Hqp Pff 162 Form Pag Ibig PDF Details

Are you confused and overwhelmed with making the necessary preparations for your Pag- ibig HDMF loan application? The process can be daunting, particularly since one of the documents required is the Hqp Pff 162 Form. While this form may seem difficult to find, its purpose is critical in ensuring that all of your paperwork is entirely accurate before it’s submitted to an HDMF office or bank. In this blog post we will break down exactly what the Hqp Pff 162 Form is as well as provide guidance on how to complete it correctly so you have no problems when applying for a Pag-ibig loan.

QuestionAnswer
Form NameHqp Pff 162 Form Pag Ibig
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namestav offsetting meaning tagalog, pagibig tav offsetting, tav offsetting meaning, request letter for pag ibig loan offset

Form Preview Example

HQP-PFF-162

APPLICATION FOR PENALTY DISCOUNT

ON PROVIDENT OBLIGATION

(For Delinquent/Unregistered Employer)

EMPLOYER/BUSINESS NAME

 

Pag-IBIG EMPLOYER ID No./

 

 

 

 

 

 

REGISTRATION TRACKING NUMBER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EMPLOYER/BUSINESS ADDRESS

 

DATE FILED

 

 

 

 

 

 

 

 

 

 

 

 

 

DATE OF REGISTRATION WITH CONCERNED AGENCIES (SEC/DTI/CDA)

 

START OF BUSINESS OPERATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

m m

d d

y y

 

y y

REASON FOR FAILURE TO REGISTER COVERED EMPLOYEES AND/OR REMIT THE REQUIRED

 

TELEPHONE NUMBER

 

 

 

 

 

 

MEMBERSHIP SAVINGS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

WITH PREVIOUS AVAILMENT OF

 

 

PENALTY CONDONATION

 

 

 

 

 

 

 

 

YES

 

 

 

 

 

 

NO

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

APPLICATION AGREEMENT

I hereby certify that I have read and understood the contents hereof, including the guidelines and instructions indicated at the back portion of this form. I further certify that all information I have indicated herein are true and correct to the best of my knowledge and belief, and that my signature appearing herein is genuine and authentic.

In case of falsification, misrepresentation or any similar acts committed by me, Pag-IBIG Fund shall automatically disapprove/cancel my application. I shall abide with all the applicable rules and regulations governing the penalty discount and payment scheme that the Fund shall promulgate from time to time.

In case of non-compliance to the guidelines governing this program, I understand that we shall continue to incur penalties on unremitted Membership Savings and shall be held criminally liable and prosecuted in accordance with the penal provisions of R.A. 9679.

______________________________________________

________________________

________________

HEAD OF OFFICE/AUTHORIZED REPRESENTATIVE

Designation/Position

 

 

Date

 

(Signature over Printed Name)

 

 

 

 

 

 

 

THIS PORTION IS FOR Pag-IBIG FUND USE ONLY

 

 

 

 

 

 

 

 

 

 

 

RECEIVED BY

 

 

REMARKS

 

DATE

 

 

 

 

 

 

 

 

 

 

 

COMPUTATION OF TOTAL PROVIDENT OBLIGATION

 

 

 

 

 

 

 

 

 

 

 

DETAILS

 

AMOUNT

COMPUTED BY

DATE

 

 

 

 

 

 

 

 

 

 

 

 

PERIOD COVERED (From________ To__________)

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL UNREMITTED MEMBERSHIP SAVINGS

 

 

 

 

 

 

 

 

 

 

 

DEPRIVED DIVIDENDS

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL ASSESSED PENALTIES (TAP)

 

REVIEWED BY

 

DATE

 

 

 

 

 

 

 

 

 

 

 

 

LESS:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INITIAL PAYMENT

 

 

 

 

 

 

(PFR No. ____________ PFR Date ___________)

 

 

 

 

 

 

 

 

 

TAP DISCOUNT

 

 

 

APPROVED BY

DATE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PAYMENT SCHEME

 

FULL PAYMENT

 

INSTALLMENT No. of Months____

 

 

 

 

 

 

 

 

 

 

 

THIS FORM MAY BE REPRODUCED. NOT FOR SALE.

(Rev. 00, 07/2014)

GUIDELINES AND INSTRUCTIONS

A.Who May File

Any delinquent/unregistered employer who satisfies the following requirements:

1.The employer must pay in full the total unremitted membership savings, deprived dividends, and a minimum of 40% of the Total Assessed Penalties (TAP) as of payment date.

2.It must not have collected the membership savings from its employees but failed to remit the same.

3.If the employer has previously availed of a penalty condonation, it must have fully complied with the terms of said condonation.

B.How To File

The applicant shall:

1.Secure and accomplish the Application for Penalty Discount (For Delinquent/Unregistered Employer) from the concerned Pag-IBIG Branch.

2.Submit complete application and required documents to concerned Pag-IBIG Branch.

C.DISCOUNT ON TOTAL ASSESSED PENALTIES (TAP)

It shall be based on the percentage of cash payment on the TAP and shall be in accordance with the schedule provided in the table below:

% of Paid Penalty to TAP

Discount Rate on TAP

 

 

60%

40%

 

 

50% - <60%

20%

 

 

40% - <50%

10%

 

 

D.PAYMENT SCHEME FOR THE BALANCE OF TAP

The balance of the penalty (i.e., less the initial payment and the discount) shall be paid in the following manner:

1.If the balance is less than P25,000.00, by full payment within seven (7) days from the date of approval of the discount.

2.If the balance is at least P25,000.00, by installment within a maximum period of twelve (12) months from the date of approval of the discount. The first installment shall be due on the 30th day from the date of approval and the succeeding due dates every 30th day thereafter.

3.The employer shall be required to issue post-dated checks to cover the 12-month installment.

4.Should the employer fail to pay any installment as it falls due, the portion of the penalty deducted from the TAP shall be re-imposed.

CHECKLIST OF REQUIREMENTS

IMPORTANT

1.Pag-IBIG FUND RESERVES THE RIGHT TO REQUEST ADDITIONAL DOCUMENTS, IF DEEMED NECESSARY. THE PROCESSING OF PENALTY DISCOUNT SHALL COMMENCE ONLY UPON SUBMISSION OF COMPLETE DOCUMENTS.

2.IN ALL INSTANCES WHEREIN PHOTOCOPIES ARE SUBMITTED, THE ORIGINAL DOCUMENT MUST BE PRESENTED FOR AUTHENTICATION.

BASIC REQUIREMENTS

1.Application for Penalty Discount on Provident Obligation (HQP- PFF-162)

2.Photocopy of the following:

Payroll for applicable period/SSS R-3

Pag-IBIG Fund Receipt (PFR) reflecting Required Initial Payment details

Member’s Contribution Remittance Form (MCRF, HQP-PFF- 053)

3.If filing thru Authorized Representative, submit the following:

a. For Sole Proprietorship and Partnership - Special Power of Attorney (SPA)

b. For Corporation

-Notarized Board Resolution/Secretary’s Certificate designating the Representative to transact/negotiate with the Fund and to execute/sign documents submitted

c.Photocopy of at least one (1) valid ID card with photo and signature of Authorized Representative.

ADDITIONAL REQUIREMENTS

For Unregistered Employer

1.Employer’s Data Form (EDF) reflecting Pag-IBIG Employer ID No./Registration Tracking Number (RTN)

2.Certified true copy of applicable proof of business existence:

Business Permit/Mayor’s Permit

Department of Trade and Industry (DTI) Certificate of Registration (For Sole Proprietorship)

Securities and Exchange Commission (SEC) Certificate of Partnership/Incorporation (For Partnership/Corporation/Foreign- Owned Corporation/Trade Association)

Cooperative Development Authority (CDA) Certificate (For Cooperative)