The town's payments to Pag-IBIG did not match what was deducted from employees' salaries in many months. This happened because payroll records were processed late. It may cause problems for employees who need Pag-IBIG benefits.

Why It Matters

Recommended Actions

• Instruct the HRMO to submit in a timely manner the required payroll documents to ensure timely processing and recording of transactions in the books
• And MA and MT to continue to comply with the regulations on the withholding and remittance of premiums and loan amortizations within the prescribed period.

Original Audit Finding Excerpt

"As shown in the table above, the monthly remittances did not match the withheld amounts. This recurring issue arises due to timing differences in recording and submitting payroll documents for processing. Specifically, premiums and contributions deducted from payrolls in the second half of the month are recorded in the following month."

Source Document