MANILA – Pag-IBIG announced yesterday that it will  intensify its efforts to enforce the mandatory provision of Republic Act 9679.

Under R.A. 9679 or the Home Development Mutual Fund Law of 2009, membership in Pag-IBIG Fund is mandatory for all employers and employees covered and should be covered by the SSS and the GSIS.

By end of 2011, Pag-IBIG said there are some 250,000 employers around the country who are not registered with the firm.

Pag-IBIG chief executive officer Darlene Marie Berberabe, said

such employers are depriving their personnel of the benefits of membership in the fund – benefits which include long term savings with better than usual earnings, access to housing finance, and easy access to short-term cash loans in times of need.

To help enforce the law, Pag-IBIG has forged agreements with local government units which provides for making Pag-IBIG registration a pre-requisite to securing or renewing a business permit.

“We, however, recognize that some employers are unable to register with the fund due to the accumulation of penalties on uncollected and unremitted contributions,” the Berberabe said in the press release from her office..

Thus, Pag-IBIG is implementing a penalty condonation program for unregistered or delinquent employers beginning January 2 until June 30, 2012 only, she added.*PNA

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