HDMF warns erring firms

Published by rudy Date posted on December 15, 2010

CEBU, Philippines – Officials of the Home  Development Mutual Fund yesterday said several private establishments are violating the law by not remitting the monthly premiums of their employees to Pag-IBIG.

Victoria dela Peña, Pag-IBIG vice president for Visayas, warned the erring businessmen to immediately settle their obligations otherwise criminal charges will be filed against them before the court.

Maria Corazon Cinco, chief of Pag-IBIG monitoring and enforcement division, listed at least 21 companies and business establishments in Cebu that were already sued for violation of the law.

Among the violators are some security agencies operating in Metro Cebu.

Pag-IBIG Cebu Fund manager Antonio Enriquez said the law provides that even if there was no remittance received by Pag-IBIG but the employee was deducted a monthly premium by the employer, he or she can still avail of the benefits offered by the fund.

Pag-IBIG Cebu officials encouraged the affected employees to file their formal complaints before their office.

As of November 2010 Pag-IBIG members in Cebu City Branch alone have already reached 323,362 or an increase of 47,387 compared to the total membership of 275,975 last year.

Pag-IBIG officials nationwide yesterday celebrated the 30th anniversary of the fund.

Under the newly-enacted Republic Act 9679 the employers are already mandated to enroll to the fund their employees, including the househelpers earning at least P1,000 a month. — THE FREEMAN

July 2025

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

Invoke Article 33 of the ILO Constitution
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to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
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Accept National Unity Government (NUG)
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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
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National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
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Daily Observances:

First Saturday of July:
International Cooperative Day
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