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.
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.
More from Teach Pinas:
● Clarification on the Facilitation of LESF and Encoding to LIS
● Implementation of Mandatory Grace Period for Loan Payments During the Community Quarantine Period
● Revised Guidelines on Alternative Work Arrangements
“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.
“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
TEACH PINAS is not affiliated, associated, endorsed by, or in any way officially connected to any government organization. All the information on this website is published in good faith and for general information purpose only. We, the admins/staff, do not claim any ownership to some contents posted here. If you own rights to those and do not wish them to appear on this site, please contact us via e-mail: [email protected] and we will take necessary actions ASAP. TEACH PINAS does not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information you find on this website (www.teachpinas.com), is strictly at your own risk. TEACH PINAS will not be liable for any losses and/or damages in connection with the use of our website. Read more...