Establishment of Govt Provident Funds EO 641

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EXECUTIVE ORDER NO. 641: Establishment of Govt Provident Funds EO 641

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Title Source: Supreme Court: Establishment of Govt Provident Funds EO 641

Law: Executive Order No. 641

Decision Date: Jul 25, 2007

Executive Order No. 641 authorizes the establishment of Provident Funds in government agencies in the Philippines, serving as a savings and loan credit facility for officials and employees, with funding from contributions and other legal sources, and managed by a Board of Trustees responsible for administering the Fund and enforcing rules and regulations.

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