GSIS Interest, Penalty, Endowment, Carer's Allowance

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GSIS NO. 17: GSIS Interest, Penalty, Endowment, Carer's Allowance

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Title Supreme Court: GSIS Interest, Penalty, Endowment, Carer's Allowance

Law: Gsis No. 17

Decision Date: Feb 16, 2005

GSIS Resolution No. 17 establishes a 10% annual interest and 0.5% monthly penalty on outstanding loan balances post-maturity, outlines the computation of endowment policy maturity values, and confirms the cessation of Carer's Allowance for new PTD benefit qualifiers while maintaining payments for existing recipients.

interest rates

penalty rates

endowment policies

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