Phitippine ——_Repatcotne Prices
Overseas Spiny Super tvena COSA Mandauere Coy
Employment es
Administration, tonnes Vaisnee 1223135
LAR No. 06
To
Subject
Date
Bm
son goan gown, E-mah ino goed gov
MEMORANDUM CIRCUI
Series of 2070
ALL CONCERNED
Manoatory Coverage ané Membership of Overseas Filipino
Workers under tre Home Development Mutual Fund otherwise
known as Pag-lBIG (Pagtutulungan s2 Kinabukasan’ tkaw,
Bangko, Industria at Gobyerno
7 duly 2540
tursuant to Republic Act No. 96°
oF the Home Development Mutua! Fund Law
cof 2009, otherwise known as Pag-IBIG Fund, which took effect on 27 August 2009, the
following guidelines are hereby issued:
L
Coverage Al Overseas Filipino Workers are covered by the Pag-IBiG
Fund whether lardbased or seabased
Impiementation, POEA implementation of the mandatory coverage sha!
start on O1 August 2010
Contribution Upon registr
smaraerahip consiaaion of
jonths contribution shia
rameter ‘opt to contribute =
the same law
20 00} representing six
er The OFW may
Ze Provided under Rule VI of
Procedures, for Membership Registration of OFWs at the POEA and
Issuance of POES ext clearance/Overseas Empioyment Certificate
(OEC), The foliowing procecures for the membership registration and
‘issuance of the POEA exit clearance/OEC shall be observed
2) OFWs? processed through the POEA Name Hire Faciliy. the
Government Placement Branch ana the Balik-Manggagawa Center
shall register wth the Fund by submitting to POEA a Member Oa
Form (MOF) in addition to the existing documentary requirements, a3
2 requirement for the processing of their documents and issuance cf
the POEA exit clearance/OEC
b
For OFWs hired through POEA-icensed recruitment agencies. tne
recruitment agency shal: submit to POEA the individual MDF of their
hired OFWs in addition to the existing documentary requirements, as
‘2 requirement for the processing of the workers documents anc
issuance of the POEA exit clearance’ OEC
For compliance effective immediately
JEN
Administrator
ED AND DISSEMINATED
JUL 0.8 201