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GSIS extends condonation prog for inactive members

State pension fund Government Service Insurance System (GSIS) is extending the condonation program for its former members until June 30.

Dubbed Program for Restructuring and Repayment of Debts (PRRD), it is a one-time condonation and restructuring program under GSIS’s Ginhawa for All program. It was launched to help members who are already out of the service to settle their outstanding loan obligations in full or in part.

“Pinalawig natin hanggang Hunyo 2022 ang PRRD para makapagbigay ng ginhawa sa mas marami pang inactive members na gustong mag-apply ng condonation o ipagpatuloy ang kanilang pagbabayad ng kanilang loans sa ilalim ng programang ito. Dito ay tatanggalin namin ang penalties sa kanilang mga naiwang loan noong sila ay umalis sa serbisyo,” GSIS President and General Manager Rolando Ledesma Macasaet said.

PRRD covers various service loans, which include salary loans; cash advance; consolidated loans; emergency loans; educational assistance loans; policy loans, among others.

“We encourage our inactive GSIS members to apply for PRRD, which gives them the option to pay their loan balances on a three-year instalment basis at 10% interest per annum only,” Macasaet added.

PRRD availees may settle their loans by paying directly in GSIS offices or through BAYAD centers. If the borrower is a retiree who will receive the pension at age 60 or after five years, the payment may be deducted from his or her pension. If the loan will be settled by the legal spouse, he or she may have it deducted from his or her GSIS survivorship pension or pay through the almost 3,000 Bayad partner outlets nationwide.

“We are intensifying our efforts to recover and collect outstanding loan accounts through the program. Bahagi ito ng patuloy na pangangalaga namin sa pondo ng GSIS para masigurong hindi maaantala ang pagtanggap ng miyembro sa kanilang benepisyo ” Macasaet said.

For inquiries, interested parties may visit the GSIS website ( or Facebook account (, email, or call the GSIS Contact Center at 8847-4747, 1-800-8-847-4747 (for Globe and TM subscribers), or 1-800-10-847-4747 (for Smart, Sun and Talk ‘n Text subscribers).


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