GSIS president ‘Wick’ Veloso led the turnover of the property title to homeowner Vera Aljas in Judyville Subdivision, Sibulan, Negros Oriental, marking the completion of her home purchase under the GSIS LWOB housing program. (Photo supplied)
In a call to its members to avail themselves of its several welfare programs, Government Service Insurance System (GSIS) president and general manager Arnulfo ‘Wick’ Veloso is urging beneficiaries of the country’s premier insurer to take advantage of their ongoing Lease with Option to Buy (LWOB) program as a means to better their lives.
To strengthen his call, GM Veloso announced that just recently, they turned over a property title to a homeowner in Judyville Subdivision in Sibulan, Negros Oriental, who has fully paid for a residential unit under the said program.
Government employee Vera Aljas was given her title to the property she had diligently paid for, marking the completion of the purchase process under the LWOB program.
“Nag-aaral pa lang ako, nakikita ko na iyong bahay na iyon at pinapangarap ko nang bilhin. Malaking tulong ang pabahay program ng GSIS kasi binigyan kami ng option na makabili ng sariling bahay. Kaya noong nagkaroon na ako ng sapat na ipon at sweldo, binili ko na. Malapit sa guardhouse ng subdivision iyong bahay kaya hindi na ako mangangamba sa safety namin,” Aljas expressed her sincere gratitude to GSIS.
The LWOB Program is part of the GSIS Ginhawa for All framework, which offers renewable lease agreements on GSIS-owned residential properties. Lessees may purchase their units at any time during the lease period, with flexible payment options including installment plans with no down payment for qualified GSIS members.
Judyville Subdivision, also known as Bel-Air, is a 470-unit housing project in Boloc-Boloc, Sibulan, developed by Firm Builders Realty Development Corporation under a joint venture confirmed by the GSIS Board of Trustees in 1997. Of the 470 lots, 284 were allocated for GSIS members. As of February 28, 2026, four residential properties in the subdivision remain in the GSIS investment portfolio.
“When a member or a homeowner finally holds the title to their property, that is the fulfillment of a commitment GSIS made to them. The LWOB program was designed to give GSIS home borrowers a clear, workable path to own their homes,” Veloso pointed out.
Right after the turnover of the title to Aljas, Veloso and GSIS officials then went to Dumaguete City National High School, which the pension fund adopted in 2015 under its Adopt-a-School program.
GSIS had previously installed two comfort room stalls and a handwashing facility at the school, but this time, the team turned over three printers requested by the school to support its operations.
The school’s teacher-in-charge, Jonathan S. Quitay, was very much thankful for the donations, which he said would greatly enhance their teaching capabilities.
“Nagpapasalamat kami sa GSIS para sa mga tulong na ihinahatid nila sa amin. Napakinabangan nang husto ng mga guro at estudyante namin ang CR at handwashing facility. Mas nakakapagfocus sila kasi hindi na kailangan maglakad nang malayo para gumamit ng mga pasilidad na ito,” Quitay enthused in the vernacular.
“Kapag may mga competition o activity na ginaganap dito sa school, nagagamit din ito ng mga bisita,” he added.
Dumaguete City National High School, located on S.L. Teves Street in Barangay Calindagan, is the largest public high school under the Department of Education (DepEd)’s Dumaguete City Division, serving more than 3,500 students.
“We adopted this school more than 10 years ago, and our responsibility does not end with a single donation. When they tell us what they need, we respond,” Veloso underscored their commitment to genuine public service.