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The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...
In December 2023, Pag-IBIG approved ₱12 billion credit line for the National Housing Authority, which will finance the development of 9,110 housing units nationwide (4,111 units in Quezon City, 1,377 in Valenzuela, 944 in Zamboanga City, and 535 in San Juan). [6] The 4PH Program is envisioned to create smart cities nationwide. [7]
De Castro was chairman of the Pag-IBIG Fund when the ₱6.6 billion housing scam involving Globe Asiatique (GA) scam took place. [23] Throughout his vice presidency, de Castro had minimal limelight and was regarded only as "backup" for the then incumbent party coalition if ever President Arroyo was ousted.
The Lingkod Pinoy Center of Robinsons Place Santiago provides services for GSIS, PhilHealth, Pag-Ibig Fund, SSS, PHLPost, TESDA and most notably, a Department of Foreign Affairs passport office which opened in May 2018. [4] The DFA office accepts applications for new passports as well as renewals. [5]
Pantawid ng Pag-ibig: At Home Together Concert (lit. transl. Bridge of Love) is a six-hour Philippine benefit concert television special held on March 22, 2020, in support of ABS-CBN Foundation's efforts in helping those heavily affected by the 2020 Luzon enhanced community quarantine caused by the COVID-19 pandemic in the Philippines.
The IRS places contribution limits on 401(k)s: For 2024, the contribution limit is $23,000, with an additional $7,500 allowed in catch-up contributions for workers who are age 50 or older.
Amenah "Mina" Flaminiano Pangandaman is a Filipina economist who is the Secretary of the Department of Budget and Management (DBM) of the Philippines since June 30, 2022. She is the first Muslim budget secretary and the only Muslim in the cabinet of President Bongbong Marcos. [2]
In the latter case, IRAs can be a bit restrictive, with yearly contribution limits of just $7,000 for adults under 50 and $8,000 for adults 50 and older in both 2024 and 2025.