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State pension fund Government Service Insurance System said it allocated nearly P2.5 billion in emergency loan to help members and pensioners affected by the pertussis outbreak in Cavite and by the El Niño phenomenon in Occidental Mindoro.
GSIS said that to qualify for the loan, active members should be residing or working in the calamity areas. They should not be on leave of absence without pay, have no pending legal cases,and have paid at least six monthly premium contributions prior to application.
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GSIS releases P8b worth of pension on April 6 ahead of schedule, holidaysDefining the News
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