PNP PROVIDENT FUND LOAN TABLE DIMINISHING PRINCIPAL LOAN TERM (YR) 5%/YR) TLA MA 10,000.00 1 500.00 10,500.00 875.00 20,000.00 1 1,000.00 21,000.00 1,750.00 2 First Year 1,000.00 21,500.00 916.67 Second Year 500.00 875.00 30,000.00 1 1,500.00 31,500.00 2,625.00 2 First Year 1,500.00 32,250.00 1,375.00 Second Year 750.00 1,312.50 3 First Year 1,500.00 33,000.00 958.33 continue reading : Loan Table
RA No. 7180 (GAA FY 1992) ADMINISTRATIVE ORDER NO. 279 (Tab A) dated May 5, 1992 “Prescribing rules and regulations for the establishment and administration of a provident fund of agencies covered by sec. 41 of the general provisions of Republic Act No. 7180.” EXECUTIVE ORDER NO. 641 (Tab B) dated July continue reading : Mandate
granted to victims of conflagration Php50,000 loanable amount 3 years Maximum Payment Term 0 % Interest
Php30,000 loanable amount 3 years Maximum Payment Term 0 % Interest Calamity loans shall be granted over and above existing salary loan under the following circumstances provided that the monthly deduction will not reduce the required monthly net take home pay of the borrower. The area where the borrower is assigned or residing at continue reading : Calamity Loan
Php 100 K Three (3) years Maximum Payment Terms Five Percent (5%) per annum Diminishing Interest Salary loan is granted to members for the following purposes: a.Education; b.Hospitalization; c.Minor repair of houses; and d.Other similar purposes.
The PNPPF’s Overall Objective is to provide for the granting of benefits and loans to officials and employees of the department, bureau, office, or agency for emergency needs for: Education or that of their children; (scholarship) Hospitalization or that of their immediate dependents; Minor but immediately needed repair of their houses; and Other similar purposes continue reading : Overall Objective
Historical Background on the Establishment of the PNP Provident Fund Start-up Fund: P35.594,055.78 Million On December 15, 2004, LBP Account No. 1862-1016-30 was opened in the name of PNP Provident Fund, Inc. with an initial deposit of P35.594,055.78 to transfer the fund from the PNP Services Fees Fund under LBP Account Number 1862-110-53. continue reading : History