Posts

Home Development Mutual Fund Law of 2009 for Over Seas Filipino Worker part. 2

Image
1. What is the benefit of Pag-ibig member ? A. Benefits of the savings • No tax will be imposed on members' savings • Earned annual dividend annually added to members' savings • The savings remain in the name of the member even if he moves the company, loses work, or becomes self-employed • The government guarantees the savings, to pay for and refund the members' contribution paid regardless of the incidence of PAG-IBIG Monthly Contribution Total expenses after 20 years if the Pag-IBIG Fund's dividend rate is 5% P100 P 31,419.33 P300 P 94,259.79 P400 P 125,679.72 P1,000 P 314,199.29 P1,200 P 377,039.15 B. Short-Term Loans (Multi Purpose and Calamity Loans) It can be repaid for the sudden need for tuition, minor home repair, business capital and so on. The following is an example of how much you can borrow under the Multi-Purpose Loan (MPL) Program.
Post a Comment
Read more

Home Development Mutual Fund Law of 2009 for Over Seas Filipino Worker part. 1

Image
1                  1.      What is Republic Act 9679 or Home Development Mutual Fund (known as Pag-           IBIG Fund) Law of 2009? RA 9679 is the law aimed at strengthening the ability of Pag-IBIG to achieve the following objectives: • Improve the livelihood of Filipinos by providing adequate housing; • Provide a national savings system; • Mobilize funds for the housing program 2. How is RA 9679 different from the earlier laws of Pag-ibig?       First, RA 9679 sets out universal coverage. That is, the membership range is expanded, with the following: • employees and workers of SSS and GSIS • Overseas Filipino Workers, including Clerks / Seafarers • Uniformed staff of the Philippine Armed Forces, the Bureau of Fire Protection, the Bureau of Jail Management and Penology and the Philippine National Police Secondly, Pag-IBIG's tax exempt returns where the agency will save three billion a year. Now, this amount can be allocated for housing and for hig
Post a Comment
Read more

Sea Base OFW PhilHealth Frequent Question

Image
Frequently Asked Questions Sea-Based 1. How to Register? Fill out the PhilHealth Member Registration Form (PMRF). It can be requested at any PhilHealth office or  download here . Submit the PMRF to the Human Resource Department (HRD) of your Manning Agency. You will receive from your Manning Agency of PhilHealth ID and Member Data Record (MDR) which holds a permanent PhilHealth Identification Number (PIN 2. How to Update PhilHealth Information? If there is any required information in your record, just follow the following. A. Fill in the PhilHealth Member Registration Form or PMRF. B. Submit the PMRF with supporting documents to the nearest PhilHealth office or email to ofp@philhealth.gov.ph. * Be sure to sign the PMRF as proof that all the information provided is correct and true . 3. Can I Continue to Contribute to PhilHealth Contribution at the end of the Contract? Yes. We encourage all our seaman to continue their contribution to PhilHealth
Post a Comment
Read more

Phil Health Frequently Asked Questions for OFW Land Base

Image
Frequently Asked Questions Land-Based 1. Do I Have Information on My Member Data Record (MDR), How Do I Update?  If there is any necessary information in your record, just follow the following: A. Fill the PhilHealth Member Registration Form or PMRF *. B. Submit the PMRF with supporting documents to the nearest PhilHealth office or email to ofp@philhealth.gov.ph. * Be sure to sign the PMRF as proof that all the information provided is correct and true 2.   I forgot my PhilHealth Number. Where Can I Verify? To find out your PhilHealth Identification Number or PIN, text on 0917-5129149 or email to ofp@philhealth.gov.ph the following information: LAST NAME FIRST NAME MIDDLE NAME BIRTHDAY 3. How to Request Member Data Record (MDR)? What are the Requirements? Simply email your complete details (Last name, Full name, Middle name) and date of birth at ofp@philhealth.gov.ph and your copy of MDR will be received immediately. You can also request a copy of it at any PhilHea
Post a Comment
Read more