INQUIRER.net: GSIS, SSS release P9B in emergency loans

INQUIRER.net Philippine News for Filipinos

GSIS, SSS release P9B in emergency loans Jan 3rd 2013, 20:05 Difficulties arising from natural calamities that hit the country last year prompted some 524,000 members of the Government Service Insurance System (GSIS) and Social Security System (SSS) to take out a total of P9 billion in emergency loans.   According to the GSIS, 390,000 of its members availed themselves of almost P7 billion, with each taking home P20,000.   At the same time, the SSS said it had disbursed at least P2.3 billion through a loan and pension relief package to about 134,000 members. These members live or work in areas declared in a state of calamity due to destructive typhoons.   The two state-run pension funds have taken steps to ease ... Keep on reading: GSIS, SSS release P9B in emergency loans Media files: Typhoon-pablo-1.jpg (image/jpeg)

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