Upgraded Pag-IBIG savings for Deped RO V

================================================================== Upgraded Pag-IBIG savings for Deped RO V Teachers and non-teaching staff of the Department of Education Regional Office No. 5 (DepEd-RO V) may now conveniently increase their savings with Pag-IBIG Fund through salary deduction. This was made possible through a Memorandum of Agreement (MOA) signed on March 1, 2016 at The Concourse Convention Center in Legazpi City, by DepEd-RO V Regional Director Ramon Fiel G. Abcede, and Pag-IBIG Fund Legazpi Branch Head Mr. Roberto A. Salvosa and Area Head Ms. Ma. Luisa P. Barcebal. The increase in savings may be done through the Fund's Upgraded Savings Program, which allows PagIBIG members to save over and above the mandatory monthly savings of P100, or through savings in the Modified Pag-IBIG II (MP2) Program of the Fund – an additional savings facility which yields higher annual dividends than Pag-IBIG 1 savings and has a fixed maturity period of five years. "We are happy to enter into this partnership with DepEd-RO V as this will enable our teachers and other DepEd personnel in the Bicol Region to save for their future," Ms. Barcebal said. Under the MOA, availment of the programs will allow employees to effect the increase of their savings through salary deduction. Director Abcede lauded the said undertaking, saying "this would re-awaken and re-integrate the culture of savings amongst its personnel." He immediately issued Regional Memorandum Circular No. 29 (s.2016), instructing all DepEd divisions under the Bicol Region to allow the conduct of Benefits Orientation by Pag-IBIG Fund during Management Committee Meetings of Division officials. DepEd Bicol Region has, at present, under its employ more than 50,000 personnel including teachers. In response, Pag-IBIG Fund Legazpi committed to conduct financial literacy briefings highlighting the savings products of Pag-IBIG. Pag-IBIG Fund President & CEO Atty. Darlene Marie B. Berberabe congratulated both parties for their efforts in promoting saving for the DepEd personnel and teachers, who are all Pag-IBIG members. "The savings program of the Fund is designed to help Pag-IBIG members prepare for their future. PagIBIG savings are government guaranteed, have higher yield than other savings instruments, and the yield is tax free" Atty. Berberabe said. In 2015, Pag-IBIG declared its highest-ever dividends amounting to P14.24 Billion, with a dividend rate of 4.83%. In the past five years, the annual dividend rate of the Fund has not gone down below the 4% level. Meanwhile, Pag-IBIG records show that from 2013 to 2015, 457 DepEd personnel in the Bicol Region availed of Pag-IBIG housing loans worth P253.043 Million. Over the same period, 11,449 DepEd personnel nationwide availed of housing loans with a loan value of P7.58 Billion

Comments

Post a Comment

Popular posts from this blog

POPCOM, gagamit ng ‘digital platforms’ para pagtibayin ang mga ugnayang pampamilya

Mas pinalalawig ng Komisyon sa Populasyon at Pagpapaunlad (POPCOM) ang adhikain nitong pagpapalaganap at pagpapabuti ng pakikipag-ugnayan ng mga nakakatandang Pilipino sa kanilang mga anak na nagdadalaga at nagbibinata. Nitong Setyembre 21, ang POPCOM ay nagsagawa ng isang “parent-teen talk webinar” gamit ang Zoom, kung saan ang isang “interactive program” ang nagbigay ng naaayon na kaalaman at kasanayan sa mga magulang, habang tumulong ito sa mga anak na teenager na maabot ang kanilang buong potensyal. Hinikayat din nito ang mga nanay at tatay na sumali sa malayang usapan, lalo na sa mga usapin ukol sa sex at sekswalidad, na nakikitang makakatulong upang bumaba ang mga bilang ng mga pagbubuntis sa hanay ng mga kabataan. Maaaring mapanood ang webinar sa https://youtu.be/lZ9jrJCjYas. Ayon kay Ikalawang Kalihim (Undersecretary) Juan Antonio A. Perez III, MD, MPH, “ang webinar ay naging isang tagapag-simula at ‘padaluyan’ ng pag-uu
Read more

UP Diliman Professors Share Scientists’ Procurement Struggles at Senate Hearing

By Harvey Sapigao Senate hearing of the revised procurement law (Photo credit: Senate of the Philippines) College of Science (CS) Dean Giovanni Tapang held up a little white device as he finished his presentation. “This is a ₱150,000 component,” he described. “Isa lang gumagawa nito sa buong mundo, pero ang hirap pilitin sila na magregister sa PhilGEPS,” he continued, referring to the requirement that foreign companies must first register to the Philippine Government Electronic Procurement System (PhilGEPS) before they can sell products to local scientists. Marine Science Institute (MSI) Deputy Director Dr. Irene Rodriguez explained that the small device is a resin that filters metals in water. “May budget tayo,” she said, “pero ang problema ko ay ‘yung resin na ito.” This and other bottlenecks brought about by the procurement law, or the Government Procurement Reform Act (RA 9184), slow down research and development in the country. UPD leaders were invited to the Senate he
Read more

Biden said set to make push for demilitarized Palestinian state as part of new doctrine ---By LAZAR BERMAN

New York Times’ Thomas Friedman, who’s close to the US administration, says emerging doctrine would include Saudi-Israeli normalization, 2-state solution, and campaign against Iran US President Joe Biden’s administration is homing in on a new doctrine involving an unprecedented push to immediately advance the creation of a demilitarized but viable Palestinian state, The New York Times’ Thomas Friedman reported on Thursday. The plan, Friedman wrote, “would involve some form of US recognition of a demilitarized Palestinian state in the West Bank and Gaza Strip that would come into being only once Palestinians had developed a set of defined, credible institutions and security capabilities to ensure that this state was viable and that it could never threaten Israel.” White House officials “have been consulting experts inside and outside the US government about different forms this recognition of Palestinian statehood might take,” revealed Friedman. What he termed the new “Biden Doctrin
Read more