Pag-IBIG Fund re­minds un­reg­is­tered and delin­quent em­ploy­ers

Manila Times - - PUBLIC SQUARE -

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.

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