The document establishes the Provident Fund for employees of the Department of Environment and Natural Resources (DENR) in the Philippines. It outlines the legal basis, objectives, policies, funding sources, administration, accounting/auditing requirements for the Provident Fund. The Provident Fund will be managed by a voluntary Board of Trustees with equal representation from employees and management. The fund will serve as savings and credit for employees and provide welfare benefits like emergency aid, education support, and hospitalization.

1. ESTABLISHMENT OF THE DENR PROVIDENT FUND SECRETARY RAMON J. P. PAJE EMPLOYEE WELFARE AND BENEFITS PROGRAM “ MAY BUKAS PA SA PROBIDENSYA ”