Pag-IBIG Fund offers share of non-wage benefits for workers on Labor Day

Committee on non-wage benefits meeting (April 19)  Pag-IBIG Fund Senior Vice President for Business Development Sector Fermin A. Sta. Teresa, Jr. (left) discussing Pag-IBIG Fund’s contribution to the benefits package for workers at the Committee on Non-wage Benefits meeting presided over by Labor Assistant Secretary Joji V. Aragon. With him is Manager JuanitoAngelito A. Jareño of the OFW Center Operations Department. 


Pag-IBIG Fund threw its full support behind this year’s Labor Day celebrations by offering its share of non-wage benefits for workers.

Pag-IBIG Fund, along with other government-owned and controlled corporations (GOCCs), drew up a package of non-monetary benefits for workers at a meeting spearheaded by the Department of Labor and Employment (DOLE). President Rodrigo RoaDuterte himself will announce the good news about the benefits at the Labor Day celebration in Cebu City on May 1, 2018. Close to 8,000 workers are expected to attend the event.

Speaking on behalf of Pag-IBIG Fund Chief Executive Officer AcmadRizaldy P. Moti, Senior Vice President for Business Development Sector Fermin A. Sta. Teresa, Jr. said: Workers can expect more housing incentives and greater home affordability as part of the benefits package that will be announced on Labor Day. This is our way of helping uplift the lives of our workers, as we align our programs with the BALAI Filipino (Building Adequate, Livable, Affordable, and Inclusive Filipino Communities) program led by Secretary Eduardo D. del Rosario, Chairperson of the Housing and Urban Development Coordinating Council (HUDCC) and Pag-IBIG Fund.”

Pag-IBIG Fund also committed to donate three house and lot packages, sourced from its foreclosed properties,to be raffled off during the Labor Day festivities. The special raffle is Pag-IBIG Fund’s way of honoring the Filipino workers and showcasing the agency’s mandate of providing shelter especially to the underserved sector of society.




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