Pag-IBIG Fund reminds unregistered and delinquent employers
PAG- IBIG Fund ( also known as Home Development Mutual Fund) reminded unregistered and delinquent employers against violating Republic Act No. 9679 or the “Home Development Mutual Fund Law of 2009” by not registering and/or remitting their employees’ contributions to the Fund.
“Under R.A. 9679, membership to Pag- IBIG is mandatory, and non-compliance is punishable by amount involved, imprisonment of not more than six years, or both fine and imprisonment. More than the penalties for violation, Pag-IBIG is concerned about the welfare of employees being de- membership. President Rodrigo Roa Duterte has always emphasized the need to help the Filipino workers secure their future by ensuring that they enjoy govern Urban Development Coordinating Council (HUDCC) Chairperson Eduardo del Rosario.
“We have devised a way to help employers meet their obligations through our Penalty Condonation Program. Unregistered and delinquent employers may register or settle their arrears with Pag-IBIG, minus the penalties,” Pag- IBIG Chief Executive Officer Acmad Rizaldy Moti stressed.