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According to Presidential Decree No. 851, an employer is mandated by law to give his employees thirteenth month pay. The thirteenth month pay required by law should not be less than one twelfth of the total basic salary earned by an employee within a calendar year. The thirteenth month pay is exempted from being taxed by the government.
Listed below are executive orders signed by Philippine President Bongbong Marcos. Executive Order (s) (EO) are issued by the President to help officials and agencies in the operations management of the Executive Branch of the Philippine Government. He signed a total of 59 Executive Orders to date. Republic Acts, Executive Orders (including the ...
The Department of Labor and Employment ( Filipino: Kagawaran ng Paggawa at Empleo, [2] commonly abbreviated as DOLE) is one of the executive departments of the Philippine government mandated to formulate policies, implement programs and services, and serve as the policy-coordinating arm of the Executive Branch in the field of labor and employment.
The Philippine Health Insurance Corporation ( PhilHealth) was created in 1995 to implement universal health coverage in the Philippines. It is a tax-exempt, government-owned and controlled corporation (GOCC) of the Philippines, and is attached to the Department of Health. On August 4, 1969, Republic Act 6111 or the Philippine Medical Care Act ...
History. On July 25, 1987, President Corazon Aquino promulgated the Administrative Code of the Philippines. Chapter 7 of this code specified a list of ten nationwide regular holidays and two nationwide special days and provided that the President may proclaim any local special day for a particular date, group or place.
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG (Pagtutulungan sa Kinabukasan, Ikaw, Bangko, Industriya at Gobyerno) Fund, 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 shelter financing for Filipinos.
The State of the Nation Address ( SONA; Filipino: Talumpati sa Kalagayan ng Bansa [1]) is an annual address by the president of the Philippines to a joint session of the Congress of the Philippines. Mandated by the 1987 Constitution, the speech is delivered every fourth Monday of July at the Plenary Session Hall of the Batasang Pambansa Complex ...
The Private Sector Advisory Council (PSAC) is a Philippine government advisory council that offers guidance to the President of the Philippines in supporting the achievement of the country's economic objectives. Established by President Bongbong Marcos on July 13, 2022, the council primarily aims to assist the government in various key areas.