Bill Type
Long Title
AN ACT CREATING THE OVERSEAS FILIPINO WORKERS PENSION FUND AND APPROPRIATING FUINDS THEREFOR
Date filed
November 24, 2004
Scope

Legislative History

House Bill/Resolution NO. HB03347
FULL TITLE : AN ACT CREATING THE OVERSEAS FILIPINO WORKERS PENSION FUND AND APPROPRIATING FUINDS THEREFOR
SHORT TITLE : Overseas Filipino Workers Pension Fund Act of 2004
ABSTRACT : "Overseas Filipino Workers Pension Fund Act of 2004." 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 : SUHARTO "TENG" T. MANGUDADATU
DATE FILED : 2004-11-24
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Tulagan (034 )
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON OVERSEAS WORKERS AFFAIRS ON 2004-12-06
SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS

Abstract

"Overseas Filipino Workers Pension Fund Act of 2004." 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.