List of Requirements for Pag-IBIG Withdrawal of Savings due to Permanent Total Disability
REQUIREMENTS FOR PAG-IBIG WITHDRAWAL OF SAVINGS– Here are the documents that a member must submit to get his/her savings from the Fund due to disability.
Many Filipinos are members of the Pag-IBIG Fund, a state institution in the country that is mainly popular for being an instrument for countless of its members to obtain a residential property. Also, it is one of the government agencies with the most minimal monthly contributions.
The contribution rates of the Pag-IBIG Fund members depend on the Pag-IBIG Contribution Table 2023 which is also based on the nature of the income of the member and the amount earned in a month. To keep an updated account, the member must regularly post monthly savings.
A Pag-IBIG membership is mandated in most employment fields. Meanwhile, the government agency has also opened its doors to voluntary memberships.
Most often, the following entities and situations require a mandatory membership to the Pag-IBIG Fund:
- employees in the private sector who are 60 years old and below and on permanent, temporary, or provisional status
- government employees with GSIS coverage
- self-employed individuals earning at least P1,000 per month up to 60 years of age
- land-based overseas Filipino workers (OFWs)
- sea-based OFWs
- household helpers, gardeners, cooks, drivers, etc. with a salary of at least P1,000 per month
- Filipinos employed by foreign-based employers
- uniformed personnel like members of the Armed Forces of the Philippines (AFP), Philippine National Police (PNP), and Bureau of Fire Protection (BFP)
In the case of voluntary memberships, here are some of the common cases of voluntary members of the Pag-IBIG Fund:
- non-working spouse of registered members of the Pag-IBIG Fund
- religious group and leaders
- public officials and employees without GSIS coverage
- pensioners, investors, and individuals with passive income
- Filipino employees of foreign government or international organization
There are Pag-IBIG loans that members who have updated accounts may turn to. Here are the three (3) major loan offer of the state institution for its qualified members:
An updated account with the Pag-IBIG Fund may not only qualify a member to the loans and services offered by the state institution but also be a source of financial turn-to during challenging times. A member may withdraw his/her savings under certain provisions.
When permanent total disability takes place, the member may withdraw his/her savings. Here are the requirements for Pag-IBIG withdrawal of savings due to PTD:
- Application for Provident Benefits (APB) Claim (1 Original)
- Pag-IBIG Loyalty Card/Loyalty Card Plus or one (1) valid ID of the member (1 Photocopy)
- Physician’s Certificate/Statement (With Clinical or Medical Abstract) (1 Original)
- SSS Employment History (as applicable) (1 Photocopy)
Submit the requirements for Pag-IBIG withdrawal of savings to Pag-IBIG Fund. Make sure to bring with you all the original documents as the government institution may require for their presentation.
It may take a few working days for the Pag-IBIG Fund to review the claim application. Wait for an update from the Fund.