Pag-Ibig Incentive for OFWs from Libya

I'm not the typical person who is up-to-date with current events. I'm usually the type who just takes cover in her own world. I think I have too many problems of my own in terms of work and family. Today though, I took some time to get updated with Japan and Libya and stuff. So here I am.

Let's start out with the OFWs from Libya. It's been terrible there, and they're limiting currency that can be brought back? That's quite unfair. But anyway here's a nice incentive break from Pag-Ibig. Read this from Inquirer

Under the special assistance program, Berberabe said Pag-Ibig members who fled the Libyan conflict would be given the option to withdraw their contributions even prior to the maturity of their savings.

Members may also opt for a six-month moratorium on the payment of their contributions, short-term loans or housing loans, provided they are updated with their payments

No penalty and interest will be charged during the period

Members in Metro Manila may file their application at the Pag-Ibig International Operations Group located at the Justine Building in Makati. Those in provinces may file their applications with the nearest branch.

But those with outstanding loans cannot avail of the package.

OFWs who fled Libya and now in the Philippines may now claim their P10,000 financial assistance from the nearest Overseas Workers Welfare Administration (OWWA) regional office, the labor department

“I advise the OFW-repatriate to immediately file their claim,” said Labor Secretary Rosalinda Dimapilis-Baldoz in a statement, adding that the processing of claims will be on a first come, first served basis.

She added that OFWs in the provinces should immediately contact the OWWA regional offices for assistance in preparing the documents needed for the release of the P10,000 financial assistance.

So far, 7,549 OFWs from Libya have already claimed the P10,000 cash assistance, OWWA said Friday.

This brings to P75.49 million the total cash assistance provided by OWWA so far, the agency said in a statement.

These days at least one in ten people have relatives that are overseas Filipinos. I do too, so if you know somebody who should be getting the break above. Please let them know. You'd do them a big favor.