Common Contracts
1 similar Application for Penalty Condonation contracts
EMPLOYER/BUSINESS NAME Pag-IBIG EMPLOYER ID No EMPLOYER/BUSINESS ADDRESS DATE FILED PAYMENT SCHEME FULL PAYMENTPLAN OF PAYMENT (24 months required period of settlement) TELEPHONE NUMBER APPLICATION AGREEMENT I hereby certify that I have read and...Application for Penalty Condonation • July 5th, 2021
GUIDELINES AND INSTRUCTIONSA. Who May File1. All financially distressed employers who are operational from 17 March 2020 to 31 December 2020 and are affected by the COVID-19 pandemic and that were not able to remit their Mandatory Monthly Savings (MS) which may include the following:a. Did not deduct MS.b. Deducted MS but did not remit2. Employers with approved plan of payment, provided they are current on their installment prior to the Enhanced Community Quarantine (ECQ) declaration.B. How to FileThe applicant shall:1. Secure and accomplish the Application for Penalty Condonation (For Financially Distressed Employers Due to Covid-19 Pandemic) (HQP-PFF-384) from the Pag-IBIG Branch. The application form may be downloaded from the Pag-IBIG Fund website at www.pagibigfund.gov.ph.2. Submit application and required supporting documents (refer to Checklist of Requirements below) to any Pag-IBIG Fund Branch.C. Period of Availment for Penalty Condonation1. Eligible employers may avail this pr
