GSIS condonation, restructuring of housing loans extended to ’25

STATE pension fund Government Service Insurance System (GSIS) has extended its condonation and restructuring program for its housing accounts until December 2025.

Layunin naming ma-update ang housing accounts ng aming borrowers para maging maginhawa ang kanilang pagbabayad, at maging homeowners din sila,” GSIS President and General Manager Jose Arnulfo A. Veloso was quoted in a statement as saying. “Maaring palawigin hanggang sampung taon pa ang pagbabayad, basta hindi aabot sa 70 years old ang buyer o borrower.”

GSIS said. These will meet member housing needs in these specific areas.

LWOB charge was an easy decision to make given the enormous and consistent contributions of our OFWs to the country’s economic growth and the sustenance of their families,” Ople said.

THE first set of high-rise condos will be built on GSIS properties in Fairview, Quezon City, beginning this year. These two-bedroom units will be available for purchase through installments over 30 years, with no required down payment.

The DMW chief said she already signed an order for the implementation of the OFW pass with the launching of the DMW Mobile App.

She said they are now just waiting for the Department of Information and Communications Technology (DICT) for the roll out of the DMW mobile app in the Google Play and Apple Store platforms.

“Our hope is it will be launched before the SONA [State of the Nation Address],” Ople said. “Once the OFW Pass is launched, we will also make the OEC free.”