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The Philippine one hundred-peso note (Filipino: Sandaang Piso) (₱100) is a denomination of Philippine currency. Philippine president Manuel A. Roxas is currently featured on the front side of the bill, while the Mayon Volcano and the whale shark (locally known as butanding ) are featured on the reverse side.
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [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 ...
The SSS PESO (Personal Equity Savings Option) Fund is a voluntary savings program that members can utilize to augment their retirement benefits from the regular membership. [20] Launched in September 2014, it is a provident fund that gives tax-free returns and it can be made available effective upon the retirement of the members or when certain ...
In the 2013 fiscal year, the national government gave P71.9 billion pesos to GOCCs in subsidies, nearly twice the 44.7 billion pesos that was programmed in the budget. [2] In 2014, 77.04 billion pesos was spent on GOCCs by the national government, 3% of which was classified as subsidies and 97% was classified as program funds. [6]
The one peso note was replaced with the two peso note, which features the same elements of the demonetized "Pilipino" series one peso note. On September 7, 1978, the Security Printing Plant in Quezon City was inaugurated to produce banknotes inside the country. Alongside the opening of its printing facilities, the seal of the Bangko Sentral ng ...
Endo (derived from "end-of-contract") [1] refers to a short-term de facto employment practice in the Philippines.It is a form of contractualization which involves companies giving workers temporary "employment" that lasts for less than six months (or strictly speaking, 180 calendar days) and then terminating their employment just short of being regularized in order to skirt on the costs which ...
2,400 pesos annually for members earning P25,000 and below 3,600 pesos annually for members earning more than P25,000: Enrollment date. OFW (Landbased) 2,400 pesos annually: Emigration date: No subsidy. Payment is on emigration date then annually. OFW (sea-based) Employer and worker each pay half, up to 2.5% (maximum of 3%) of income up to ...
These were followed in 1951 by regular-issue English Series banknotes in denominations of 5, 10, 20 and 50 centavos, 1 peso, 2 pesos, 5 pesos, 10 pesos, 20 pesos, 50 pesos, 100 pesos, 200 pesos and 500 pesos. The centavo notes (except for the 50-centavo note, which would be later known as the half-peso note) were discontinued in 1958 when the ...