GSIS releases April pension early amid ECQ

The Government Service Insurance System (GSIS) released the April pension early on April 2, ahead of Holy Week, to aid pensioners during the enhanced community quarantine.

GSIS president and general manager Rolando Macasaet announced that all pensions were deposited by 9 pm on April 1, allowing pensioners to receive their funds on April 2.

This early release deviates from the usual pension schedule of the 8th of each month.

The advance release is intended to provide pensioners with necessary funds during the Luzon-wide quarantine period caused by the Covid-19 crisis.

GSIS has allocated PHP5.7 billion for the monthly pension of approximately 511,000 pensioners nationwide.

The pension fund has also made online loan applications available and extended the deadline for the Annual Pensioners Information Revalidation (APIR) to May 15.

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