within November 1 to December 31, 2013, including Pensioners' Emergency Loan, shall also be covered under this program. However, the payment of the first amortization shall be deferred up to April 30, 2014, and the corresponding amortization shall be included in May 2014 billing which shall be due on or before June 10, 2014.

F. Loan Accounts NOT Covered

All loans granted beginning January 1, 2014 shall not be covered by this program.

G. No need for filing of Request/Application

Qualified borrowers shall be electronically identified based on the qualifications/parameters prescribed above. Thus, members and pensioners in the worst hit calamity areas ARE AUTOMATICALLY COVERED BY THE MORATORIUM AND NEED NOT FILE a request or application to GSIS.

The qualified borrowers, their respective Administrative/Finance Officer and Authorized Administrative Officer (AAO) shall be advised in writing of their entitlement to the moratorium, as well as, the prescribed guidelines and other information materials about the program.

H. Stoppage of Deduction

For borrowers whose payment of monthly amortization is thru payroll deduction

The Administrative/Finance Officer shall immediately cause the temporary stoppage of deduction upon effectivity of this Program. Any remittance made during the moratorium period shall be applied to the outstanding balance of the loan following the order of priority in application of payments (i.e. penalties/surcharge, insurance, interest, principal).

For borrowers of housing loan whose payment of monthly amortization is thru post-dated checks (PDCs)

Housing loan borrowers with PDCs in the custody of GSIS who will qualify under the program shall be:

1. Notified by GSIS in writing to retrieve their PDCs from GSIS Treasury Unit; and

2. Required to replace the retrieved PDCs not later than April 1, 2014.

I. Resumption of Deduction

After the end of the moratorium period on April 30, 2014, the Administrative/Finance Officer without need of notice from GSIS, shall resume the deduction of the monthly loan amortization in the May 2014 payroll, and shall remit the same not later than June 10,2014.

Housing loan borrowers who are paying "over-the-counter" shall likewise resume paying the required monthly amortization starting May 2014.

The existing policy on declaring accounts in default shall apply after the end of the moratorium period.

J. Suspension of Billing and Collection Activities

The system generation of monthly amortization billing for the covered loan accounts, and the sending of the monthly billing, demand letters and collection notices to the qualified borrowers shall be suspended during the moratorium period.

K. Effects of Renewal of Loans starting January 1, 2014

Renewal of loans beginning January 1, 2014 shall result to the lifting of benefits under the moratorium program effective upon date of renewal. The lifting of the moratorium benefit shall only apply to the particular loan account renewed.

L. Application of CLASP

The Choice of Loan Amortization Schedule Program (CLASP) shall continue to be applied for qualified borrowers who will be retiring-separated from the service within the moratorium period.

M. Insurance Cover During the Moratorium Period

The Fire Insurance (FI) and Loan Redemption Insurance (LRI) coverage shall continue to be enforced during the moratorium period. Premiums due during the moratorium period shall be paid in full on or before June 10, 2014.

In case of retirement, resignation, or separation from the service or demise of the borrower during the moratorium period, the proportionate Fl and LRI shall be deducted from any claims or benefits of the insured.

N. Application of Loan Payments Received during the Moratorium Period

Any payment or remittance received during the moratorium period that are intended to settle amortizations for a qualified loan account shall be applied directly to the outstanding balance of the loan.

Application of payment shall follow the order of priority below, on a monthly basis and starting from the oldest month to the current month. To wit:

1st: Penalties/Surcharges, if any

2nd: Loan Redemption Insurance (LRI)

3rd: Interest

4th: Principal

ROBERT G. VERGARA
President & General Manager

Annex A
List of Cities/Municipalities Considered Worst Hit by Typhoon Yolanda
as of December 4, 2013

No. Province City-Municipality
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Aklan
Antique
Antique
Antique
Antique
Antique
Antique
Antique
Antique
Antique
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Capiz
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Cebu
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Iloilo
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Leyte
Negros Occidental
Negros Occidental
Negros Occidental
Palawan
Palawan
Palawan
Palawan
Palawan
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Western Samar
Altavas
Balete
Batan
libacao
Madalag
Banga
Buruanga
Ibajay
Kalibo
Lezo
Makato
Malinao
New Washington
Numancia
Tangalan
Nabas
Barbaza
Culasi
Sebaste
Tibiao
Lauaan
Libertad
Pandan
Bugasong
Caluya
Cuartero
Dao
Dumalag
Dumarao
Ivisan
Jamindan
Ma- Ayon
Mambusao
Panitan
Pilar
Pontevedra
Pres. Roxas
Sapian
Sigma
Iapaz
Panay
Roxas City
Bantayan
Bogo City
Daan Bantayan
Madridejos
Medellin
San Remigio
Santa Fe
Borson
Pilar
Tabogon
Tabuelan
Poro
San Francisco
Sogod
Tudela
Ajuy
Balasan
Batad
Concepcion
Estancia
Lemery
San Dionisio
San Rafael
Sara
Banate
Barotac Viejo
Bingawan
Carles
Duenas
Passi City
San Enrique
Albuera
Burauen
Dagami
Dulag
Isabel
Jaro
Julita
Kananga
Lapaz
Mac Arthur
Matag-OB
Mayorga
Merida
Ormoc City
Palo
Palompon
Pastrana
Tabon Tabon
Tanuan
Tolosa
Villaba
Abuyog
Alangalang
Barugo
Capoocan
Carigara
Javier
Leyte
San Isidro
Santa Fe
Tabango
Tacloban City
Tunga
Calubian
Cadiz City
Manapla
Sagay City
Busuanga
Coron
Culion
Agutaya
Linapacan
Basey
Marabut
Balangiga
Giporlos
Guiuan
Lawaan
Mercedes
Quinapondan
Salcedo
Hernani
Balangkayan

AAO ADVISORY:

GSIS to release Php1.2 B in cash benefit for qualified members

After posting earnings from its social insurance fund, the Government Service Insurance System (GSIS) will disburse a total amount of Php1.19 billion in cash benefit to its compulsory life insurance policyholders.

The payout this year is 28% higher than the Php930 million released last year, President and General Manager Robert G. Vergara said.

Active members whose life insurance coverage have been in force for at least one year as of December 31, 2012 are qualified to receive the cash benefit.

However, members whose policies lapsed, matured, or were terminated in 2012 and who have defaulted in their salary and consolidated loans for at least 12 months and unpaid premiums for at least 12 months as of December 31, 2012 are ineligible to receive their cash benefit.

Likewise, employees working in suspended agencies as of December 31, 2012 are unqualified to receive their cash benefit.

The cash benefit will be automatically credited to the accounts of qualified GSIS members through their GSIS eCards or UMID cards from December 17 to 21, 2013.

Our servicing banks requested that the release of cash benefit be staggered within the five-day period to ensure that our members receive them before Christmas day and to avoid further delays, PGM Vergara said.

GSIS earned more than Php93 billion in comprehensive income in 2012, an increase of 27.3% from Php73.2 billion in 2011. The growth was attributed to the pension fund�s heightened effort to collect premium payment as well as the improved performance of the System�s investments.



AAO ADVISORY:

GSIS to grant Christmas cash gift to pensioners

Pensioners of the Government Service Insurance System (GSIS) will receive their annual Christmas cash gift through their eCard accounts by December 10, 2013.

''The Board of Trustees and Management of GSIS realize that our pensioners look forward to receiving their cash gift every year as part of the Christmas season,'' said GSIS President and General Manager Robert G. Vergara.

''That is why, the Board wants to release it as soon as possible.''

According to PGM Vergara, the pension fund will disburse a total of Php2.1 billion for the cash gift, an amount that is 16.7% higher than last year�s allocation of Php1.8 billion.

Qualified to receive the cash gift are 238,490 old-age/retirement and disability pensioners who have been receiving their monthly pension for at least five years as of December 15, 2012.

Pensioners living abroad and in the Autonomous Region of Muslim Mindanao (ARMM) who are on suspended status at the time of the grant of the Christmas Cash Gift will be ineligible to receive it, but may still qualify if they activate their status not later than April 30, 2014.

Vergara said that pensioners who will receive their cash gift for the first time will be granted an amount equivalent to a month�s pension but not to exceed Php10,000. While pensioners who have been previously receiving a cash gift of more than Php10,000 will get one month�s pension up to a maximum of Php12,600.

In addition, pensioners who resumed their regular monthly pensions after December 2012 (or the five-year guaranteed period) will receive an amount equivalent to a month�s pension up to a maximum of Php10,000.

However, certain pensioners will be ineligible to receive the cash gift. These include survivorship and dependent pensioners; retirees who received in advance, their guaranteed pensions in the form of lump sum and who will be receiving their regular monthly pensions after December 31, 2013; and new retirees from 2009 to 2013 who will be entitled to the Christmas Cash Gift five years after their retirement date.

Pensioners who will activate their status by April 30, 2014 will receive their cash gift not later than May 31, 2014.

For questions on the grant of cash gift, pensioners may call the GSIS contact center at 847.4747.

AAO ADVISORY:

Please be informed that the facilities and services below will be temporarily unavailable on November 23, 2013 (Saturday) from 7:00 A.M. to 3:00 P.M. to give way to a scheduled Disaster Recovery Exercise:

• GW@PS kiosks
• GV@PS
• AAO Website
• UMID enrollment

The following GSIS Branch Offices will be affected:

Bacolod
Baguio
Basilan
Bataan
Batangas
Bayombong
Bohol
Butuan
Cabanatuan
Cagayan de Oro
Calapan
Cauayan
Cotabato
Dagupan
Davao
Dipolog
Dumaguete
General Santos
Iba
Iligan
Iloilo
Kidapawan
La Union
Laguna
Laoag
Legazpi
Lucena
Naga
Pampanga
Quezon City
Tagum
Tuguegarao
Zamboanga


Normal operations will resume on November 23, 2013 at 3:00 P.M.

Kindly inform your co-workers about this advisory.

Thank you for your understanding and cooperation.

Government Service Insurance System


MEMO CIRCULAR NO. 004 - 2013 : Location of GSIS Kiosk Machines in the National Capital Region (NCR) and Reminder on the Updating of Member's Records for Loan Purposes

For increased accessibility and convenience of our GSIS members in using the kiosks, GSIS has increased the number of machines and placed them strategically in agencies and offices within the National Capital Region.

Kiosk machines are utilized to provide members easy access to member's information (i.e. status of membership and accounts, changes in some personal data such as update of mobile phone numbers, and for loan application).

As of 31 October 2013, attached is the list of agencies that have been provided GSIS kiosks.

Please report to GSIS any problems encountered with kiosk machines. You may get in touch with our Information Technology Support Group at telephone numbers ( 02 ) 9764911 or you may email itService_desk@gsis.gov.ph. For request for changes in kiosk locations, please inform the GSIS so we can study the feasibility of such movement as network signals may not be available in the area.

We reiterate the importance of updating member's records in the data base and in this regard, we strongly encourage the prompt submission of pertinent forms to GSIS through your AAO, to allow more efficient posting of payments and more accurate amount for loan granting.

Thank you for your cooperation.

GSIS MANAGEMENT

Kiosk Locations in NCR

No. LOCATION AGENCY GSIS HANDLING BRANCH COMPLIANCE CATEGORY KIOSK TYPE
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
AGENCY
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
AGENCY
AGENCY
AGENCY
DEPED
AGENCY
AGENCY
AGENCY
DEPED
DEPED
AGENCY
AGENCY
AGENCY
AGENCY
MGO
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
CGO
AGENCY
AGENCY
AGENCY
AGENCY
ROBINSON
ROBINSON
ROBINSON
AGENCY
AGENCY
CGO
AGENCY
AGENCY
AGENCY
DEPED
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
AGENCY
ROBINSON
ROBINSON
AGENCY
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS
GSIS HOME OFFICE - PASAY (eCard 1)
GSIS HOME OFFICE - PASAY (eCard2)
GSIS HOME OFFICE - PASAY (eCard3)
GSIS HOME OFFICE - PASAY (eCard4)
GSIS HOME OFFICE - PASAY (eCard5)
GSIS QUEZON CITY
BANGKO SENTRAL NG PILIPINAS
CGO CALOOCAN
CGO LAS PI�AS
CGO MAKATI
CGO MALABON
CGO MANDALUYONG
CGO MARIKINA
CGO MUNTINLUPA
CGO NAVOTAS
CGO PARA�AQUE
CGO PASIG
CGO QUEZON CITY
CGO SAN JUAN
CGO TAGUIG
CGO VALENZUELA
CIVIL SERVICE COMMISSION CENTRAL OFFICE
COMMISSION ON AUDIT
COMMISSION ON ELECTIONS (MAIN)
DEPARTMENT OF EDUCATION - CENTRAL OFFICE
DEPARTMENT OF FOREIGN AFFAIRS
DEPARTMENT OF JUSTICE
DEPARTMENT OF THE INTERIOR AND LOCAL GOVERNMENT
DEPED CALOOCAN
DEPED QUEZON CITY
DOH- QUIRINO MEMORIAL MEDICAL CENTER , PROJECT 4 QC
HOUSE OF REPRESENTATIVES
LAND REGISTRATION AUTHORITY
LANDBANK OF THE PHILIPPINES
MGO PATEROS
NATIONAL BUREAU OF INVESTIGATION (MAIN)
OCAD (LOWER COURT) I
OCAD (LOWER COURT) II
OFFICE OF THE PRESIDENT
PHILIPPINE GENERAL HOSPITAL
PHILIPPINE NATIONAL POLICE
SENATE OF THE PHILIPPINES
SOCIAL SECURITY SYSTEM
SUPREME COURT OF THE PHILIPPINES
UNIVERSITY OF THE PHILIPPINES - DILIMAN
UNIVERSITY OF THE PHILIPPINES - DILIMAN
CGO CALOOCAN
CGO LAS PI�AS
CGO MAKATI
CGO MALABON
CGO MANDALUYONG
CGO MANILA
CGO MARIKINA
CGO MUNTINLUPA
CGO NAVOTAS
CGO PARA�AQUE
CGO PASIG
CGO QUEZON CITY
CGO SAN JUAN
CGO TAGUIG
CGO VALENZUELA
CIVIL SERVICE COMMISSION CENTRAL OFFICE
DEPARTMENT OF THE INTERIOR AND LOCAL GOVERNMENT
HOUSE OF REPRESENTATIVES
OFFICE OF THE PRESIDENT
ROBINSONS GALLERIA
ROBINSONS METRO EAST
ROBINSONS NOVA MARKET
SENATE OF THE PHILIPPINES
Bureau of Customs, South Harbor
CGO Pasay
Civil Service Commission Office
Court of Appeals, Main Office
DBP, Main Office
DEPED Manila
DOH, Main Office
DPWH, Main Office
Metro Manila Development Authority
National Center for Mental Health
National Housing Authority, Quezon City
Office of the Ombudsman
PAO, Main Office
Philippine Drug Enforcement Agency
Philippine Orthopedic Center
Philippine Postal Corporation, Central Office
PUP Manila
ROBINSONS FORUM
ROBINSONS MANILA
Sangguniang Panlungsod, Manila
GSIS HOME OFFICE
GSIS HOME OFFICE
GSIS HOME OFFICE
GSIS HOME OFFICE (LIBRARY)
GSIS HOME OFFICE (LIBRARY)
GSIS HOME OFFICE (LIBRARY)
GSIS HOME OFFICE (LIBRARY)
GSIS HOME OFFICE (LIBRARY)
GSIS HOME OFFICE (LIBRARY)
GSIS HOME OFFICE (LIBRARY)
GSIS HOME OFFICE (LIBRARY)
GSIS HOME OFFICE (LIBRARY)
GSIS HOME OFFICE (LIBRARY)
GSIS HOME OFFICE (LOBBY)
GSIS HOME OFFICE (OPGM)
GSIS QUEZON CITY
GSIS QUEZON CITY
GSIS QUEZON CITY
GSIS PASIG
GSIS PASIG
GSIS PASIG
HEAD OFFICE
HEAD OFFICE
HEAD OFFICE
HEAD OFFICE
HEAD OFFICE
HEAD OFFICE
HEAD OFFICE
HEAD OFFICE
HEAD OFFICE
HEAD OFFICE
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GSIS to pay claims through eCard starting October 14, 2013

The Government Service Insurance System (GSIS) will start releasing benefits through e-crediting starting October 14, 2013. The proceeds will be electronically credited to the eCard or Unified Multi-Purpose Identification Card (UMID) accounts of members.

The proceeds of the following claims will be paid through the eCard starting October 14, 2013 : retirement, cash surrender value, maturity, pre-need, survivorship, death claim, funeral claim, disability claim, and accidental death benefits.

In line with this, we are advising all Agency Authorized Officers (AAOs), Liaison Officers (Los) and concerned officials of all government agencies to instruct all members who have no GSIS eCard or UMID yet to enrol in the eCard system. The applicant should bring two valid government identification cards and personally visit the nearest GSIS office.

Please disseminate this information to all GSIS members in your respective agencies.

Thank you.


GSIS memorial plan holder may refund cash payments until Dec 31, 2013

The Government Service Insurance System (GSIS) has extended the deadline of the application for the Enhanced Optional Exit Mechanism (EOEM) for its memorial plan holders until December 31, 2013.

According to GSIS President and General Manager Robert G. Vergara, the four-month extension is expected to attract more memorial plan holders to convert their memorial plans to cash.

"The GSIS is implementing the exit mechanism to protect our memorial plan holders from problems that may arise in the future and to pay for their other expenses," Vergara added.

The EOEM is a program that allows plan holders to refund their cash payments not lower than the contract price, depending on the type of memorial plan. Qualified to avail of EOEM are policy holders who have fully paid their accounts; have not yet availed of memorial benefits, Optional Exit Mechanism or EOEM.

Plan holders of Genesis Plan and Special Plan may refund 100 per cent of the plan�s contract price, while plan holders of the Genesis Plus Plan may refund 125 per cent and Genesis Flexi Plan, 150 per cent.

So far, a total of 3,981 plan holders have already availed of the EOEM program.

Plan holders who wish to avail of the EOEM must submit the following: ( 1 ) a fully accomplished application form; ( 2 ) photocopy of the GSIS Memorial Plan Agreement or the affidavit of loss if lost; ( 3 ) photocopies of the plan holder�s two valid government-issued IDs; and ( 4 ) certificate of full payment, if any.

Application forms are available at any GSIS branch office or downloaded from the GSIS website at www.gsis.gov.ph. For more information on the exit mechanism, plan holders may call the GSIS Contact Center at 847 - 4747.


GSIS educational assistance loan window open until December 27

Active Government Service Insurance System (GSIS) members who have not yet availed of the one-time educational assistance loan (EAL) may still apply for the Educational Assistance Loan until December 27, 2013.

All active members, regardless of salary grade, length of service, and status of agency and member accounts are entitled to avail of the EAL in the amount of Php 4,000.00.

Eligible members may file their application for EAL over the counter or through their agency�s liaison officer. Certification from their agency authorized officer or endorsement from their respective agencies is not required.

The loan is payable in five years, with six percent interest per annum. The amortization for 59 months is Php 20.00 per month or Php 240.00 per year, with the first monthly amortization to start three months from the grant of the assistance.

The GSIS Educational Assistance Program (EAP) was launched in 2012 following the Labor Day speech of President Benigno Aquino III, instructing both the GSIS and Social Security System to generate an educational assistance fund for their stakeholders.

GSIS President and General Manager Robert Vergara said that through the EAP, the GSIS has been helping members defray their children's education expenses.

He said over Php 2.49 billion has been released under the program.

The application form for the EAL may be obtained from any GSIS offices or downloaded from the GSIS website, www.gsis.gov.ph.

Inquiries on the loan may be directed to the GSIS Contact Center at 847 - 4747.


GSIS resumes payment of EC survivorship benefit

State pension fund Government Service Insurance System (GSIS) today announced that it will start paying the suspended survivorship pension of qualified Employees' Compensation (EC) pensioners and dependents, after the Employees Compensation Commission (ECC), resolved to lift the suspension of its payment beyond the five-year guaranteed period.

Under the Employees' Compensation program implemented by ECC, the grant of EC survivorship pension, mandated under Presidential Decree 626, is among the benefits given to employees who died from work-connected accident, disease, or disability.

It will be recalled that in 2006, the previous GSIS administration suspended the payment of the pension after the five-year guaranteed period.

GSIS President and General Manager Robert Vergara said qualified EC survivors whose pension has been stopped as of August 2012 and those who should be receiving their pension beginning August 2012, will benefit from the ECC resolution.

In letters sent recently to EC survivorship pensioners, GSIS requires surviving legitimate spouses (of deceased EC pensioners) to submit a certificate of no marriage (CENOMAR) issued by the National Statistics Office, stressing that the ECC board resolution disqualifies them from the benefit if they remarried.

All qualified EC survivorship pensioners will also be asked later to enroll for eCard, through which their monthly pension will be credited, after the GSIS has created their pension records.

When submitting document to the nearest GSIS office, pensioners are further advised to bring two valid government-issued identification cards and a copy of the letter from the GSIS for easy reference.

Under PD 626, EC contributions are paid solely by employers in case of work-related contingencies incurred by their employees, such as accident, disease, disability, or death. Employees do not contribute to the Employees Compensation Insurance Fund.

The GSIS and the Social Security System are the implementing agencies and fund managers of the EC Insurance Fund for the public and private sectors, respectively.

Questions on the EC survivorship pension may be directed to the GSIS Contact Center at 847 - 4747. Qualified EC pensioners may also send an email to ecc_mails@yahoo.com or eccpension@gsis.gov.ph.

GSIS MANAGEMENT


2ND ADDENDUM TO CIRCULAR NOS. 001 - 2013 and 002 - 2013 ON THE SUBMISSION OF OMBUDSMAN CLEARANCE FOR RETIRING EMPLOYEES AND THOSE WHO WILL CLAIM FOR SEPARATION BENEFITS WITH GSIS

Corollary to Memorandum Circular Nos. 001 - 2013 and 002 - 2013 on the submission of a Clearance from the Ombudsman by all Retiring Employees of the Government and from employees who will claim for separation benefits with the GSIS, pursuant to COA Circular No. 2013 - 001 dated 10 January 2013, please be advised that the same documentary requirement shall be required from the legal heirs of government employees filing for survivorship benefits with the GSIS for:

1. Death of an active member who has not filed for retirement or separation benefits;

2. Death of an inactive member who has not previously filed for retirement or separation benefits.

The "Clearance from the Office of the Ombudsman" shall attest as to whether the deceased employee has a pending criminal case at the time of contingency.

The imposition of the submission of the Certificate was based on Memo Circular No. 10, series of 1995 issued by the Office of the Ombudsman.

For information and strict compliance.

GSIS MANAGEMENT


ADDENDUM TO CIRCULAR NO. 001 - 2013 ON THE SUBMISSION OF OMBUDSMAN CLEARANCE FOR RETIRING EMPLOYEES

Corollary to Memorandum Circular No. 001 - 2013 on the submission of Clearance from the Ombudsman of all Retiring Employees of the Government pursuant to Circular No. 2013 - 001 dated 10 January 2013 issued by the Commission on Audit, the same documentary requirement shall be required from all employees of the government who will claim for separation benefits with GSIS. The "Certificate from the Office of the Ombudsman", shall attest as to whether the separating employee has a pending criminal or administrative case.

The imposition of the submission of the Certificate was based on Memo Circular No. 10, series of 1995 issued by the Office of the Ombudsman.

For information and strict compliance.

GSIS MANAGEMENT


GSIS releases Php285M in pension adjustments

The Government Service Insurance System (GSIS) said that it has disbursed a total of Php285 million in pension adjustments to its 45,000 retirees as of February 2013 after it revived the policy recomputing their pension based on their first day of retirement.

The new policy covers pensioners who retired on or after September 2009 and are in active status as of payment date.

According to GSIS President and General Manager Robert G. Vergara, "the decision to adopt the payment of proportionate pension in 2011 was based on the principle that pension is not a privilege but an earned right."

Pensioners were informed of their adjusted pension through a letter and received the amount through their eCards.

Under the new policy, a government employee who retired from the service effective February 15, for instance, will be paid a portion or fraction of his or her pension covering February 15 - 28 apart from the monthly pension thereafter.

Previously, a retiree would start receiving his or her pension only in March, which means losing a proportionate pension in February.

GSIS started crediting Php212 million in pension adjustments to 33,000 eligible pensioners last December 2011. The second tranche, amounting to Php50 million, was credited to 8,000 retirees in May 2012 ; while the third tranche of Php23 million covering 4,200 retirees was credited from December 22, 2012 to February 2013.

The crediting of adjustments for the remaining 1,870 pensioners is scheduled this month.

For inquiries, call the GSIS Contact Center at 847 - 4747.


In the service of pensioners
From "Medium Rare" column of Jullie Yap Daza Manila Bulletin, 7 March 2013

By GSIS President and General Manager Robert "Bernie" Vergara's count, there are 7,000 government agencies, and of this number 280 did not remit employees' contributions to the state pension fund as of 2010. Now, 280 out of 7,000 may look like a drop in the bucket, but that's still 280 too many government offices that are holding on to money that is not theirs. Haven't they heard of a street called Daang Matuwid?

That bucket could be filled with tears, as was the case with a teacher who was deprived of her benefits because DepEd-ARMM neglected/forgot/refused to remit the premiums she paid every month over several years. Three years of back-and-forth, to-and-fro, never giving up, Ms. Disomimba finally got her pension.

"Initially, she was expecting some small or modest amount, but when we told her what was her due, she broke down in tears," recounted Mr. Vergara to Bulong Pulungan last week. As it turned out, what was due her was P300,000-plus.

When, weeks afterward, she wrote a thank-you letter to the GSIS president, he, too, "felt like crying." Beginning last month, GSIS started refunding the monthly contributions of teachers like Ms. Disomimba, 24,000 of them in ARMM alone. Even better, under an agreement signed among DepEd, GSIS and DBM, nearly 800,000 employees of DepEd-National from 1997 to 2010 will be paid a total of P7 billion courtesy of DBM. (Be glad the teachers are not claiming interest accrued over the years!)

Other GSIS members who can breathe easier now are prosecutors, who will be refunded for excess premium payments; 12,000 postal employees, whose loan privileges have been reinstated; and memorial plan holders, who have been granted absolute exit from their contract with the preneed service provider. In the works are a plan to increase funeral benefits to P30,000 and to allow members to claim separation benefits before they hit 60, not necessarily in that order.


Some progress in Daang Matuwid
Excerpts from "Demand and Supply" column of Boo Chanco Philippine Star, 14 March 2012

Let me relate a story I heard from different sources about how the reinsurance costs of GSIS have been cut by anywhere from 30 to 40 percent. That indicates how much the crooks in the past are making on this business� and it is big business.

For background, all government assets are required to be insured by the GSIS. Some assets are just too big for GSIS to take sole risk so these assets, like those of the power grid, are reinsured for which a premium in fairly large amounts are paid. During the Marcos era, a company called Integral Factors owned by Roberto Benedicto cornered this business. With EDSA 1, the business was somewhat opened up but the crookedness apparently remained.

When Transco was privatized during Ate Glue's watch the high cost of GSIS reinsurance eventually became a concern. The Grid assets are still government owned and only the operations and maintenance were effectively privatized so it was mandatory to course reinsurance through GSIS. Of course the private sector business group on top of National Grid knew how much they were being screwed by the reinsurance costs being charged by GSIS. They confirmed their suspicions when P-Noy took over with his Daang Matuwid. All of a sudden their reinsurance costs dropped significantly� to the level of what it should be. That should help bring down power costs to us consumers too.

The thing is, this administration keeps good stories like this as top secrets when telling these accomplishments, even if still work-in-progress helps build confidence in P-Noy and his program of good governance. I am told that they want to build cases against those responsible for ripping off power consumers. Maybe so, but for someone who has been in the information business all my professional life, I see no conflict in being open with good stories and going after the crooks too at the same time.

In fact, I think the President himself should appeal to the private sector entities that may have been forced to cooperate with the crooks in the past administration to now cooperate in building the cases before cases are brought up against them too. Given the magnitudes of the amounts, this is plunder plain and simple. This GSIS experience proves P-Noy is right: it is possible to reconfigure the road into something more straight and narrow.

One other good thing that could happen with early reporting of good stories like this is to preclude the possibility that the present officials of GSIS or any government agency for that matter, from straying. It takes very little for those with less than solid moral grounding to get comfortable with the crooked practices. As they say...weather weather lang. But with early public disclosure, they will have to keep up with the high standards set.


Members are Bernie Vergara�s passion
Excerpts from "Angel Thoughts" column of Deedee M. Siytangco Manila Bulletin, 3 March 2013

Now, amidst the poignancy of the Pontiff's final days in the seat of St. Peter, the Sabah stand-off tensions, the frenzy of the senatoriable campaign, and the looting of a DSWD office in Davao for relief goods, our Bulong Pulungan media forum at Sofitel was refreshed by a shower of good news, nay, a downpour, from Robert G. Vergara, or simply Bernie, GSIS President and General Manager last Tuesday.

A "balikbayan" at the forum (we had him last June of 2011 when he outlined his priorities and revealed P-Noy's marching orders to him, "Take care of your constituents!" ), we wanted to hear how far he had gone with his "wish and do list." So he gave us, as it were, a "state of the GSIS" which had us glued to our seats.

For starters, the agency implemented the Php5,000 minimum basic pension in January this year which benefited nearly 57,000 pensioners who previously received pensions below Php5,000. Also, around 43,000 pensioners with over Php5,000 but less than Php8,000 monthly pension received Php200 increment. Bernie proudly reported:

* Beginning February this year, GSIS also started refunding the premium contributions pertaining to the government share (GS), which were previously deducted from the life insurance benefits of more than 73,000 employees of the Department of Education.

Under the agreement, the DBM settles the Php6.92 billion in unpaid compulsory premium contributions-GS of nearly 800,000 teaching and non(teaching employees of the DepEd from July 1, 1997 to December 31, 2010.

As of January this year, 35 regional offices of PhilPost have signed agreements with GSIS reinstating the loan privileges of more than 12,000 Philpost employees. What did I tell you? Lots of good news from Vergara!

Also, to date, a total of 106 agencies and LGUs have signed agreements with GSIS which have updated the records and restored the loan privileges of more than 804,000 affected employees (excludes MOA with DepEd- National).

The GSIS also worked out the Statement of Loan Accounts (SOLA) Project, under which the agency provides statements of account to retiring members aged 59 years old and above to determine their outstanding loan balances to date. This project, which was piloted in the Department of Health and the Department of Social Welfare and Development at the NCR, ensures that members' loan records are already updated before they retire to ensure the prompt release of their benefits.

How efficient and super service to its members!

For our hard-working government prosecutors who became special members of the GSIS last May, 2010,they received a refund of their excess premium payments when Republic Act 10071 became a law providing for a new retirement scheme for prosecutors.

Since the amount of premium remitted to the GSIS was for regular members ƙ% personal share and 12% government share monthly) instead of 4% personal share only in compliance with RA 10071, GSIS will refund to the concerned prosecutors the excess amount paid. Since December last year, they refunded the amount of Php34.1 million to 1,239 prosecutors.

Vergara also transferred the jewels of GSIS's art collection, which included works by Amorsolo, Manansala, Botong Francisco, H. R. Ocampo, BenCab, Federico Alcuaz, Ang Kiukok, and of course, the controversial Juan Luna painting bought by the last GSIS president to the tune of Php50 million to the National Museum in October. The paintings are on loan for 10 years and can be better appreciated by the public in three new rooms of the museum. Bernie likes art works but no, he does not collect them. This brilliant investment banker would rather invest in more stable commercial bonds, etc.

Next month, the GSIS is set to offer some 15,000 Prudential Life Plan, Inc. plan holders an absolute exit from their plan's contract under the enhanced optional exit mechanism (EOEM). By choosing the exit mechanism, plan holders reduce the risk of losing their hardearned money should the memorial service provider fail to meet its obligations, given the financial difficulty being faced by the pre-need industry.

More good news - it paid out Php930 million in dividends to 1.4 million members, 14% higher than 2011, after posting surplus earnings from the Social Insurance Fund. The GSIS also distributed beginning this February, Php75 million in dividends, to nearly 86,000 optional life insurance policyholders.

Bernie�s goal is to bring services closer to stakeholders through more GSIS kiosks in accessible areas, clean up of members� list and records. He also is pushing for charter amendments to include Members� Bill of Right, the designation of beneficiary by single members before age 50, removal of remarriage and cohabitation as basis for cancellation of survivorship benefits, no prescription period of claims, increase in Funeral Benefits from Php20K to Php30K and the option of the member to claim his/her separation benefit even before reaching the age of 60.

Real estate properties of the GSIS have been thoroughly inventoried and evaluated and there are concrete plans to make them either productive or sold for very good financial returns!

Bernie also revealed that almost all of the GSIS' investments are now in the local equity market and yields good returns, thanks to high investor confidence inspired by the good governance of P-Noy and his economic team.

If Bernie seems to understand fully well the heartaches and doubts encountered by past GSIS pensioners, it is because his mother Frances was a government worker. She was with the PNB when it was owned by the government and retired early as she feared, like many other GSIS members at that time that the actuarial life of their pension fund was rapidly drying up. Now, GSIS members can be confident that their pension fund is alive and strong!

Bernie and the GSIS management are working with lawmakers to make some important amendments and changes in their charter, for more good news coming from the agency.


Use your GSIS UMID card for Western Union remittances

You can now receive remittances sent through Western Union using your GSIS unified multipurpose identification ( UMID ) card.

This remittance feature of your UMID card is a new initiative from the partnership of the GSIS and Union Bank of the Philippines.

Simply follow these easy steps:

1. Call the UnionBank Customer Service Hotline at 841 - 8600. Then, press 7.

2. Give your Western Union Money Transfer Control Number ( MTCN ) and GSIS UMID card details.

3. Withdraw your money from any UBP, Megalink, Bancnet, and Expresset ATMs 24 / 7, free of charge.

The money transfer to the GSIS UMID Card from Western Union is free and takes only a few minutes to be credited to your account.

Once the amount is already credited, you will be notified through a phone call and SMS / text.

You can use the service from 6 a.m. to 10 p.m.


GSIS opens 200 college scholarship grants for AY 2013 - 2014

GSIS President and General Manager Robert Vergara today announced that the pension fund is accepting applications under the pension fund's College Scholarship Program (GSP) in which 200 slots are available for Academic Year 2013 - 2014.

The program provides an opportunity for state workers to send their children to colleges and universities that provide quality education.

"We introduced amendments on the program to make it more equitable and responsive particularly to our low-income members," Vergara said.

Previously, the mode of choosing scholars was done through an electronic raffle. Under the new guidelines, the nominee of a parent-member who has the lowest annual basic salary will be given priority in the scholarship grant.

Further, the nominee must be a child of the member and an incoming freshman accepted in schools accredited by the Commission on Higher Education. The list of schools is found in www.gsis.gov.ph.

The scholar of the program will be entitled to the actual cost of tuition and miscellaneous fees not exceeding Php20,000 and a monthly stipend of Php2,000.

The distribution of the 200 scholarship slots per region will be proportionate to the number of GSIS members in each region.

In Luzon, GSIS will select 41 scholars from NCR; five ( 5 ) from CAR; 10 from Region 1; eight ( 8 ) from Region 2; 17 from Region 3; 19 from Region 4 - A ; six ( 6 ) from Region 4 - B ; and 11 from Region 5.

In Visayas, 16 from Region 6; 12 from Region 7; and 10 from Region 8.

In Mindanao, seven ( 7 ) each from ARMM and Region 9; 10 from Region 10; eight ( 8 ) from Region 11; seven ( 7 ) from Region 12; and six ( 6) from Region 13.

To date, the pension fund has awarded a total of 1,692 scholarship grants since the inception of the program in 1998. From this number, 585 active scholars are currently enrolled in various colleges and universities nationwide as of March this year.

Members may obtain a GSP application form from any GSIS branch office or download it from www.gsis.gov.ph.

Duly accomplished application forms must be submitted to the nearest GSIS office, along with a member's certificate of employment and a certification from the school that the scholar-designee is accepted as an incoming college freshman in SY 2013 - 2014. The deadline for submission of application is 30 April 2013.

Questions about GSP may be directed to the GSIS Human Resource Administration Department at 479 - 3600 local 3414 or 976 - 4970.


GSIS to pay members P930 - M in dividends, up by 14 %

The Government Service Insurance System (GSIS) has announced that it will pay out P930 million in dividends to its members this year, 14 % higher than in 2011, after posting surplus earnings from its Social Insurance Funds.

The pay-out includes all active Compulsory Life Insurance policyholders whose insurance coverage has been in force for at least a year as of December 31, 2011.

Upon their entry in government service, employees are automatically covered by a life insurance. Those employed prior to August 1, 2003 are covered by the Life Endowment Policy or LEP while those who entered after July 31, 2003 are insured under the Enhanced Life Policy or ELP.

Active members whose LEP matured after December 31 2011, and were issued ELP will still receive cash dividends based on their LEP.

LEP policyholders who converted to ELP after December 31, 2011 will also be entitled to cash dividends based on their LEP.

GSIS members can expect the amount to be automatically credited to their GSIS eCards on or before December 25, 2012.

Excluded from the cash pay-out are members whose policies lapsed, matured, or were terminated in 2011 ; who have defaulted in their salary and consolidated loans for at least 12 months or have unpaid premiums for at least 12 months as of December 31, 2011 ; and whose agencies were suspended as of December 31, 2011.


GSIS grants emergency loan to members hit by 'Pablo' in Visayas and Mindanao

The Government Service Insurance System (GSIS) today announced the grant of emergency loan for more than 345,000 GSIS members in Visayas and Mindanao who were adversely affected by typhoon Pablo.

Emergency loan will be made available to GSIS members living or working in the following areas in Mindanao and Visayas: Misamis Oriental, Bukidnon, Lanao del Sur, Lanao del Norte, Misamis Occidental, Zamboanga del Norte, Camiguin, Surigao del Norte, Siargao, Surigao del Sur, Dinagat Province, Agusan del Norte, Agusan del Sur, Davao del Norte, Samal Island, Compostela Valley, Davao Oriental, North Cotabato, Zamboanga del Sur, Zamboanga Sibugay, Maguindanao, Bohol, Siquijor, Southern Cebu, Southern Negros Oriental, Southern Negros Occidental, Southern Leyte, Antique, Iloilo, Camotes Island.

Under the GSIS emergency loan program, each eligible member may borrow Php20,000, payable in three years in equal monthly instalment. The initial payment for the loan will start three months after the loan drawdown.

Eligible members who may file for emergency loan include bona fide employees of the agency located in the declared calamity area or are resident of the declared calamity area; in active service and not on leave of absence without pay; have no pending criminal or administrative charges; have no arrears in the payment of mandatory social insurance contributions; and have no loan that has been declared in default.

Members may apply for the loan from December 7, 2012 to January 5, 2013, through the GWAPS kiosk using either the eCard or UMID eCard. Those with temporary eCards may apply over-the-counter in any GSIS office.

Meanwhile, members who have existing emergency loans may be allowed to renew their emergency loan after payment of 12 monthly repayments but not later than the anniversary date of the previous loan.

In August, the GSIS gave a supplemental budget of Php10 billion for the Loan Program.

For any inquiry about the program, members may call the hotline number at 847.4747.


ANNOUNCEMENT IN THE AAO WEBSITE

We would like to inform you that effective 1 January 2013, the GSIS will terminate the implementation of the Hospital Insurance Plan (HIP) and the Family Hospitalization Plus Plan (FHPP), following its findings that the Philippine Health Insurance Corporation (PhilHealth) offers better benefits compared to those being offered by the GSIS under both plans.

In this regard, the GSIS will cease the renewal of existing policies after the termination date of 31 December 2012 and will no longer bill and accept premium payments due on the HIP and FHPP.

However, for policies that will remain in force until the end of this year, the GSIS will accept and process claims as long as they are filed within sixty ( 60 ) calendar days from the last day of confinement.

For any clarification, please visit the frontline services unit in any GSIS office or contact our Call Center through telephone numbers:

Thank you for your cooperation.

Sincerely yours,

Your Government Service Insurance System


GWAPS kiosks in Robinsons malls

GSIS members and pensioners may now access their records or apply for loans in GWAPS kiosks in Lingkod Pinoy Centers in selected Robinsons malls. The Lingkod Pinoy Center is a one-stop shop for key government services.

GSIS kiosks are now in key Robinsons malls: Galleria, Metro East (Pasig City), Novaliches Market, Robinsons Place Angeles (Pampanga), Luisita (Tarlac), Sta. Rosa Market (Laguna), Robinsons Place Dasmarinas (Cavite), Bacolod, Cebu and Robinson Place Lipa (Batangas).


ADVISORY ON THE GRANT OF EMERGENCY LOAN TO MEMBERS RESIDING IN QUEZON CITY

On 30 August 2012, the Quezon City Government forwarded a copy of the City Ordinance issued by the City Council "authorizing civilian government employee - residents of Quezon City affected during the torrential Southwest Monsoon rains last August 6 - 10, 2012, to apply for calamity loan with GSIS, subject to certain requirements and for other purposes".

In view of the said Ordinance and in accordance with existing GSIS policies in the grant of emergency loans, members residing in Quezon City shall be qualified to avail of the emergency loan, subject to the following conditions:

Our operating units have been informed of this development and we enjoin the AAOs to abide by this advisory.

Thank you.

GSIS Management


To All AAOs and Disbursing Officers:

Please be reminded that the following requirements should be included in your monthly remittance:

To avoid any inconvenience, your prompt remittance and submission of the required supporting documents are enjoined.

Thank you for your cooperation.

Your Government Service Insurance System


Temporary service disruption on June 9 - 12

The GSIS is undertaking system upgrades to further improve its services.

In line with the upgrade activities, temporary disruption in the operations of a few GSIS facilities will be experienced by members and pensioners. The following facilities will not be available from 8 : 00 AM of June 9, 2012 to 6 : 00 PM of June 12, 2012.

Normal operations of the above facilities will resume on June 13, 2012.

We appreciate your understanding during the temporary service disruption.

Thank you.


GSIS opens 200 college scholarship grants for SY 2012 - 2013

GSIS President and General Manager Robert G. Vergara today announced that beginning tomorrow, May 15, low-income government workers may start nominating their children to the enhanced College Scholarship Program of the Government Service Insurance System (GSP) where 200 slots are available for School Year 2012 - 2013.

"As part of celebrating our 75th anniversary this year, the current Board of Trustees revised the scholarship program to ensure that our low-income members will be given the opportunity to send their children to colleges and universities that provide quality education."

Unlike in the past scholarship programs, the selection of scholars will no longer be done through an electronic raffle. The GSIS will instead accept scholarship nominees from members with a salary grade of 24 or below, or its equivalent. The nominee of parents with the lowest salary grades will be given priority in the scholarship grant. Further, the nominee must be a child of the member and an incoming freshman accepted in the schools identified by the pension fund.

The scholar of the program will be entitled to the actual cost of tuition and miscellaneous fees not exceeding Php20,000 and a monthly stipend of Php2,000. The scholar may also opt to take a four- or five-year course but must meet the scholastic requirements set by the school for student retention under the program.

The distribution of the 200 scholarship slots per region will be proportionate to the number of GSIS members in each region. Thus, GSIS will select 60 scholars from NCR; three ( 3 ) from CAR; nine ( 9 ) from Region 1; nine ( 9 ) from Region 2; 16 from Region 3; 10 from Region 4-A; one ( 1 ) from Region 4-B; 11 from Region 5; 14 from Region 6; 10 from Region 7; 11 from Region 8; 12 from Region 9; 11 from Region 10; nine ( 9 ) from Region 11; 10 from Region 12; and four ( 4 ) from Region 13.

The pension fund has already awarded a total of 1,371 scholarship grants since the inception of the program in 1998. From this total, 404 active scholars are currently enrolled in various colleges and universities nationwide as of April this year.

Aside from the scholarship program, the GSIS is granting its members, a Php4,000 educational assistance, which is payable in five years at six percent interest rate.

For a complete list of GSIS-accredited educational institutions under the GSIS College Scholarship Program and other details, members may call 479.3645 and 976.4970 or visit the nearest GSIS office and website - www.gsis.gov.ph.

COMPLETE LIST OF GSIS-ACCREDITED EDUCATIONAL INSTITUTIONS UNDER THE GSIS COLLEGE SCHOLARSHIP PROGRAM

Nominees to the program should be freshmen who have been accepted to the following schools:

Adamson University;

Adventist University of the Philippines;

Angeles University Foundation;

Assumption College;

Ateneo de Davao University;

Ateneo de Manila University;

Ateneo de Naga University;

Ateneo de Zamboaga University;

Baliuag University;

Bataan Peninsula State University;

Batangas State University;

Benguet State College;

Bicol University;

Bukidnon State University;

Bulacan State University;

Cagayan State University;

Camarines Sur State Agricultural College;

Capiz State University;

Catanduanes State College;

Cavite State University;

Cebu Doctors' University;

Cebu Institute of Technology;

Cebu Normal University;

Cebu State College of Science and Technology;

Central Luzon State University;

Central Mindanao University;

Central Philippines University;

Centro Escolar University;

Centrol Escolar University-Malolos;

Colegio de Dagupan;

Davao Oriental State College of Science and Technology;

De La Salle University;

De La Salle University-Dasmariñas;

Don Mariano Marcos Memorial State University;

Eastern Samar State University;

Eastern Visayas State University;

Far Eastern University;

Filamer Christian College;

Holy Angel University;

Holy Name University;

Ifugao State College of Agriculture and Forestry;

Isabela State University;

Jose Rizal University;

Kalinga Apayao State College;

Leyte Normal University;

Leyte State University;

Liceo de Cagayan University;

Lyceum Northwestern University;

Lyceum of the Philippines University-Batangas;

Lyceum of the Philippines University-Manila;

Manuel S. Enverga University Foundation;

Mapua Institute of Technology;

Mariano Marcos State University;

Mindanao Polytechnic State College;

Mindanao State University;

Miriam College Foundation;

Mt.Province State Polytechnic College;

Naval Institute of Technology;

Negros Oriental State University;

Notre Dame of Dadiangas University;

Notre Dame of Marbel University;

Notre Dame University;

Nueva Ecija University of Science and Technology;

Nueva Viscaya State University;

Our Lady of Fatima University;

Palawan State University;

Palompon Institute of Technology;

Pampanga Agricultural College;

Pangasinan State University;

Partido State University;

Philippine Normal University;

Polytechnic State College of Antique;

Polytechnic University of the Philippines;

Ramon Magsaysay Technological University;

Rizal Technological University;

Saint Louis University;

Samar State University;

Silliman University;

St. Joseph's College of QC;

St. Mary's University;

St. Michael's College of Laguna;

St. Paul University of the Philippines;

St. Paul University-Dumaguete;

St. Paul University-Manila;

Sultan Kudarat Polytechnic State College;

T. Tancinco Memorial Institute of Science and Technology;

Tarlac College of Agriculture;

Tarlac State University;

Technological Inst of the Philippines-QC;

Technological Institute of the Philippines-Manila;

Technological University of the Philippines;

The Philippine Women's University;

Trinity University of Asia;

University of Baguio;

University of Batangas;

University of Cordilleras;

University of Eastern Philippines;

University of Luzon;

University of Mindanao;

University of Negros Occidental-Recoletos;

University of Northern Philippines;

University of Perpetual Help System;

University of Regina Carmeli;

University of Rizal System;

University of San Carlos;

University of San Jose-Recoletos;

University of South Eastern Philippines;

University of Southern Mindanao;

University of St. La Salle;

University of St. Louis;

University of Sto. Tomas;

University of the East;

University of the Philippines;

University of the Visayas;

Wesleyan University of the Philippines;

West Mindanao State University;

Western Philippines University;

Western Visayas College of Science and Technology;

Western Visayas State University; and

Xavier University

Thank you.


MEMORANDUM CIRCULAR

Please be reminded that agency remittance for the March 2012 due month is due on or before the 10th of April 2012.

In view of the forthcoming Lenten break from April 5 to 9, 2012, there will only be four ( 4 ) working days to remit your premium and loan repayments in order to avoid penalty and surcharges on delays.

May we enjoin all agency remitting officers to start remitting early so as to avoid the inconvenience of long lines at our cashiering counters.

Thank you.


ADVISORY to all GSIS Members and Pensioners:

The GSIS is undertaking system upgrades to further improve our services.

In line with the upgrade activities, temporary disruption in the operations of a few facilities will be experienced by members and pensioners. The following facilities will not be available from 7PM to 10PM on March 22, 2012 and from 7AM on March 24, 2012 to midnight of March 25, 2012:

Normal operations of the above facilities will resume on March 26, 2012.

We appreciate your understanding during the temporary service disruption.

Thank you.


ADVISORY TO ALL AAOs:

Please be advised that the AAO Certification Module (http://cert@gsis.gov.ph) will not be accessible on March 1, 2012 from 7:00pm to 8:00pm due to system maintenance.

Please be guided accordingly. Thank you.


ADVISORY TO ALL AAOs:

The Government Service Insurance System (GSIS) has approved the grant of Emergency Loan to GSIS members who have been affected by Storm Sendong and who are working and/or residing in the following areas:

Loanable amount is P20,000.00, payable in 3 years with interest at 6% per annum. Availment period is from 21 December 2011 to 20 January 2012.

For members with eCard Plus or UMID eCard, the proceeds of their loan shall be credited to their eCard account.

Members who do not have an eCard Plus or UMID eCard but who are eligible to apply for the loan can apply over-the-counter ( OTC ) at any GSIS office. The proceeds of their loan shall be credited to a temporary eCard which the GSIS has begun to issue.

Member-borrowers with outstanding emergency loans shall be allowed to renew their loan if they have paid at least 12 monthly installments, but not earlier than the anniversary date of the previous loan.

Any outstanding balance of previous Emergency Loans and a loan redemption insurance (LRI) of 1.2 % of the gross loan amount shall be deducted from the proceeds of the loan.

The following GSIS members are eligible to apply for the loan:

The employer-agency of the member-applicant must not also be suspended because of non-payment and non-remittance of premiums and loans.

In approving the loan applications, AAOs should be reminded that members must have at least P3,000 net take home pay as required by the General Appropriations Act.

For more details or queries, please contact the GSIS hotline ( 02 ) 4793649 or your respective Regional or Branch Office.


ADVISORY TO ALL AAOs:

The Management of the Government Service Insurance System (GSIS) has approved the release of an Emergency Loan to eligible members working and/or residing in the Mt. Province after the said area was severely affected by recent flashfloods.

Eligible members can avail of the P20,000 loan from 12 December 2011 to 10 January 2012 only.

Members who do not have an eCard or UMID eCard but who are eligible to apply for the loan can apply via over-the-counter (OTC) at any GSIS office.

Proceeds of emergency loan applications filed via OTC will be credited to a temporary eCard which the GSIS has begun to issue for members without the eCard Plus or the UMID eCard.

Member borrowers with outstanding emergency loans shall be allowed to renew the loan if the borrower has paid at least 12 monthly installments but not earlier than the anniversary date of the previous loan.

An Emergency Loan Redemption Insurance (ELRI) of 1.2 percent of the gross loan amount shall be deducted from the proceeds of the loan. Any outstanding balance of previous Emergency Loans shall also be deducted from the proceeds.

Members who can avail of the loan include those who are bona fide employees of the agency located in the declared calamity area or are residents of the declared calamity area; are in active service and not on leave of absence without pay; have no pending criminal or administrative charges; have no arrearages in the payment of mandatory social insurance contributions; and have no loan that has been declared in default.

The agency of the member-applicant must not also be suspended because of non-payment and non-remittance of premiums and loans.

In approving the loan applications, AAOs should be reminded that members have at least P3,000 in net take home pay as required in the General Appropriations Act.

For more details or queries, please contact the GSIS hotline ( 02 ) 4793649 or your respective Regional or Branch Office:

Baguio Field Office : ( 074 ) 446 - 8060


ADVISORY TO ALL AAOs:

The Management of the Government Service Insurance System (GSIS) has approved the release of an Emergency Loan to eligible members working and/or residing in the Province of Apayao, City of Manila, Municipality of Rodriguez in Rizal, and Municipalities of Botolan, Candelaria, and San Narciso in Zambales.

This is in light of typhoon “Pedring” and “Quiel” which brought flash floods and landslides in the said areas.

Eligible members can avail of the P20,000 loan from 15 November 2011 to 14 December 2011 only.

Members who do not have an eCard or UMID eCard but who are eligible to apply for the loan can apply via over-the-counter (OTC) at any GSIS office.

Proceeds of emergency loan applications filed via OTC will be credited to a temporary eCard which the GSIS has begun to issue for members without the eCard Plus or the UMID eCard.

Member borrowers with outstanding emergency loans shall be allowed to renew the loan if the borrower has paid at least 12 monthly installments but not earlier than the anniversary date of the previous loan.

An Emergency Loan Redemption Insurance (ELRI) of 1.2 percent of the gross loan amount shall be deducted from the proceeds of the loan. Any outstanding balance of previous Emergency Loans shall also be deducted from the proceeds.

Members who can avail of the loan include those who are bona fide employees of the agency located in the declared calamity area or are residents of the declared calamity area; are in active service and not on leave of absence without pay; have no pending criminal or administrative charges; have no arrearages in the payment of mandatory social insurance contributions; and have no loan that has been declared in default.

The agency of the member-applicant must not also be suspended because of non-payment and non-remittance of premiums and loans.

In approving the loan applications, AAOs should be reminded that members have at least P3,000 in net take home pay as required in the General Appropriations Act.

For more details or queries, please contact the GSIS hotline ( 02 ) 4793649 or your respective Regional or Branch Office:

Tugegarao Regional Office: ( 078 ) 304 - 9356

Pampanga Regional Office: ( 045 ) 455 - 1261


ADVISORY TO ALL AAOs:

The Management of the Government Service Insurance System (GSIS) has approved the release of an Emergency Loan to eligible members working and/or residing in the following areas: province of Ilocos Norte; province of Benguet; municipality of Calasiao, Pangasinan; Quirino Province; municipality of Casiguran, Aurora; municipality of San Felipe, Zambales; and municipality of Amadeo, Cavite.

Also included are the province of Isabela; province of Aurora; province of Nueva Ecija; province of Bulacan; province of Benguet; province of Pampanga; city of Olongapo, Zambales; city of Tuguegarao, Cagayan; city of Tarlac, Tarlac; city of Malabon; City of Navotas; city of Marikina; municipality of Noveleta, Cavite; municipality of Dinalupihan, Bataan; and municipality of Amulung, Cagayan.

Likewise, three areas covered by the Davao Regional Office are included, namely: municipality of Matanao, Davao del Sur; municipality of Pigcawayan, North Cotobato; and City of Panabo, Davao del Norte.

This is in light of the recent adverse effects of typhoons “Egay,” “Juaning,” “Falcon,” “Mina,” “Pedring,” and “Quiel,” which brought flash floods and landslides in the said areas.

Eligible members can avail of the Emergency Loan from October 5 to November 3, 2011 only.

Members can use their eCard Plus on the nearest G–W@PS kiosk or UMID eCard on the nearest UMID–enabled G–W@PS kiosk to apply for the Emergency Loan.

Members who have enrolled for the UMID eCard but have not yet received their UMID eCard and instead received a Temporary eCard may apply for the Emergency Loan over the counter in the nearest GSIS Office. The proceeds of the loan will be credited to their Temporary eCard.

Members with outstanding emergency loans shall be allowed to renew the loan if the borrower has paid at least 12 monthly installments but not earlier than the anniversary date of the previous loan.

Each eligible member can borrow P20,000 at six percent interest rate payable in equal monthly installments for a term of three years.

An Emergency Loan Redemption Insurance (ELRI) of 1.2 percent of the gross loan amount shall be deducted from the proceeds of the loan. Any outstanding balance of previous Emergency Loan shall be deducted from the proceeds of the new loan.

In addition, the GSIS will not charge any service fee other than the fee being charged by the servicing bank for the processing of the loan.

Among those who can avail of the Emergency Loan include active members working or residing in areas declared in a state of calamity; not on leave of absence without pay; have no pending criminal or administrative charges; have no arrearages in the payment of mandatory social insurance contributions; and have no loan that has been declared in default. The agency of the member–applicant must also not be suspended because of non–payment and non–remittance of premiums and loans.

For more details or queries, please contact any GSIS office or the GSIS hotline ( 02 ) 4793645.


ADVISORY TO ALL AAOs:

The Management of the Government Service Insurance System (GSIS) has approved the release of an Emergency Loan to eligible members working and/or residing in the province of Bulacan; Bacoor, Cavite; and Agno, Pangasinan.

This is in light of typhoon "Falcon" which brought flash floods and landslides in the said areas.

Eligible members can avail of the P20,000 loan from 25 August 2011 to 24 September 2011 only.

Members who do not have an eCard or UMID eCard but who are eligible to apply for the loan can apply via over-the-counter (OTC) at any GSIS office.

Proceeds of emergency loan applications filed via OTC will be credited to a temporary eCard which the GSIS has begun to issue for members without the eCard Plus or the UMID eCard.

Member borrowers with outstanding emergency loans shall be allowed to renew the loan if the borrower has paid at least 12 monthly installments but not earlier than the anniversary date of the previous loan.

An Emergency Loan Redemption Insurance (ELRI) of 1.2 percent of the gross loan amount shall be deducted from the proceeds of the loan. Any outstanding balance of previous Emergency Loans shall also be deducted from the proceeds.

Instead of a 1 percent Service Fee, the GSIS will only charge P50 to cover the eCrediting service fee imposed by UnionBank.

Members who can avail of the loan include those who are bona fide employees of the agency located in the declared calamity area or is a resident of the declared calamity area; are in active service and not on leave of absence without pay; have no pending criminal or administrative charges; have no arrearages in the payment of mandatory social insurance contributions; and have no loan that has been declared in default.

The agency of the member-applicant must not also be suspended because of non-payment and non-remittance of premiums and loans.

In approving the loan applications, AAOs should be reminded that members should have at least P3,000 in net take home pay as required by the government.

For more details or queries, please contact any GSIS office or the GSIS hotline ( 02 ) 4793645.


ADVISORY:

The Government Service Insurance System (GSIS) is expanding its partnership with the Land Bank of the Philippines to give not only our pensioners, but also our 1.4 million members the option to avail of LANDBANK's banking services.

Members who will choose to avail themselves of LANDBANK's services will be issued a UMID eCard where loan proceeds and other benefits such as cash dividends will be credited.

Having a LANDBANK UMID eCard entitles the member to the following benefits:

Members who wish to transfer their account to LANDBANK, may register through any of the following means:

Please be reminded that members only have until 30 November 2011 to inform the GSIS of their intent to transfer, afterwhich the GSIS will submit all applications to LANDBANK for the printing of the LANDBANK-issued UMID eCard.

Thank you.


ADVISORY:

The release of the UMID eCard is experiencing a delay due to a much needed technology upgrade on the part of one of our partner-agencies.

Pending issuance of the UMID card, we will give active members who do not have the eCard Plus but who have enrolled for the UMID-compliant eCard a temporary eCard through Union Bank for FREE.

Should the members wish to avail of a loan, they may file their application over-the-counter in any of our GSIS offices/branches. Once approved, the proceeds of their loan will be credited to the said temporary eCard.

With this temporary eCard, the members will be entitled to the discounts extended to GSIS eCardholders for selected Pfizer medicines and tertiary education with STI schools nationwide. It has a debit facility through the Megalink network. Once registered in the GSIS website, you can also use your temporary eCard to monitor status of your loan and request for Statement of Member's Account (SOMA).

Compared to the usual UMID card, the temporary eCard:

Once the temporary eCard is ready, members will be advised to claim the card at the designated GSIS office/branch.

Thank you.


ADVISORY:

The Board of Trustees of the Government Service Insurance System, thru the recommendation of the GSIS management, has approved the release of P3-billion in emergency loan to eligible members working and/or residing in Davao City; Pikit, North Cotabato; Cotabato City; Province of Maguindanao; province of Pampanga; Pulilan, Malolos, Calumpit, Meycauayan, Obando, and Hagonoy in Bulacan.

This is in light of the recent flash floods which recently devastated the said areas.

Eligible members can avail of the P20,000 loan until 15 August 2011 only.

Member borrowers with outstanding emergency loans shall be allowed to renew the loan if the borrower has paid at least 12 monthly installments but not earlier than the anniversary date of the previous loan.

For more details or queries, please contact any GSIS office or the GSIS hotline ( 02 ) 4793645.


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