Pag-Ibig announces condonation programs
More News from Cebu Daily News
THE Pag-Ibig Fund is offering penalty condonation program for delinquent and unregistered employers.
The program covers employers who have not collected membership contributions from their employees.
Employers who collected membership contributions and/or short-term loan amortization payments from their employees but failed to remit the same to the fund, and employers who have previously availed of any penalty condonation offered by the fund are excluded from the coverage.
The condonation program runs from Jan. 1 to June 30. For details, visit the Pag-Ibig office or call the Marketing and Enforcement Division at 415-5002 or 415-5003.
Pag-Ibig also announced that the housing loan restructuring and penalty condonation program is now available to all housing loan borrowers (except Window 1 accounts) with over three months in arrears in amortization payments.
Rio R. Teves, department manager of Pag-Ibig Fund Cebu South branch, said affected borrowers may apply for the penalty condonation program until June 30. Application filed after the deadline will only be for loan restructuring.
Housing loan borrowers who want to avail of the program may visit the Loans and Contribution Management and Recovery Division with contact numbers 234-2709, 231-5570 and 415-5087.
Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94