The town took money from employee pay for Pag-IBIG (housing fund) but sometimes paid too much or too little to Pag-IBIG. The mismatches happened because of timing delays in payroll processing, but the remaining balance was paid in January 2025.

Why It Matters

Recommended Actions

• Require the HRMO Chief and the MA to: (a) continue to comply with regulations on the withholding and remitting premiums and loan payments within the prescribed period
• And (b) reassess and improve the payroll processing and recording to identify areas for improvement to minimize delays and reduce inconsistencies.

Original Audit Finding Excerpt

"However, discrepancies were noted between the amounts withheld and remitted in CY 2024 indicating lapses in internal control, contrary to Sections 2 and 3, Rule VII of the same Act."

Source Document