Enhanced GSIS Salary Loan Plus Program

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GSIS No. 60: Enhanced GSIS Salary Loan Plus Program

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Title Source: Supreme Court: Enhanced GSIS Salary Loan Plus Program

Law: Gsis No. 60

Decision Date: Apr 30, 2015

The Enhanced GSIS Consolidated Salary Loan Plus Program extends the maximum loan term to ten years, increases the loanable amount for members with at least fifteen years of premium payments, and synchronizes the first monthly amortization due date with the loan granting date, while consolidating various existing loans and waiving outstanding penalties.

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