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The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG (Pagtutulungan sa Kinabukasan, Ikaw, Bangko, Industriya at Gobyerno) Fund, [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 shelter financing for Filipinos.
Portal 2 is a 2011 puzzle-platform game developed by Valve for Windows, Mac OS X, Linux, PlayStation 3, and Xbox 360.The digital PC version is distributed online by Valve's Steam service, while all retail editions were distributed by Electronic Arts.
SS&C was founded by William C. Stone in 1986. [6] The company went through an initial public offering process for the first time in 1996. [7] It was taken private in a leveraged buy-out in 2005 with Sunshine Acquisition Corp., affiliated with The Carlyle Group.
The entire 12% contribution of the employee goes towards the Employees’ Provident Fund Scheme (EPF), while from the employer's share of 12%, 3.67% goes to the Employees’ Provident Fund and 8.33% goes towards the Employees’ Pension Scheme (EPS) along with 1% contribution of the government while 0.5% contribution of the employer goes to the ...
Logo from 1983 until 2023. The Corporation was created during the Martial Law years by virtue of a Presidential Decree No. 1067-A issued by President Ferdinand Marcos on January 1, 1977, in response to calls for the Philippine Government to put a stop to the growing proliferation of illegal casino operations in various parts of the country then.
The pension calculation system changed and special conditions for pension appointment for certain categories of employees, such as military personnel, were established by a separate law, as well as financial benefits for the families of deceased servicemen. In the employment law, unemployment benefits were codified in the legislation. [2]
Headquarters non-supervisory employees of SSA are represented by American Federation of Government Employees Local 1923. SSA operates the largest government program in the United States. [6] In fiscal year (FY) 2022, the agency expects to pay out $1.2 trillion in Social Security benefits to 66 million individuals. [1]
The employer and the employee each contribute 5 per cent (a sum equal to 10%) of the salary of employee whose earnings are above a certain threshold to funds run by banks, insurers or fund houses. Total contributions are capped at HK$1,500 a month. [3] Employees and self-employed are required to contribute 5% of their earnings to their MPF fund ...