Pursuant to the approval of the Pag-IBIG Fund Board of Trustees in its 299^th meeting held last 13 December 2013, the following policies are hereby issued:

1. The deadline for registration of Kasambahays shall be extended until 29 December 2014. The non-imposition of penalties to complying employers shall likewise be extended until the said date. Said employers shall remit the corresponding monthly Mandatory Savings due reckoned from the first month after the date of employment of the Kasambahay or 4 June 2013, whichever comes later.
2. If the employer registers his Kasambahay after 29 December 2014, he shall be charged with the corresponding penalties on the amount due, reckoned from the first month after the date of employment of the Kasambahay or 4 June 2013, whichever comes later, up to the actual date of settlement.

All other terms and conditions of Circular No. 331, or the Guidelines on the Membership of Kasambahays, that are not inconsistent with the above provisions shall continue to be in full force and effect.

Please be guided accordingly.

(SGD) ATTY. DARLENE MARIE B. BERBERABE
Chief Executive Officer