by Manila Standard, Sep 21, 2018
Pag-IBIG Fund is offering a one-time opportunity for delinquent and unregistered employers who were previously disqualified from availing themselves of the Fund’s penalty condonation programs to settle their obligations.
“Among President Rodrigo Duterte’s directives is prioritizing workers’ benefits. It is important that Filipino workers enjoy government benefits like those from Pag-IBIG Fund,” said Pag-IBIG Fund Board of Trustees and Housing and Urban Development Coordinating Council Chairman Eduardo del Rosario.
Pag-IBIG Fund chief executive officer Acmad Rizaldy Moti added, “The ongoing Penalty Condonation Program or PenCon is specific to employers who deducted their employees’ monthly members’ savings but did not remit these to Pag-IBIG Fund. We encourage these employers to take advantage of the PenCon and comply with the program, and enable their employees to avail of Pag-IBIG Fund benefits and services.”
The Penalty Condonation Program gives employers the opportunity to comply with the mandate of Republic Act 9679, or the Pag-IBIG Fund Law of 2009, to register their employees with Pag-IBIG Fund and remit their employees’ members’ savings. Also covered under this program are employers who have pending applications for the plan of payment.
Employers who opted for the plan of payment will be granted a discount on the total assessed penalties.
A 70 percent discount on the TAP will be given to employers who will fully settle their total unremitted monthly mandatory savings, deprived dividends, and the remaining 30 percent of the TAP.
Other employers who signified their intent to pay in full but later on opted for a plan of payment will be granted discount based on the settlement term.
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
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!
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Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against
Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
