OWWA Omnibus Policies 2003

Created pursuant to the constitutional mandate to protect and promote overseas Filipino workers (OFW) welfare.
Established through various enabling laws including LOI No. 537, PD No. 1694 (as amended by PD No. 1809), EO 126, RA 8042, and EO 195.
Key objectives include protecting OFW interests, facilitating government labor code provisions, providing social services, ensuring fund sustainability, undertaking social and economic studies, and financing welfare projects.

Vision: Lead membership welfare institution serving member-OFWs with transparency and responsiveness.
Mission: Develop and implement programs and services ensuring fund viability to protect and promote OFW welfare.
Core value includes commitment to member satisfaction with timely and quality service.

Composed of a Board of Trustees (policy-making body) and Secretariat (implementing arm).
Board of Trustees is tripartite, representing government, management, labor-OFWs, and women sector.
Board responsibilities include approving policies, programs, budget, overseeing fund management, and ensuring objectives attainment.
Regular Board meetings held monthly with specified procedural rules and record-keeping.
Secretariat handles program management, fund investment, policy formulation, research, performance monitoring, and reports to the Board.
Administrator as CEO, supported by Deputy Administrator, oversees overall operations.

Membership obtained either upon POEA contract processing or voluntary registration at overseas job sites.
Membership effective upon payment and lasts for the contract duration or two years for voluntary members.
Membership renewal requires payment upon contract renewal or continuation.

Compulsory membership contribution fixed at USD 25 or equivalent governed by LOI No. 537.
Contributions accounted separately for sea-based and land-based workers.
Collected per contract by authorized officers at designated centers including POEA and OWWA offices locally and overseas.
Official receipts issued upon payment; daily deposits to designated bank accounts required.
Monthly reports on collections submitted; violations subject to administrative sanctions.

Establishes a single trust fund comprising membership contributions, investment income, and other revenues.
Allocates portion of contribution to insurance benefit fund.
Trust fund managed with prudence and invested in government securities, with portfolio management outsourced to government financial institutions.
Investment fund determined deducting operating and contingency allocations.
Plans formulated for medium-term investments ensuring growth and sustainability.
Assets acquired or foreclosed properly documented and managed.
Regular inventory, reporting, and safeguarding measures instituted.

Annual budget set to meet membership obligations and support fund growth.
Budget cap reviewed annually for fund viability.
Budget allocation ensures service costs do not exceed benefits cost.
If budget approval delayed, operations continue under prior year's budget on a month-to-month basis.
Annual work and financial plans prepared and submitted for approval.
Realignment and extraordinary fund requests subject to Board approval.
Delegation of authority by Administrator allowed.
Regional offices maintain books consolidated centrally.
Financial reports submitted quarterly and audited internally and externally.
Annual performance report submitted to Board and President.

Entitlement for a USD 25 membership includes insurance, loans, education, training, social services, and assistance.
Insurance coverages: life insurance, disability/dismemberment, total disability, burial benefits with specific monetary limits.
Loan Guarantee Fund provides Pre-Departure Loan and Family Assistance Loan coordinated with government financing institutions.
Education benefits comprise vocational scholarship, baccalaureate slots for dependents, and seafarers' upgrading programs with monetary allocations.
Social services include repatriation and reintegration programs with livelihood support.
On-site assistance covers counseling, legal aid, information dissemination, and representation.

Workforce valued as vital resource, development driven by sound HR practices and civil service rules.
Adherence to Code of Conduct and ethical standards required.
Personnel actions governed by relevant administrative codes and civil service regulations.
Commitment to continuous capacity building, job enrichment, performance appraisal, incentives, and employee relations.

Emphasis on real-time information sharing and IT capability enhancement.
Advocacy and social marketing programs to support member welfare.
Procurement governed by RA 9184 (Government Procurement Reform Act) including e-procurement.