MANILA — The Government Service Insurance System (GSIS) announced a three-month loan moratorium for government employees in response to rising oil prices.

Under the program, loan deductions from members’ salaries will continue, but participants can opt to receive three months of loan amortizations covering December 2025 to February 2026 as a lump sum directly credited to their accounts.

The GSIS said this allows members to access a “meaningful” amount at once, rather than smaller amounts spread over time.

Applications for the loan moratorium can be submitted through the GSIS Touch. Once approved, the loan term will be extended by three months without additional interest or penalties.

Wick Veloso said the initiative aims to support government employees while maintaining the stability of the fund.

Last week, the GSIS also rolled out a solar loan package to help government workers adopt renewable energy and lower electricity costs.

The agency reported that its total assets reached nearly P2 trillion in 2025.