State-run pension fund manager Government Service Insurance System has reduced the service fee imposed on applicants of housing loans under the Garantisadong Mababang Amortization na House En Lot Para Sa’yo, or GMA HeLPS.
GSIS president and general manager Winston Garcia said the lower service fee aimed to entice more buyers to take advantage of the pension fund manager’s housing loan program.
“GMA HeLPS is in line with the vision of President Gloria Macapagal Arroyo of making owning a house very affordable for everybody,” said Garcia.
The agency’s asset disposition program launched in May 2007 aims to recover the investment of the pension fund in cancelled or pre-owned housing loan accounts through the effective disposition of housing units.
It offers the lowest interest rate in the market at 6 percent, compounded annually fixed throughout the term of the loan. It is open to both members and non-members of the GSIS.
Installment buyers are entitled to a maximum repayment term of 30 years but not exceeding the difference between 70 and the buyer’s age at the time of filing the application.
Majority of the housing units under the program are livable and located in subdivisions with complete amenities and existing communities in over 70 locations, including key cities in Metro Manila, Bulacan, Rizal, Leyte, Western Samar and South Cotabato. –Lawrence Agcaoili, Manila Standard Today
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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