Your Complete Guide To Pag-IBIG Registration And Membership

What is the Pag-IBIG fund?

The Pag-IBIG Fund is a national savings program that was created to provide affordable home loans for Filipinos. This program is also known as The Home Development Mutual Fund (abbreviated as HDMF), which is a government-owned and controlled corporation under the Housing and Urban Development Coordinating Council. 

A Pag-IBIG fund’s primary purpose is to provide house loans to Pag-IBIG members, enabling them to purchase a brand-new property, fully developed or adjoining lots that do not exceed 1,000 square meters, a residential house and lot, condominium, or townhouse. You can also use a Pag-IBIG house loan to complete construction, or refinance your current home. 

With a Pag-IBIG housing loan, you can obtain financing up to ₱6,000,000.00, and get a maximum repayment term of 30 years. The amount you are approved for will depend on your need, capacity to pay, and loan-to-appraisal value ratio.

What are the benefits of being a Pag-IBIG member?

Pag-IBIG Fund members will be entitled to the following services:
  • Multi-Purpose Loan 
  • Affordable Housing Program 
  • End-User Home Financing Program 
  • Provident Savings 
  • Modified Pag-IBIG II (MP2) Program 
  • Calamity Loan Program

How does the Pag-IBIG fund work?

In order to take advantage of Pag-IBIG’s services, members should have at least 24 months worth of consistent monthly contribution (premium). For most employed individuals, this is automatically deducted from their salary as part of their monthly statutory benefits. Self-employed individuals, on the other hand, have to pay the monthly premium themselves.

Is it a requirement to be a Pag-IBIG Fund member?

In 2009, under RA 9679, PAG-IBIG membership is mandatory to all employees that are covered by the Social Security System (SSS) and Government Service Insurance System (GSIS). The good thing being a member of the PAG – IBIG Fund is that you can withdraw your savings after 2 decades of membership, after completing a total of 240 monthly contributions. 

PAG-IBIG Fund has been known to provide housing loans to its members. This enables them to have enough money to pay for their dream house. Borrowers then pay PAG-IBIG for their housing loan with a reasonable amount for an extended time.

What made PAG-IBIG Fund practical today is the fact that you can borrow short term loans from them. The purpose of a PAG IBIG Loan is to provide financial assistance to members who need livelihood, medical and even educational assistance. Borrowing money from PAG-IBIG Fund is convenient considering the minimal deductions that you will have to bear.

How can I get a Pag-IBIG number and become a member?

A Pag-IBIG number is provided to an individual after his or her membership registration. Traditionally, registration is done in a Pag-IBIG branch office. Today, Pag-IBIG has set up an online system for all transactions concerning their services including registration. 

What are the requirements to be a Pag-IBIG member?

Pag-IBIG Fund registration impose different document requirement for different types of members according to their employment status. Depending on your current type of employment, you will need the following: 

Employed individuals

Individuals with formal employment are automatically applied for a Pag-IBIG membership by their company. Their employer will basically run the paper works and will simply ask for basic documentation like valid IDs. For the most part, there won’t be much paperwork to do by the formally employed individual since a Pag-IBIG contribution by the employer and its employees is mandated by the state. 

Voluntary members

There are various types of voluntary members and each will come with their own set of requirements which are as follows:
  • Self-paying employee
  • Formally employed individuals who just want to pay their Pag-IBIG contributions on their own.
  • Company ID
  • Certificate of Employment and Compensation
  • Latest Pay Slip
  • Self-employed

Small business owners, professionals, freelancers, and consultants belong to this category.

  • Latest Income Tax Return with a CPA-certified Financial Statement from the previous year 
  • Two (2) 1×1 ID photos >Certificate of Remittance or ESAV (this for old members) 
  • Mayor’s Permit or Business Permit 
  • DTI or SEC Registration (under the person’s name)

Self-employed professionals

Government licensed professionals such as lawyers, physicians, dentists, and etc. who are doing private practice. 

  • PRC or BAR License
  • Latest ITR from the previous year
  • Certificate of Remittance or ESAV (this is for old members)
  • Two (2) 1×1 ID photos
  • Overseas Filipino Workers (OFWs)– these are reactivating members.
  • Valid and latest Contract of Employment (has original POEA stamp)
  • POEA License, passport, or any valid ID
  • Certificate of Remittance or ESAV
  • Two (2) 1×1 ID photos
  • Special Power of Attorney – if a representative will submit the requirements and pay the contributions.

Unemployed Spouse

An unemployed individual whose spouse of a Pag-IBIG member. 

  • Affidavit of Unemployment
  • Certificate of Employment and Compensation of the member-spouse
  • Written consent from the member-spouse

Franchise Holders or Operators

Entrepreneurs who run a franchised business.

  • Latest ITR from the previous year
  • Franchise Permit (under the person’s name)
  • Car Registration or Official Receipt (under the person’s name)
  • Certificate of Remittance or ESAV
  • Two (2) 1×1 ID photos

 Member-Spouse with Business– this is same to no. 5, but here, the member-spouse has a business.

  • DTI or SEC Registration
  • Mayor’s Permit or Business Permit
  • Affidavit of Unemployment
  • Latest ITR (from the previous year)
  • Certificate of Employment and Compensation of the member-spouse (must be notarized)
  • Written consent from the member-spouse
  • Two (2) 1×1 ID photos

Unemployed (reactivating members)

Unemployed individuals

Affidavit of Unemployment

Voluntary membership registration

  1. Submit two copies of MDF and other supporting requirements to the Marketing and Enforcement Division of the local Pag-IBIG branch. The original documents should also be brought for authentication.
  2. Get a Payment Order Form (POF) from the said office, and go to the Cash Division to pay for Membership Contribution.
  3. Present stamped or verified documents to the Marketing and Enforcement Division.
  4. Secure a POF before going to the Cash Division for the contribution payment.

Pag-IBIG online registration

Pag-IBIG online is the agency’s official website that extends its services to members via the internet. You can find announcements, relevant information, and download Pag-IBIG forms through their website. Members can also access their Pag-IBIG account,monitor their Pag-IBIG monthly contributions through this portal, and apply for services that Pag-IBIG related services.

How can I check my monthly Pag-IBIG contribution or verify my pag-IBIG number?

Pag-IBIG has set up different channels for members to keep track of their monthly contributions or verify you Pag-IBIG number, here are your options:

  • Log on to their website and log in to your account or create one if you haven’t yet.
  • Contact their 24/76 hotline: 724-4244
  • Pag-IBIG branch near you.

How much is the Pag-IBIG monthly contribution?

The monthly premium for a person’s Pag-IBIG membership will be based on the individual’s monthly income. Formally employed individuals will be paying the entirety of the monthly contribution.

How can I calculate my Pag-IBIG contribution? 

As shown in the table able, self-employed individuals will only be paying 2% (at most) of theirmonthly income. Meanwhile the employer will shoulder the other portion of the monthly contribution (which is also 2% of the employee’s income).

Self-employed individuals will be paying for both portions (employee and employer share), summing up their monthly contribution to 3% to 4%. Below is a quick example compuation of both employed and self employed.

Salary – ₱20,000
Pag-ibig contribution (2% of salary) – ₱400
Employer share (2% of salary) ₱400

Self-employed or voluntary members
Monthly income – ₱50,000
Pag-ibig contribution (4% of monthly income) – ₱2,000

Can I still get my Pag-IBIG contribution?

Pag-IBIG Fund guarantees the refund of member’s total accumulated savings (TAV), which consists of the member’s accumulated contributions, the employer counterpart contributions (if any) and the dividend earnings credited to the member’s account.

The disbursement of the entire TAV of the Pag-IBIG Fund member is possible as long as they fall meet certain criteria which will be discussed below.

When can you withdraw your contribution?

1. Membership maturity

The member must have remitted at least 240 monthly membership contributions with the Fund. For Pag-IBIG Overseas Program (POP) members, membership with the Fund shall be at the end of five (5), ten (10), fifteen (15), or twenty (20) years depending on the option of the member upon membership registration.

2. Retirement

The member shall be compulsorily retired upon reaching age 65. He may however, opt to retire upon the occurrence of either actual retirement from the SSS, the GSIS or a separate employer provident/retirement plan, provided the member has at least reached age 45

3. Permanent and Total Disability or Insanity

Acquiring disabilities shall be deemed total and permanent and will qualify for the complete refund of the members TAV. Disability as defined in the context of Pag-IBIG’s provisions are as follows:

  • Temporary total disability lasting continuously for more than 120 days;
  • Complete loss of sight of both eyes;
  • Loss of two limbs at or over the ankle or wrist;
  • Permanent complete paralysis of two limbs;
  • Brain injury resulting in incurable imbecility or insanity; and
  • Such other cases which are adjudged to be total and permanent disability by a duly licensed physician and approved by the Board of Trustees.

4. Separation from the service due to health reason
5. Permanent departure from the country
6. Death

In case of death, the Fund benefits shall be divided among the member’s legal heirs in accordance with the New Civil Code as amended by the New Family Code.

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