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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 ...
Republic Act No. 11201 signed by President Rodrigo Duterte on February 14, 2019. The law creating the Department of Human Settlements and Urban Development (DHSUD), Republic Act No. 11201, was signed into law by President Rodrigo Duterte on February 14, 2019, with the signing announced to the public by the government on February 19, 2019.
Institutionalizing the Pag-abot Program, constituting an Inter-Agency Committee therefor, and for other purposes January 18, 2024 [52] 53 Reactivating and reconstituting the Task Force El Niño, and for other purposes January 19, 2024 [53] 54 Reorganizing the National Intelligence Coordinating Agency and for other purposes [54] 55
The agency responsible for implementation is the Social Security System (SSS), and also the Government Service Insurance System (GSIS), the Philippine Health Insurance Corporation (PhilHealth), and the Pag-IBIG Fund (Home Development Mutual Fund) use the card. [3] The card was also suggested to be used as a voter ID. [4]
On June 4, 2024, Executive Secretary Lucas Bersamin signed Memorandum Circular No. 52, which directed government agencies and schools to include the singing of the “Bagong Pilipinas” hymn and the recitation of the “Panata sa Bagong Pilipinas” pledge in weekly flag ceremonies, as required by Section 18 of Republic Act No. 8491. [24]
Finally, starting in 2024, families can roll unused 529 plan funds to a Roth IRA in the beneficiary’s name without triggering income taxes or penalties.This new rule, signed into law as part of ...
directing all private and public banks, quasi-banks, financing companies, lending companies and other financial institutions, including the Government Service Insurance System, Social Security System and Pag-ibig Fund to implement a grace period of 30 days, minimum, for the payment of all loans falling due within the enhanced community ...
Assist the President in the exercise of general supervision over local governments; Advise the President in the promulgation of policies, rules, regulations and other issuances on the general supervision over local governments and on public order and safety;