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E – SHOP STORE

E- SHOP STORE
E - SHOP STORE IS NOW HERE TO SERVE OUR CUSTOMERS 24/7...

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You can now buy online thru our E Shop Store. We can customize  your  shoes that you want from (1) one pair of shoes up to a dozens pairs of shoes at a very reasonable prices. Any queries or orders , you may PM me or text me @ 0912-6006118 or 0915-8138204. You can also send your queries via email : nezaguilar2013@gmail.com or nezaguilar2012@gmail.com…We also need RESELLERS  and  DISTRIBUTORS for our shoes  both  local  and  abroad..

Responsible Traffic Enforcer.. Good Job!!!

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These traffic enforcers that even  on a super intensity of the heat of the day and even heavy rains  still do their job for the little salary that they got,  yet other drivers used to  scold them due to  a messy traffic  encountered every day.

The  two responsible traffic enforcers  are  Roger Go  and  Jenriel  Cheng  was headed by  Mr Jesan  Idquila  –  Sector  Commander  of   Barangay Muzon and  Roberto                    “ Bobby”  P. Esquivel – Executive Assistant IV Head Of  CTM-SCOG  of  The Rising City  Of  San Jose  Del  Monte Bulacan and under the local government of  Mayor  Arthur  B. Robes, Vice Mayor Efren Bartolome  Jr.  and Congresswoman  Florida  “Rida”  P.  Robes.  Keep up your good work!

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WORLD ART CAMP OLYMPIAD

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SSS earns P1.31B from 3 months of LRP implementation, benefits 200k members

The state-run Social Security System (SSS) earned about P1.31 billion from the first three months of implementation of the Loan Restructuring Program (LRP) with penalty condonation, benefitting about 200,000 members who will be able to enjoy full benefits and privileges once they have settled their loan under LRP.

SSS President and Chief Executive Officer Emmanuel F. Dooc said the LRP, which was offered starting April 2, already condoned more than P3.35 billion worth of penalties from 200,960 availees in April to end-June period.

“When we launched the second LRP in April, we expected to attract 250,000 availees but to our surprise, we’ve already reached the 200,000-mark in just three months of LRP implementation and we still have nearly three months to accept more LRP applications,” Dooc said.

”LRP is serving its purpose of providing immense financial relief to our members by giving them the opportunity to clean up their loan records. So I’m encouraging all member-borrowers with past-due short-term loans to avail of the program on or before October 1,” Dooc added.

The program covers all member-borrowers who have past due loans such as Salary Loan, Emergency Loan, Educational Loan (old), Study Now Pay Later Plan, Voc-Tech Loans, Y2K Loans and Investments Incentive Loan. Member-borrower must be residing or working in a calamity/disaster-stricken area declared by the National Disaster Risk Reduction and Management Council (NDRRMC), or in the case of Ondoy, by the National Government.

To qualify, the loan must be past due for at least six months from the start of the second implementation of LRP.  The member must be living or working in a declared calamity area as of the date of the disaster. Members granted with any final benefit claim prior to the LRP availment period and those who committed fraud against the SSS are disqualified from the program.

“This is to remind our members that they are no longer qualified to avail of the second LRP if they have previously availed of the first LRP in 2016,” Dooc noted.             To apply for LRP with penalty condonation, member-borrowers should bring their duly accomplished application form, Letter of Authority (LOA) if will be filed by an authorized representative, and valid identification cards.

Dooc also reminded its members that all SSS branches are now accepting scanned copies of LOA received through email by representatives of member-borrowers applying for the LRP.

“Authorized representatives are required to submit the email request of the member-borrower, scanned copies of LOA and member-borrower’s two valid IDs, photocopy of their two valid IDs and clear copy of email showing both the sender’s and recipient’s email address,” Dooc concluded.

 

 

SSS provides easier access thru Self Service Information Terminals

For faster access to their accounts, members of the Social Security System (SSS) can inquire on their contributions, loans, benefits, and ID information using the Self-Service Information Terminal (SSIT) located in SSS branches nationwide.           

Members can also use the SSIT for the following services: UMID card activation, salary loan application, maternity notifications (for self-employed/voluntary members), SSS Web registration, technical retirement application, Annual Confirmation of Pensioners (ACOP), change of contact information (for retiree-pensioners), and submission of feedback and concerns. In addition, the terminal provides access to the SSS Website and the agency’s Citizen’s Charter.           

To access their SSS account using the SSIT, scanning of the SSS ID or UMID card and fingerprint matching are required. Members can print acknowledgement receipts of their transactions.

SSS invests P3B to 3 domestic mutual funds

The state-run Social Security System (SSS) on Thursday said it invested P3 billion of its investment reserve fund (IRF) in three domestic mutual funds in the Philippines, the first time in the history of the pension fund.
SSS President and Chief Executive Officer Emmanuel F. Dooc said the pension fund invested P1 billion each in PhilEquity Fund Inc as managed by Philequity Management, Inc.; Sun Life of Canada Prosperity Balanced Fund, Inc. as managed by Sunlife Asset Management Company, Inc.; and Philippine Stock Index Fund Corp. as managed by BPI Investment Management, Inc starting last June 27.
“This is the first time in 61 years that the pension fund invested in mutual funds. The deployment of P3 billion in the domestic mutual funds, although modest in size relative to SSS’ size of about P500 billion is a significant first step in partnering with top local managers and has a lot of potential benefits,” Dooc said.
“This is a big step for the SSS. This is a part of broadening its market-intelligence sources, discovering best practices and learning new investing styles that may be highly suitable to SSS.  The competition brought about by performance-focused fund managers should result in improved total returns of the SSS funds,” he added.
Dooc added that the three mutual funds were chosen through a competitive and transparent evaluation process. The deployment of P3 billion was done in tranches from June 27 to July 4.
The Social Security Commission green lighted the accreditation of the three mutual fund companies on July 12, 2017 while the approval of the release of the P3-billion fund in six installments was on June 20, 2018.
 
“SSS’ investment in domestic mutual funds was made with due diligence and prudence in line with the basic principles of safety, good yield and liquidity,” Dooc said.
“The deployment is also a statement of confidence in the Philippine financial market.  While the capital markets may be in its usual 3rd quarter weakness brought about by inflation concerns and global trade-war, and the longer-term view of at least two years, the SSS is confident that its deployment in the three mutual funds will be rewarding,” Dooc added.
Under Republic Act 8282 or the Social Security Act of 1997, the pension fund is allowed to invest its reserve funds “in domestic or foreign mutual funds in existence for at least three years, provided, that such investments shall not exceed 20 percent of the IRF.”
The law also stated that investments in foreign mutual funds shall not exceed one percent of the IRF in the first year, which shall be increased by one percent for each succeeding year, but in no case shall it exceed 7.5 percent of the IRF.
SSS’ investment reserve fund as of end-March 2018 period stood at P498.633 billion wherein bulk of it or 41 percent is invested in government securities, 22 percent in equities, 17 percent in loans to members, 7 percent in bank deposits and corporate notes and bonds, and 6 percent in real estate.
Moreover, the SSS will soon start the bidding for outsourcing of nine local fund managers who will each manage P1-billion fund.
Results will be published within 90 days after opening of bids. The winning bidders will be given notices to proceed after the procurement process is completed,” Dooc concluded.

 

Marquez bid for SC justice post

MANILA – The Publishers Association of the Philippines, Inc. (PAPI) has thrown its unequivocal support for the appointment of the Supreme Court administrator Jose Midas P. Marquez as associate justice of the high tribunal. PAPI is presently headed by Nelson Santos as president.

PAPI is the fifth organization to endorse Marquez following the announcement and letters of support by the Philippine Judges Association (PJA), Philippine Trial Judges League (PTJL), Metropolitan and City Judges Association of the Philippines (MetCJAP), and the Philippine Association of Court Employees (PACE) to the Judicial and Bar Council (JBC).

Juan P. Dayang, PAPI chairman emeritus, said their group’s endorsement is an affirmation of their trust in Marquez’s experience in the high court, and in appreciation for his abiding concern in protecting the welfare and survival of community newspapers, particularly in the publications of judicial and legal notices.

Dayang said “in many PAPI previous engagements on various concerns, including issues affecting the press, Marquez has always been clear in his position relative to community journalists and the exercise of press freedom, something the media should also be proud of.”

A former president of the Manila Overseas Press Club (MOPC), Dayang stressed that the court administrator’s familiarity with the high tribunal and his supervisory function over lower court judges make him decidedly qualified to become a Supreme Court associate justice.

He also expressed regrets over the move of certain sectors that have raised opposition to Marquez for being shortlisted by the JBC roster.

Recently, in an effort to derail Marquez’s SC bid, Rjhay Laurea, founder of the Group of Unified Youth for Social Change, filed a complaint against on the supposed misuse of the $21.0-million loan from the World Bank.

Marquez, who was SC official spokesman under two chief justices, however, responded and said the project and its funds never passed through his office despite his numerous positions. “That was under the Program Management Office, which was never under my watch,” he explained.

Dayang noted that the move to remove Marquez from the JBC shortlist is not only suspicious given the timing of the complaint and use of a 2003 report as basis. His exclusion will also deprive the community press in the country of an able defender. ####