Risk Management

Pagibig Benefits

2019-05-15 15:46:50.0

As we check our payslip we see tax and other numbers deducted from our salary. We know that those deductions, including our Pag-IBIG contributions, are for our own good.

Think of them as forced savings, investments, and insurance that will help you and your family during the financial emergencies or when you buy a home.

We realize the value of paying the monthly contributions when we need to avail a benefit.

Below are the programs under Home Development Mutual Fund (HDMF) also known as Pag-IBIG.

1. Pag-IBIG Savings (Mandatory)
• Higher yield
• Tax-exempt
• Free from 20% withholding tax
• Government guaranteed
• 20-year membership period

2. Modified Pag-IBIG 2 (MP2)

Savings (Voluntary)

HIGHER INVESTMENT RETURN THROUGH MODIFIED

Pag-IBIG 2 (MP2) SAVINGS
• Higher yield vs regular Pag-IBIG savings
• Minimum of ?500 savings only
• Deposit anytime
• 5-Year maturity period

3. Multi-Purpose Loan IMMEDIATE ASSISTANCE THROUGH THE MULTI-PURPOSE LOAN PROGRAM
• Only 10.50% interest rate per annum
• Minor home improvement
• Livelihood
• Educational expenses
• Health and wellness
• Other purposes

4. Calamity Loan

EMERGENCY SUPPORT THROUGH THE CALAMITY LOAN PROGRAM

• Financial assistance to Pag-IBIG members In calamity-stricken areas.
• 5.95% Interest rate per annum (Lowest in the Market) PROVIDENT BENEFITS CLAIMS  
• Total Accumulated Value (TAV) can be withdrawn upon the occurrence of any of the grounds for termination of Fund membership.
• Membership Maturity
• Retirement
• Permanent Total Disability or Insanity
• Termination from service by reason of health
• Permanent departure from the country
• Death
• Any other reason as may be approved for by the
• Board of Trustees Pag-IBIG LOYALTY CARD   Up to 50% ON MEDICINES DISCOUNT *with partner pharmas & drugstores PESO POINTS on Groceries and Fuel *with Puregold and Petron Up to 15% ON TUITION FEES DISCOUNT *with partner schools