Monday, February 21, 2022

Modified Pag-IBIG 2 Savings (MP2) - Frequently Asked Questions

Modified Pag-IBIG 2 - Frequently Asked Questions

What is Pag-IBIG Fund MP2 Savings Program?

The Modified Pag-IBIG II (Pag-IBIG MP2) Savings Program is a special voluntary savings facility with a 5-year maturity, designed for active Pag-IBIG Fund members who wish to save more and earn higher dividends, in addition to their Pag-IBIG Regular Savings.  

What Are The KEY Features of the MP2 Savings Program?

Here are its Key Features:

  • Easy to save as members can save for only a minimum of P500 per remittance.
  • Earns higher dividends than the Pag-IBIG Regular Savings
  • Dividends are tax-free and can be withdrawn annually or after the 5-year maturity
  • MP2 Savings are government-guaranteed.

Who Can Save Under MP2?

    The MP2 Savings is open to active* Pag-IBIG Fund members.
        It is also open to:
        • Former Pag-IBIG Fund members (pensioners and retirees) with other sources of monthly income, regardless of age, and with at least 24 monthly savings prior to retirement.
        • Natural Born Filipinos, who reacquired their Filipino Citizenship pursuant to RA 9225 or the Citizenship Retention and Reacquisition Act of 2003, with at least 24 monthly savings prior to permanent migration to another country.
        *members with at least one (1) monthly savings (contribution) within the last six (6) months.

        How Can I Open an MP2 Savings Account?

        Is There a Minimum Amount that Should I Can Save in the MP2 Savings?

        Yes. The minimum MP2 savings is PhP500 per remittance.

        Can I Remit a One-Time Lump Sum Amount for the MP2 Savings 5-Year Period?

        Yes. You may choose to remit a one-time lump sum amount for the whole 5-year period of your MP2 Savings.

        Is There a Limit to the Amount that I Can Save?

        There is no limit. You can save as much as you want under MP2. However, should you make a one-time savings that exceeds P500,000.00, you shall be required to make such remittance via personal or Manager’s Check.

        Also, members with MP2 Savings of above P100,000.00 shall be required to submit proof of income or source/s of funds, based on the checklist found in the MP2 Savings Enrolment Form, which you may download by clicking: PFF226_ModifiedPagIBIGIIEnrollmentForm_V05.pdf (pagibigfund.gov.ph) 

        How Do I Save Under MP2?

        You may regularly save a minimum amount of PhP500 every month in your MP2 Savings Account. You may also opt for a one-time savings of a higher amount. 

        Here are the many ways you can save in the MP2

        1. Salary deduction, for those who are employed. Save in the MP2 through your employer who may deduct from your salary your monthly MP2 Savings which they shall then remitto Pag-IBIG Fund. 
        2. Online remittance, via:

        • Virtual Pag-IBIG at www.pagibigfundservices.com/virtualpagibig using your PayMaya eWallet, GCash eWallet or any debit or credit card powered by Visa, Mastercard or JCB,
        • Authorized online payment channels which include: 
          • GCash 
          • Moneygment App via Cashpinas 

          • Coins.ph via Bayad

          • PayMaya 
        • Over-the-counter (OTC) remittance, at:

        • Any Pag-IBIG Fund branch
        • Authorized collecting partners’ outlets or branches here in the Philippines, which include
          • Asia United Bank
          • Robinsons Bank
          • United Coconut Planters’ Bank
          • SM Business Centers
          • Bayad
          • M. Lhuillier
          • ECPay accredited merchants
        • Authorized collecting partners’ outlets or branches overseas, which include
          • Philippine National Bank
          • Asia United Bank
          • IRemit powered merchants
          • Ventaja powered merchants
          • Cashpinas powered merchants 

        Can I Open More than One (1) MP2 Savings Account?

        Yes. You are allowed to open and maintain multiple MP2 Savings Accounts.

        How Much Dividends Will my Savings Earn?

        Your MP2 savings earn tax-free dividends, at a rate higher than the dividend rate of the Pag-IBIG Fund Regular Savings Program.

        Pag-IBIG Fund sets aside at least seventy percent (70%) of its annual net income and credits it proportionately to its members’ Pag-IBIG Savings as dividends. This means that the more you save, the higher dividends you shall earn.

        In 2020, despite the challenges of the pandemic to our economy, the MP2 Savings earned a dividend rate of 6.12%. In 2021 MP2 Savings earned a dividend rate of 6.00%.

        Can I View my MP2 Savings Records Online?

        Where Does Pag-IBIG Fund Invest my Money?

        Pag-IBIG Fund invests at least 70% of its investible funds in housing finance, as required by its Charter. It also invests in government securities and corporate bonds.

        When can I Receive my MP2 Dividends?

        You can choose to receive your MP2 Dividends through any of the following options:

          • Upon full withdrawal of your MP2 Savings after its 5-year maturity period with your MP2 Dividends compounded annually;
          • Through annual pay-out with your MP2 Dividends credited to your savings or checking account enrolled in any of Pag-IBIG Fund accredited banks, such as the Land Bank of the Philippines (LBP), Development Bank of the Philippines (DBP), or other banks that the Pag-IBIG Fund may accredit in the future. For members who opt for annual dividend payout but have no Philippine bank account, especially in the case of overseas members, MP2 Dividends shall be released to them in the form of checks. 
          • For members who opt for an annual dividend payout but have no Philippine bank account, such as in the case of overseas members, their MP2 Savings Dividends shall be released via check.

        Can I Change my Dividend Payout Mode Before the Maturity of my MP2 Savings?

        • No. The dividend payout mode you choose upon your MP2 Savings application is fixed and shall be your payout mode during the 5-year savings period. You may, however, open another MP2 Savings account where you can choose your preferred dividend payout mode.

        Are my MP2 Savings Guaranteed?

        Yes, MP2 Savings are government-guaranteed. However, the annual dividends, may vary depending on several factors, such as Pag-IBIG Fund’s financial performance.

        Can I Claim my MP2 Savings?

        • You may now claim your MP2 Savings after its 5-year maturity, online, via the Virtual Pag-IBIG. Just visit Virtual Pag-IBIG by clicking here!
        • You may also opt to claim your MP2 Savings over-the-counter. Download and accomplish the Application for Provident Benefits (APB) form by started here, and submit it to the nearest Pag-IBIG Fund branch.

        What Dividend Rate will my MP2 Savings Have for its 5th and Final Year, When It Matures Before the Dividend Rate For That Year Is Determined?

        The dividend rate for your MP2 Savings on its 5th and final year shall be the dividend rate declared from the previous year or the latest available declared dividend rate. This shall allow you to earn dividends on your MP2 Savings for its entire 5-year period.

        What Will Happen to my MP2 Savings If It Is Not Claimed After Matures?

        MP2 savings which are unclaimed after its 5-year maturity will stop earning dividends under the MP2 Savings rate. It will however, keep earning dividends, based on the dividend rate of the Pag-IBIG Regular Savings for the next 2 years. After which, it shall stop earning dividends.

        Can I Withdraw my MP2 Savings Before It's 5-Year Maturity?

        Yes. You may pre-terminate and withdraw your MP2 Savings prior to its 5-year maturity, based on the following reasons:

        • For active Pag-IBIG members:
          • Total disability or insanity
          • Termination from employment due to health reasons
          • Retirement
          • Permanent migration to another country
          • Unemployment due to layoff or company closure
          • OFW repatriation from the host country
          • Death of the MP2 account holder, with the MP2 Savings to be received by the member’s beneficiaries
          • Critical illness of the MP2 account holder or an immediate family member, certified by a licensed physician, and subject to approval by Pag-IBIG Fund
          • Other meritorious grounds as may be approved by the Pag-IBIG Fund Board of Trustees
        • For Retirees and/or Pensioners:
          • Total disability or insanity
          • Death of the MP2 account holder, with the MP2 Savings to be received by the member’s beneficiaries
          • Critical illness of the MP2 account holder or an immediate family member, certified by a licensed physician, and subject to approval by Pag-IBIG Fund
          • Other meritorious grounds as may be approved by the Pag-IBIG Fund Board of Trustees
        • For members with compounded dividend payout on their MP2 Savings
          • Principal MP2 Savings;
          • 50% of the total dividends earned from prior years; and
          • 50% of the dividends for the current year, which shall be released after the dividends for the said year have been declared and credited.
        • For MP2 Savings with annual dividend payouts
          • Principal MP2 Savings, with 50% of the total dividends received from prior years to be deducted from proceeds; and
          • 50% of the dividends for the current year, which shall be released after the dividends for the said year have been declared and credited.

        Can I Re-apply for a new MP2 Savings Account Once my MP2 Savings Matures?

        Yes. Once your MP2 Savings reach the 5-year maturity period, you may re-apply for a new MP2 Savings Account.

        You may claim your MP2 Savings anytime upon maturity. If unclaimed, your MP2 Savings shall continue to earn dividends for two more years based on the dividend rates of the Pag-IBIG Fund Regular Savings Program. After the said period, it shall no longer earn dividends, and must be withdrawn or claimed.

        Where Can I Read More About the MP2 Savings Program?

        To know more about the MP2 Savings Program, you may download Pag-IBIG Fund Circular No. 407, Amended Guidelines on the Modified Pag-IBIG II (MP2) Membership Program by clicking here. AMENDED GUIDELINES FOR MODIFIED Pag-IBIG II (MP2) MEMBERSHIP PROGRAM.


        MP2 (Modified Pag-IBIG 2) Savings









        HERE IS HOW YOUR MP2 MAY GROW!
        *based on a 7.5% dividend rate

        FOR PHP500 MONTHLY SAVINGS
        Annual Dividend Payout
        Month CoveredMonthly Savings (MS)Accumulated MS per yearCumulative SavingsAnnual Dividend PayoutTotal Accumulated Value TAV)
        Jan-Dec 2020500.006,000.006,000.00243.756,000.00
        Jan-Dec 2021500.006,000.0012,000.00693.7512,000.00
        Jan-Dec 2022500.006,000.0018,000.001,143.7518,000.00
        Jan-Dec 2023500.006,000.0024,000.001,593.7524,000.00
        Jan-Dec 2024500.006,000.0030,000.002,043.7530,000.00
        TOTAL-30,000.00-5,718.7530,000.00

        Compounded Savings
        Month CoveredMonthly Savings (MS)Accumulated MS per yearCumulative SavingsDividend AmountTotal Accumulated Value TAV)
        Jan-Dec 2020500.006,000.006,000.00243.756,243.75
        Jan-Dec 2021500.006,000.0012,243.75712.0312,955.78
        Jan-Dec 2022500.006,000.0018,955.781,215.4320,171.21
        Jan-Dec 2023500.006,000.0026,171.211,756.5927,927.81
        Jan-Dec 2024500.006,000.0033,927.812,338.3436,266.14
        TOTAL-30,000.00-6,266.1436,266.14

        PHP1,000 MONTHLY SAVINGS
        Annual Dividend Payout
        Month CoveredMonthly Savings (MS)Accumulated MS per yearCumulative SavingsAnnual Dividend PayoutTotal Accumulated Value TAV)
        Jan-Dec 20201,000.0012,000.0012,000.00487.5012,000.00
        Jan-Dec 20211,000.0012,000.0024,000.001,387.5024,000.00
        Jan-Dec 20221,000.0012,000.0036,000.002,287.5036,000.00
        Jan-Dec 20231,000.0012,000.0048,000.003,187.5048,000.00
        Jan-Dec 20241,000.0012,000.0060,000.004,087.5060,000.00
        TOTAL-60,000.00-11,437.5060,000.00

        Compounded Savings
        Month CoveredMonthly Savings (MS)Accumulated MS per yearCumulative SavingsDividend AmountTotal Accumulated Value TAV)
        Jan-Dec 20201,000.0012,000.0012,000.00487.5012,487.50
        Jan-Dec 20211,000.0012,000.0024,487.501,424.0625,911.56
        Jan-Dec 20221,000.0012,000.0037,911.562,430.8740,342.43
        Jan-Dec 20231,000.0012,000.0052,342.433,513.1855,855.61
        Jan-Dec 20241,000.0012,000.0067,855.614,676.6772,532.28
        TOTAL-60,000.00-12,532.2872,532.28

        PHP1MILLION (ONE-TIME SAVINGS)
        Annual Dividend Payout
        Month CoveredMonthly Savings (MS)Accumulated MS per yearCumulative SavingsAnnual Dividend PayoutTotal Accumulated Value TAV)
        Jan-Dec 20201,000,000.001,000,000.001,000,000.0075,000.001,000,000.00
        Jan-Dec 20210.000.001,000,000.0075,000.001,000,000.00
        Jan-Dec 20220.000.001,000,000.0075,000.001,000,000.00
        Jan-Dec 20230.000.001,000,000.0075,000.001,000,000.00
        Jan-Dec 20240.000.001,000,000.0075,000.001,000,000.00
        TOTAL-1,000,000.00-375,000.001,000,000.00

        Compounded Savings
        Month CoveredMonthly Savings (MS)Accumulated MS per yearCumulative SavingsDividend AmountTotal Accumulated Value TAV)
        Jan-Dec 20201,000,000.001,000,000.001,000,000.0075,000.001,075,000.00
        Jan-Dec 20210.000.001,075,000.0080,625.001,155,625.00
        Jan-Dec 20220.000.001,155,625.0086,671.881,242,296.88
        Jan-Dec 20230.000.001,242,296.8893,172.271,335,469.14
        Jan-Dec 20240.000.001,335,469.14100,160.191,435,629.33
        TOTAL-1,000,000.00-435,629.331,435,629.33


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        Pag-IBIG Regular Savings FAQs

        Regular Savings - Frequently Asked Questions

        What is the Pag-IBIG Regular Savings Program?

        This is where your mandatory monthly membership savings (contributions) go!

        The Pag-IBIG Regular Savings is a secure and convenient savings facility that gives you high annual dividend earnings to help secure your future. This is because you can eventually withdraw your savings after membership maturity of 20 years, retirement and other grounds.

        How much should I save monthly?

        The Pag-IBIG monthly membership savings is pegged at just Php400. Employed members immediately double their monthly savings with the counterpart share of their employees.

        Your savings grows even more with the dividends it earns annually.

        You may wish to save more than Php400 monthly so that you can save more and earn more.

        Ano ang dagdag na mga benepisyo para sa miyembro mula sa mas mataas na buwanang hulog sa Pag-IBIG?

        Sa pagtaas ng buwanang hulog ng bawat miyembro, dodoble ang kaniyang buwanang naiipon at ang kaniyang taunang dibidendo sa kanyang impok sa Pag-IBIG Fund na kung tawagin ay Pag-IBIG Regular Savings na kanyang matatanggap ng buo sa oras na mag-mature ang kaniyang membership, sa kanyang retirement at sa iba pang mga kadahilanan.

        Ito ay dahil simula Pebrero 2024, ang kasalukuyang hulog na P100 ng bawat miyembro at P100 ng kaniyang employer ay parehong magiging P200 na. Kaya’t ang kabuuang buwanang hulog magmula Pebrero na magiging ipon ng isang miyembro sa kanyang Pag-IBIG Regular Savings ay magiging P400.

        Dahil dito, tataas din ang maaari niyang mahiram sa ilalim ng Pag-IBIG Multi-Purpose Loan, dahil mas malaki na din ang kaniyang Pag-IBIG Regular Savings na siyang basehan ng kanyang mahihiram.

        Patuloy ding magiging mababa ang interes sa Pag-IBIG Housing Loan dahil lalong lalakas ang kaming kakayanang pondohan ang mga loans ng aming mga miyembro. At, bunga ng dagdag na koleksyon, mas marami kaming mga miyembrong mapapautang sa mababang interes sa ilalim ng Pambansang Pabahay para sa Pilipino Program ng ating pamahalaan, para magkaroon sila at ang kanilang pamilya ng sarili nilang bahay. 

        Ano ang dahilan kung bakit kailangang magtaas ang buwanang hulog sa Pag-IBIG?

        Batid ng Pag-IBIG Fund na kinakailangan ng pataasin ang mga benepisyong natatanggap ng mga miyembro, kabilang dito ang kanilang naiipon sa kanilang Pag-IBIG Regular Savings at ang kanilang maaaring mahiram sa Pag-IBIG Multi-Purpose Loan. Ito ang dahilan kung bakit nararapat ang pagtaas ng hulog.

        Ang dating buwanang hulog sa Pag-IBIG Fund na P100 mula sa miyembro ay P100 mula sa employer ay itinakda noon pang 1986 at sa loob ng halos apat na dekada ay hindi na nagtaas o nagbago. Dahil dito, ang halagang naiipon ng mga miyembro ay hindi na tumaas at hindi na sumabay sa inflation at sa pagbabago ng presyo ng mga bilihin. Sa katunayan, ayon sa Consumer Price Index as of September 2023, ang halaga ng P200 noong 1986 ay P1,733 na ang katumbas sa ngayon.

        Ito rin ay upang matugunan ang inaasahang halaga na hihiramin ng mga miyembro sa Pag-IBIG Fund at mapanatiling mababa ang interes at abot-kaya ang buwanang bayad sa Pag-IBIG Housing Loan.

        Magkano ang itataas ng buwanang hulog sa Pag-IBIG at kailan ito magsisimula?

        Simula Pebrero 2024, ang buwanang hulog sa Pag-IBIG ay P400 na.Ito ay binubuo ng P200 na mula sa miyembro na tatapatan ng kanyang employer ng P200.

        Ang halagang ito ay nakabatay sa dalawang porsyento (2%) ng Maximum Fund Salary o MFS na ngayon na nasa P10,000 (2% x P10,000 = P200).

        Gayunpaman, maaaring maghulog ang miyembro ng higit sa halagang ito. Ang bawat hulog sa Pag-IBIG ay ipon ng miyembro, na taun-taon ay may tubong dibidendo, at buong ibabalik sa oras na ito ay mag-mature, magretiro ang miyembro o sa iba pang kadahilanan.

        Sakop ba ng pagtaas ng buwanang hulog sa Pag-IBIG ang mga Overseas Filipino Workers (OFWs)?

        Opo. Kasama ang mga OFWs sa ilalim ng bagong buwanang hulog sa Pag-IBIG Fund.

        Simula Pebrero 2024, ang buwanang hulog ng mga OFW members ay P200 na, mula sa dating P100. Para sa mga OFWs na may Philippine employers tulad ng mga seafarers, ang kanilang hulog ay tatapatan ng kanilang mga employers ng katumbas na P200.

        Gayunpaman, maaaring maghulog ang miyembro ng higit sa halagang ito. Tandaan, mas malaki ang ipon, mas malaki ang halagang pagbabasehan ng kikitaing dibidendo, mas malaki din ang maiipon at makukuhang halaga sa panahon na mag-magture ang ipon o sa oras na magretiro.

        Kasama din ba sa pagtaas ng buwanang hulog sa Pag-IBIG ang mga self-employed members?

        Opo. Kasama ang mga self-employed sa ilalim ng bagong buwanang hulog sa Pag-IBIG Fund.

        Simula Pebrero 2024, ang buwanang hulog ng mga self-employed members ay P400 na, mula sa dating P200.

        Gayunpaman, maaaring maghulog ang miyembro ng higit sa halagang ito. Tandaan, mas malaki ang ipon, mas malaki ang halagang pagbabasehan ng kikitaing dibidendo, mas malaki din ang maiipon at makukuhang halaga sa panahon na magmagture ang ipon o sa oras na magretiro.

        Magkano ang aking magiging buwanang hulog kung sakaling hindi umabot sa P10,000 ang aking sahod sa isang buwan?

        Kung sakaling ang kinita ng isang miyembro sa isang buwan ay hindi umabot sa P10,000, ang batayan ng kaniyang hulog at ang hulog ng kanyang employer para sa nasabing buwan ay dalawang porsyento (2%) ng halaga ng kanyang kinita.

        Ang buwanang hulog ko sa Pag-IBIG ay dati ko nang itinaas. Ano ang magiging epekto ng pagtaas ng buwanang hulog sa kasalukuyang halaga na aking ihinuhulog?

        Kung ang iyong buwanang hulog ay P200 o higit pa, ito ay umaayon na sa kinakailangan mong ihulog sa Pag-IBIG. At, kung ikaw ay isang empleyado – mapapribado o publikong sektor man – ang iyong employer ay kinakailangang maghulog ng P200 kada buwan para sa iyo simula Pebrero 2024.

        Gayunpaman, maaaring maghulog ang miyembro ng higit sa halagang ito. Tandaan na ang bawat hulog sa Pag-IBIG ay ipon ng miyembro, na taun-taon ay may tubong dibidendo, at buong ibabalik sa oras na ito ay magmature, magretiro ang miyembro o sa iba pang kadahilanan.

        Paano kung hindi tumupad ang aking kumpanya o employer sa pagtaas ng buwanang hulog ko sa Pag-IBIG?

        Ayon sa batas, ang pagtanggi o hindi pagtupad ng isang employer sa pagpaparehistro ng miyembro, pagkolekta ng kabuuang buwanang hulog at ang pag-remit nito sa Pag-IBIG sa nakatakdang panahon ay may kaukulang multa at parusa.

        Kung sakaling ang iyong employer o kumpanya ay hindi tumupad sa bagong buwanang hulog sa Pag-IBIG simula Pebrero 2024, maaari itong ipagbigay alam sa alinmang tanggapan ng Pag-IBIG Fund, sa pagtawag sa (02)87-244244, o sa pag-email sa contactus@pagibigfund.gov.ph.

        Nagsagawa ba ng konsultasyon sa mga miyembro ang Pag-IBIG Fund bago ipatupad ang pagtaas ng buwanang hulog?

        Ang pagpapatupad ngayong Pebrero 2024 ng bagong buwanang hulog sa Pag-IBIG Fund ay dumaan sa konsultasyon at umani ng suporta mula sa mga organisasyong kumakatawan sa mga miyembro at business community. Kabilang dito ang Trade Union Congress of the Philippines (TUCP), Federation of Free Workers (FFW), Philippine Government Employees’ Association (PGEA), Kapisanan ng mga Kamag-anak at Migranteng Manggagawang Pilipino, Inc. (KAKAMMPI), Kabalikat ng Migranteng Pilipino, Inc. (KAMPI), Kaibigan ng mga OCWs, at iba pang organisasyong kumakatawan sa mga OFWs, at ng Employers’ Confederation of the Philippines (ECOP).

        Sa katunayan, simula pa noong taong 2019 ay nakamit na ng Pag-IBIG Fund ang pag-sang-ayon at suporta ng mga labor at employer groups, pati ng mga organisasyong kumakatawan ng mga Overseas Filipino Workers, sa pagtaas ng buwanang hulog ng mga miyembro.

        Ngunit, bunsod ng mga hamon na dala ng pandemya sa ating ekonomiya, at bilang pagtugon sa panawagan ng Pangulong Marcos nitong taong 2023, ipinagpaliban ang pagpapatupad ng pagtaas ng buwanang hulog sa Pag-IBIG sa tatlong magkakasunod na taon na 2021, 2022 at 2023.

        Makakaasa ba ako na mapangangalagaan ng Pag-IBIG ang lahat ng aking ihinuhulog?

        Opo, lubos kayong makakaasa na pangangalagaan ng Pag-IBIG Fund ang bawat hulog mo, ang bawat hulog ng miyembro.

        Matutuwa kayong malaman na noong taong 2023 ay nakapagtala ang Pag-IBIG Fund ng net income na P44.5 bilyon, nakapagpahiram ng kabuuang halaga na P170 bilyon sa housing at cash loans na nakatulong sa 2.71 milyon na mga miyembro, at nakapag-credit ng dibidendo para sa ipon ng mga miyembro sa halagang P42.7 bilyon. Ang mga natamo na ito ng Pag-IBIG Fund ang mga pinakamataas sa kasaysayan nito

        Maliban po dito, ang Pag-IBIG Fund ay nakakuha na ng labing-isang sunud-sunod na Unqualified at Unmodified Opinions mula Commission on Audit mula taong 2012 hanggang 2022, na nagpapatunay na ang financial records nito ay nasa wasto at naayon sa applicable financial reporting frameworks. Ang mga ito ay ilan lamang sa mga patunay sa mahusay at maigting na pangangalaga ng Pag-IBIG Fund sa bawat hulog ng lahat ng miyembro.

        How does one pay or remit their monthly membership savings to Pag-IBIG Fund?

        The monthly savings of formally-employed members are done by and through their employers. Their employers are responsible in remitting their member savings, and their employer counterpart share to Pag-IBIG Fund on a monthly basis.

        Self-employed members and Overseas Filipino Workers may save via Virtual Pag-IBIG, at any Pag-IBIG Fund branch or through any of our authorized collecting partners’ outlets or online payment channels.

        Employed members who wish to top-up or add to their monthly membership savings may do so through their employers or by saving through the above payment channels.

        Can I top up my Pag-IBIG Regular Savings so that I can save more and earn more dividends?

        Yes! Save more and earn higher dividends with your Pag-IBIG Regular Savings by increasing your monthly savings. The more you save, the higher dividends you get!

        If you are employed, top-up or add to your monthly membership savings through your employer by submitting the “Request for Upgrading of Savings” form. You may also top-up your savings via Virtual Pag-IBIG, at any Pag-IBIG Fund branch or through any of our authorized collecting partners’ outlets or online payment channels.

        If you are self-employed or an Overseas Filipino Worker, you may top-up your Pag-IBIG Regular Savings anytime using the above payment channels.

        How much dividends do my Pag-IBIG Regular Savings earn?

        Pag-IBIG Fund sets aside at least seventy percent (70%) of its annual net income and credits it proportionately to its members’ Pag-IBIG Savings as dividends. This means that the more you save, the higher dividends you shall earn.

        In 2020, despite the challenges of the pandemic to our economy, the Pag-IBIG Regular Savings earned a dividend rate of 5.62%.

        Can I view my Pag-IBIG Regular Savings records online?

        Yes! You can view your Pag-IBIG Regular Savings online, via Virtual Pag-IBIG. Simply create your Virtual Pag-IBIG account for you to view your Regular Savings, including the annual dividends it has earned.

        When can I withdraw my Pag-IBIG Regular Savings?

        You may withdraw your Pag-IBIG Regular Savings upon the occurrence of certain grounds. These include the following:

          • Membership maturity after 20 years, equivalent to 240 monthly contributions
          • Retirement at age 60 (optional retirement age) or at 65 (mandatory retirement age);
          • Separation from service due to health reasons
          • Permanent departure from the country
          • Permanent and total disability or insanity
          • Critical illness of the member or any of immediate family member, as certified by a licensed physician; or
          • Member’s death, in which case the member’s legal heirs will receive his/her total Pag-IBIG Regular Savings plus an additional cash benefit of not more than P6,000.

        Is the return of my Pag-IBIG Regular Savings guaranteed?

        Yes, the return of your Pag-IBIG Regular Savings once these can be withdrawn is government-guaranteed.

        Where can I read more about the Pag-IBIG Regular Savings?

        To know more about the Pag-IBIG Regular Savings, you may download HDMF Circular No. 274, Revised Guidelines on Pag-IBIG Fund Membership by CLICKING HERE!

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        Pag-IBIG Savings Program

         


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