Pag-IBIG Fund sets amnesty deadline for employers

Published by rudy Date posted on December 11, 2009

HOME Development Mutual Fund (Pag-IBIG Fund) warned employers that have yet to register with it, or have failed to collect contributions from their employees or remit the same to the agency, to comply with the law by the end of this month.

“[December 29] is the last day to apply for the Penalty Condonation Program that saves delinquent employers from paying penalties on all uncollected and unremitted contributions,” Vice President Noli de Castro, who is also Pag-IBIG chairman, said in a statement.

The agency said there would be no extension of the program that was launched in June this year.

After December 31, delinquent employers who have not registered with the Fund, have applied for penalty condonation but failed to comply with the terms, or continue to refuse to collect and/or remit contributions to Pag-IBIG would continue to incur penalties on unremitted contributions. They would also be held criminally liable and prosecuted in accordance with the penal provisions of Presidential Decree 1752.

The condonation program is open to employers who have not registered with the Fund, those whose applications for waiver from coverage were denied but who failed to register, and companies that are duly registered but did not collect employee contributions and did not remit the employer counterpart.

Jaime Fabiana, Pag-IBIG chief executive officer, said eligible employers should have all penalty charges condoned, provided the total obligations are remitted within 30 days from the approval of application.

“Those employers who cannot pay in full may submit a plan of payment for approval by the Fund,” he said.–LAILANY P. GOMEZ, Manila Times

July 2025

Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.

Accept National Unity Government (NUG)
of Myanmar.  Reject Military!

#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

July


3 July – International Day of Cooperatives
3 Ju
ly – International Plastic Bag Free Day
 
5 July –
World Youth Skills Day 
7 July – Global Forgiveness Day
11 July – World Population Day 
17 July – World Day for
International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons 


Monthly Observances:

Schools Safety Month

Nutrition Month
National Disaster Consciousness Month

Weekly Observances:

Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week

 

Daily Observances:

First Saturday of July:
International Cooperative Day
in the Philippines

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.