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Teachers’ absolute demand to GSIS: to allow other PLI’s to buy-out their huge GFAL loans in 2022

Teachers’ absolute demand to GSIS: to allow other PLI’s to buy-out their huge GFAL loans in 2022

The teachers’ absolute demand to GSIS is to allow other PLI’s to buy-out their GFAL loans this 2022. It is as if teachers are already tired of the unclear services of GSIS to its clients. To recall, GSIS offered GFAL loans to teachers to help them relieve their debts from other PLI’s.

It was the goal of GSIS to buy-out teacher’s massive loans from other PLI’s at first. Yet, in the long run many teachers found it so hard to transact and process their accounts with GSIS. Instead of helping them, it comes to a point where teachers realized their decision was wrong. Now, the teachers’ absolute demand to GSIS is to allow other PLI’s to buy-out again their GFAL.

Funny as it may seem but this is the reality of the teachers recently. The approval of the memorandum on the extension of loan from 3 years to 5 years helped. PLI’s can now raise the principal amount of the loan for the teachers and they can also buy-out other loans. Yet, the problem is that GSIS is tough on giving the necessary documents to teachers.

The teachers’ absolute demand to GSIS to allow other PLI’s to buy-out their huge GFAL loans is ongoing. Teachers were already done with GSIS as they seem to see the mistakes on their accounts. Some of the many concerns of the teachers with regards to GSIS are: 

  • Hidden charges
  • Insurmountable arrears
  • No transparency
  • Difficulty of getting answers to queries/concerns, etc.

GSIS should not hinder teachers if they wanted to pull out their loans from their agency. If their services were that good enough, teachers would not want to leave them. The teachers’ absolute demand to GSIS to allow other PLI’s to buy-out their GFAL loans this 2022 is a lesson. This lesson is an eye-opener for GSIS to make sure to change their ways in their agency.Alec | Helpline PH

6 thoughts on “Teachers’ absolute demand to GSIS: to allow other PLI’s to buy-out their huge GFAL loans in 2022”

  1. and if teachers choose not to become a member of the security system…they don’t even explain why some members don’t get any dividends for their contributions. I became permanent in June 2009, but I was given P167.00 only once…they couldn’t give a concrete proof why…there are times that you go anf enquire and it’s the security guard who answers your queries, and in the end, you write down the questions and simply leave the office.

    1. I wanted that my consul loan will be buy out of the private bank why coz gsis computation is not clear. Di cya klaro daghan ug arrears nga di klaro you instead of helping somewhat nalubong hinuon sa kadako sa arrears like ginhawa gfal mas lalong nabaon sa utang ang mga teachers .It is ten years but the deduction becomes higher asan ba doon ang ginhawa. Gusto ko ng umalis sa gsis.

  2. bakit di ninyo payagan na magpa buy out kami,
    di na kasi kami masaya sa serbisyo ninyo,wala kayong transparensi sa mga utang namin tapos daming mga arrears,tapos my mga buwan pa na wala daw kami remmitances e pano mangyari e monthly kami di ni deduct sa ahensya nmin ng Deped .

  3. Yes I agree dyan sa arrears. Kas daw delayed ang remittances.sino ba ang responsably sa remittances?
    Nung nag apply ako ng MPL kuno, 15 days after the release of my loan, deducted na kaagad ako.wala pang 1 month deduction na kaagad.ang rason naabutan daw ng cut-off yung date of approval ng loan ko. Before may grace period,ngayon 15days after deduction na kaagad.

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