GSIS returns P19B in loan payments as of end-August

MANILA, Philippines — The Government Service Insurance System (GSIS) has refunded P19 billion in loan payments to more than 700,000 members as of end-August, putting it on track to breach the P20-billion mark ahead of the program’s deadline next month. In a statement on Tuesday, GSIS said the refunds under the Balik Ginhawa programs covered nearly