POEA MEMORANDUM CIRCULAR NO. 22 S. 1995, March 24, 1995
VOLUNTARY COVERAGE OF SEAFARERS TO PAG-IBIG FUND
National Administrative Register March 24, 1995
In accordance with an advice from the Home Development Mutual Fund, all manning agencies are hereby informed that coverage of Filipino seafarers by the PAG-IBIG Fund is on a voluntary basis, considering that their coverage by the Social Security System was by reason of a voluntary covenant between SSS and the Department of Labor and Employment.
Nevertheless, foreign principals and local manning agencies who wish to avail of the coverage by PAG-IBIG for their seafarers may do so.
For your guidance.
Adopted: 24 Mar. 1995
(SGD.) FELICISIMO O. JOSON, JR.
Administrator