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March loan deduction will be refunded, GSIS

March loan deduction will be refunded, GSIS


March loan deduction will be refunded, GSIS – The Government Service Insurance System (GSIS) has already started the refund for March 2020 loan deductions due to the moratorium to its members. As of this posting, several Schools Division Offices already processed the release of the said refund.

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Also read: GSIS Advisory on the COVID-19 loan

GSIS earlier announced that the deduction in their salary made in March amid the coronavirus disease 2019 (COVID-19) situation will be returned to them soon.

“Refund for March 2020 loan amortization due to the moratorium will be done on a massive scale by our Central Office, thus there is no need to file for this,” said source.

“It will be credited to individual members account. However, as of this writing, the processing is still ongoing and E-crediting of refunds is scheduled starting next week by batch.” We appeal for our members to extend their patience on this matter,” it added.

Watch: DepEd Secretary Briones Statement Presentation to PRRD



“I’m sure maraming nagtatanong, ‘yung payroll ng March medyo na-deduct-an na po. Ginagawan po namin ng paraan. Kaunting pasensya lang, ibabalik namin sa inyo,” said Macasaet in an interview.

March loan deduction will be refunded, GSIS



Read more: DepEd News

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