The government compensates police officers for their services by paying them a salary. Also, the law discourages government employees from an ostentatious display of wealth and living a luxurious lifestyle. But in reality, most law enforcers have just enough to live a comfortable life. As such, officers welcome (with much appreciation) any news related to finance and additional benefits.

FINANCE & LIFESTYLE POLICE & COMMUNITY

AFPMBAI ACCEPTS ONLINE LOAN APPLICATION

The Armed Forces and Police Mutual Benefit Association, Inc. or AFPMBAI announced on its Facebook page that they are now accepting online loan application. AFPMBAI is an organized mutual benefit association that provides security, protection and meaningful financial solutions for the uniformed services of the Philippines and their families. Based on the announcement, you may […]

FINANCE & LIFESTYLE POLICE & COMMUNITY

PSMBFI LAUNCHES PANTAWID COVID PROGRAM, MEMBERS TO RECEIVE 5K

The Public Safety Mutual Benefit Fund, Inc or PSMBFI launched its Pantawid Covid Program through “Tulong Handog sa mga Miyembro: Covid 19 Crisis” as a way of helping its members in this critical period. FOR PNP MEMBERS Under the program, PSMBFI members from the PNP shall receive P5,000 each as financial assistance to defray their […]

FINANCE & LIFESTYLE POLICE ISSUES POLITICS & GOVERNANCE

A Law Mandating AT LEAST 30 DAYS GRACE PERIOD ON LOAN PAYMENTS to be Signed by President Duterte

Dahil nagmamatigas ang ibang mga Financial Institutions, na ayaw mag-kawang gawa at magbigay ng Blanket Moratorium or Grace Period on Loan Payment Collection, MAY GOOD NEWS AKO SA INYO. Alam ko nababalitaan nyo yung emergency session sa Senate at House of Representatives to give the President emergency powers. Yun lang kasi ang naka-highlight sa news. […]

FINANCE & LIFESTYLE NEWS POLICE & COMMUNITY

BREAKING! AFPSLAI SUSPENDS 1 MONTH LOAN PAYMENT COLLECTION

A photo circulated online, as of the late night of 24 March 2020, showed a message from AFPSLAI President and CEO declaring that the financial institution will suspend the loan payment collection from its members. In a “Message of the President & CEO”, MGEN ESMERALDO C MAGNAYE AFP (Ret) announced that they know the COVID-19 […]

POLICE ISSUES SALARY INCREASE

SRI Update: Land Bank Says Message Circulated in Social Media NOT TRUE

The LAND BANK of the Philippines issued a Client Advisory to address the message circulating in the social media regarding the supposed reason why the SRI is not yet credited in the individual accounts. The said message purports that the reason why the SRI is still not credited to individual accounts is because of the […]

FINANCE & LIFESTYLE POLICE ISSUES

COPS GET YEAREND BONUS

OIC PNP, Police Lieutenant General Archie Francisco F Gamboa has approved the release of P7.4Billion pesos for the year-end bonus of its personnel today, November 15. Following the directive, PMGEN Jose Victor Ramos, Director for Comptrollership said about P7,481,118,702.86 pesos was allotted for the 2019 year-end bonus of 205,189 uniformed and non-uniformed PNP personnel nationwide. […]