September 30, 2012
To those who are not quite familiar with procedure on Monthly Remittance and Reporting to Pag-IBIG or Home Development Mutual Fund, here’s a quick guide for you. 1. Gather payroll data. For Monthly Compensation Php 1,500 and below: Employee Contribution=3% x Monthly Compensation (2:1 Employer-Employee sharing) For Monthly Compensation over Php 1,500: Contribution=4% x Monthly [...]
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July 15, 2012
The Home Development Mutual Fund (HDMF), also known as Pag-IBIG Fund (Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno), is a government agency that provides its members with adequate housing through an effective savings scheme. The Fund was created to focus on two of the nation’s basic concerns: savings generation and providing housing loans for [...]
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