(For Unregistered Employer) HQP-PFF-022

(V04, 01/2022)

Pag-IBIG Fund
(Home Development Mutual Fund)

__________________
Date

________________________
________________________
________________________

Dear Sir/Madam:

As a result of our Membership Enforcement Activities, it was found that your

company is not registered as an employer with the Pag-IBIG Fund. In effect, your
employees are also not registered nor remitted of their mandatory Membership Savings
(MS) to the Fund. Pursuant to Section 23 (b) of Republic Act No. 9679, you are liable to
pay a penalty of 3% per month of the amounts payable from the date the contributions fall
due until paid, in addition to your employees’ unremitted MS and deprived dividends.

Nonetheless, please be advised that the Pag-IBIG Fund has adopted a new
Penalty Condonation Program to which you may apply subject to the terms and
conditions specified in the applicable guidelines.

Should you opt to avail of the program, you may accomplish the Application
for the New Penalty Condonation Program on Mandatory Monthly Savings (MS)
Remittances (HQP-PFF-397) which can be downloaded at www.pagibigfund.gov.ph
and submitted to this Pag-IBIG Fund Branch.

If you do not apply for Penalty Condonation, despite being qualified, you will
continue to incur penalties on the unremitted MS of your employees and the employer
counterpart. Non-payment of unremitted MS, including penalties, will make you
criminally liable for violation of R.A. 9679.

Should you have any query or matter that you would like to clarify regarding this
notice, please visit or call this Branch.

Very truly yours,

_______________________
(Name and Designation of
Authorized Signatory)

(Address and telephone number of Pag-IBIG Branch)