1/08/2012

Penalty Condonation For Employers

If you have not yet registered your business establishment and your employees with Home Development Mutual Fund/Pag-IBIG Fund or have been delinquent/inactive in your employees’ contribution remittances, the Fund is now offering the penalty condonation program beginning January 1, 2012 until June 30, 2012.

With this program, all incurred penalties by the employers whose application for penalty condonation has been approved shall be condoned upon updating of contribution remittances.

Eligible employers who fail to avail of this program shall continue to incur penalties on their unremitted contributions and shall be held criminally liable and shall be prosecuted in accordance with the penal provisions of RA9679.

Go to the nearest Pag-IBIG Fund branch to avail of this program, contact details can be found at www.pagibigfund.gov.ph

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