Which function does the Virtual Pag-IBIG system NOT primarily offer?

Prepare for the CHRA Statutory Monetary Benefits Test. Quiz yourself with flashcards and multiple-choice questions that include hints and explanations. Ensure you're geared up for success in your exam with our comprehensive resources!

The Virtual Pag-IBIG system is primarily designed to facilitate various services connected to the Pag-IBIG Fund, a government-mandated savings program in the Philippines intended to provide housing finance support. Among its core functions are loan application processing, borrower eligibility evaluation, and access to different services of the Pag-IBIG Fund.

Employee payroll management, on the other hand, is not a function of the Virtual Pag-IBIG system. This task falls under human resource and payroll management systems, which handle employee remuneration, tax deductions, and benefits management. The Virtual Pag-IBIG's focus is specifically on providing services related to housing loans and savings, rather than managing payroll processes, which are typically conducted by separate systems within an organization. Therefore, the identification of employee payroll management as a function not primarily offered by the Virtual Pag-IBIG system aligns with the purpose and capabilities of the platform.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy