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OFW Advisory

Advisories from OWWA: New Contribution Rate, Pangkabuhayan Package

  OWWA,  Apr 4, 2008

OWWA Contribution Now At PhP 1028.925

 

The OWWA contribution is now pegged at PhP1028.925 for the month of April 2008. This is pursuant to OWWA Resolution No. 38 dated December 17, 2007, series of 2007, which institutionalized a mechanism for the collection of OWWA membership fee on its local currency equivalent.

 

Said resolution is applied retroactively to benefit OFWs who paid the OWWA membership contribution at the old exchange rate for the period January 1 to December 18, 2007. OWWA contributors during the period will be issued credit memoranda entitling the bearer OWWA member to an extended OWWA membership for a period of three (3) months beyond the two-year (24 months) maximum entitlement to OWWA programs and services. These members will be notified in writing of their entitlement to the said credit memorandum.

 

The exchange rate used (PhP41.157 = US$1.00) is based on the average dollar-peso of the preceding month, as determined by the Bangko Sentral ng Pilipinas.

 

Advisory To All OFWs on Pangkabuhayan Package

 

Please be informed that text messages are being sent by a certain Ms. Jo-Ann Castilllo to innocent OFWs informing them that they have won a Pangkabuhayan Package for OFWs.

 

Ms. Castillo, who is said to be connected with CF Philippines with office address at Tower I, Room 803, 3264 RCBC Plaza, Makati City, informs the would-be OFW victim that he/she can claim the package at her office. Ms. Castillo’s contact number is 0919-6565968.

 

We wish to inform the public that OWWA is not, in one way or the other, connected to the "Pangkabuhayan Package for OFWs", nor has any knowledge in Ms. Castillo’s offerings or activities.

 

 

 

 

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