Manila, May 30 -- The Government Service Insurance System (GSIS) on Thursday announced it has streamlined its Ginhawa Max buyout loan program, easing requirements and expanding access to affordable financial support for government employees.

In response to feedback from members, GSIS President and General Manager Wick Veloso said agencies are no longer required to sign a Memorandum of Agreement (MOA) for their personnel to access the loan. A Letter of Intent (LOI) will now suffice.

"We value feedback from our members and continue to improve our services to match their needs. Our priority is to extend timely financial support and affordable repayment options to more government workers," Veloso said in a statement.

The revamped Ginhawa M...