Voluntary Housing Contribution System Law

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PRESIDENTIAL DECREE NO. 1530: Voluntary Housing Contribution System Law

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Title Source: Supreme Court: Voluntary Housing Contribution System Law

Law: Presidential Decree No. 1530

Decision Date: Jun 11, 1978

To address the housing shortage in the Philippines, Presidential Decree No. 1530 establishes a voluntary contribution system for government and private employees, creating Home Development Mutual Funds administered by the GSIS and SSS, allowing members to apply for housing loans and receive tax-exempt benefits.

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