GSIS distributes life insurance’s dividends 0 SHARES Share it! Share TweetChino LeycoState-run Government Service Insurance System (GSIS) has begun the distribution of the cash benefit given to qualified compulsory policy holders of the pension fund’s life insurance program. “We will automatically credit the cash benefit of our members to their eCard or Unified Multipurpose Identification (UMID) card,” Macasaet said. Entitled to the 2018 cash benefit are GSIS members whose compulsory life insurance policies have been in force for at least one year as of December 31, 2018. GFAL is a program that enables GSIS members to consolidate and transfer to GSIS their outstanding loan balance from lending institutions that charge high interests.

Source: Manila Bulletin December 27, 2019 04:52 UTC