Bill Type
Congress Name
Long Title
AN ACT CREATING THE OVERSEAS FILIPINO WORKERS PENSION AND APPROPRIATING FUNDS THEREFOR
Date filed
August 16, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB02099 |
| FULL TITLE : AN ACT CREATING THE OVERSEAS FILIPINO WORKERS PENSION AND APPROPRIATING FUNDS THEREFOR |
| SHORT TITLE : "Overseas Filipino Workers Pension Fund Act of 2007" |
| ABSTRACT : "Overseas Filipino Workers Pension Fund Act of 2007". The bill mandates all registered overseas Filipino contract workers to remit 5% of their gross monthly income to the proposed Fund for five years. It provides for the creation of the Overseas Filipino Workers Pension Fund Board, its composition and powers and functions. |
| PRINCIPAL AUTHOR/S : MANGUDADATU, DATU PAX S. |
| DATE FILED : 2007-08-16 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON OVERSEAS WORKERS AFFAIRS ON 2007-08-29 |
Abstract
"Overseas Filipino Workers Pension Fund Act of 2007". The bill mandates all registered overseas Filipino contract workers to remit 5% of their gross monthly income to the proposed Fund for five years. It provides for the creation of the Overseas Filipino Workers Pension Fund Board, its composition and powers and functions.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.