Following the passing of a bill in the Senate to liberalize numerous sectors, notably the…
Foreign retirees in the Philippines are being closely monitored by the government.
The government is beefing up its oversight of foreign nationals’ economic activities, including pensioners, even as the country continues to allow foreign workers in despite the pandemic.
Last Monday, the Department of Labor and Employment (DOLE) and the Philippine Retirement Authority (PRetA) inked a memorandum of arrangement (MOA) at the DOLE Central Office authorizing the unfettered interchange of foreign national data between the two organizations.
“This data-sharing agreement will facilitate information exchange between DOLE and PRetA for better coordination, rendering of services, and monitoring of foreign nationals within our purview,” Labor Secretary Silvestre Bello III said in a statement on Sunday, highlighting the two agencies’ shared goal of monitoring foreign nationals’ economic activities in the country.
Under the terms of the agreement, PRetA can now use DOLE’s Alien Work Permit (AEP) database to check the employment information of their Special Resident Retiree’s Visa (SRRV) holders or foreign nationals who choose to retire in the Philippines.
To allow a foreign national to work in the Philippines, the labor department grants an AEP.
PRetA General Manager and Chief Executive Officer Bienvenido K. Chy added, “The pressing problems of the pandemic impel us to generate solidarity and cooperation in promoting and monitoring the employment activities of foreign nationals in our country.”
The sharing of job information/data will occur quarterly, according to the MOA, via electronic mail or other forms of data transfer agreed upon by both parties.
DOLE Undersecretary Renato Ebarle, Assistant Secretary Dominique Tutay, and PRetA Management Services Department Manager Antonio V. Rivera were also present at the signing ceremony.