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The document from the national identification system will be called as the PhilSys ID which will bear a permanent identification number called the PhilSys number (PSN). The ID will contain the full name, facial image, birth date, address, and fingerprints of the bearer. However, possession of the ID card itself will not be compulsory.
The document is a significant part of the Philippine Identification System (PhilSys), the national identification system to be implemented by the Philippine government. The Philippine Identification System Act (Republic Act No. 11055), the legislation which seeks to implement this system, was signed into law by President Rodrigo Duterte on ...
The form is GYYMMDDSSSC, where G shows the person's sex and century of birth (odd number male, even number female, 1-2 19th century, 3-4 20th century, 5-6 21st century), YYMMDD is the person's date of birth, SSS is a serial number separating persons born on the same date, and C is a checksum.
The agency responsible for implementation is the Social Security System (SSS), and also the Government Service Insurance System (GSIS), the Philippine Health Insurance Corporation (PhilHealth), and the Pag-IBIG Fund (Home Development Mutual Fund) use the card. [3] The card was also suggested to be used as a voter ID. [4]
The Social Security System (SSS; Filipino: Paseguruhan ng mga Naglilingkod sa Pribado) [4] is a state-run social insurance program in the Philippines to workers in the private, professional and informal sectors. SSS is established by virtue of Republic Act No. 1161, better known as the Social Security Act of 1954.
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 ...
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Mortgage calculators are frequently on for-profit websites, though the Consumer Financial Protection Bureau has launched its own public mortgage calculator. [ 3 ] : 1267, 1281–83 The major variables in a mortgage calculation include loan principal, balance, periodic compound interest rate, number of payments per year, total number of payments ...