Pag-IBIG Contribution 2024 for Locally Employed Members — A Guide…

Guide on Pag-IBIG Contribution 2024 To Maintain an Active Account

PAG-IBIG CONTRIBUTION 2024 – You can check here the rates set by the Fund for its members who are locally-employed.

Are you one of the members of the Pag-IBIG Fund? The government office is serving the Filipino people for decades now and has helped countless individuals achieve residential properties of their own via light monthly installments.

Pag-IBIG Fund
Photo Credit: Pinnacle

There is a huge advantage in the pursuit of maintaining an active account to the Pag-IBIG Fund. There are several Pag-IBIG loans that you can turn to in times of the following:

  • residential property acquisition / construction / improvement
  • natural calamities
  • short-term needs
Pag-IBIG Contribution 2024
Photo Credit: Inquirer

To maintain an active account to the Fund, you need to regularly post the Pag-IBIG contribution based on the rate set for you at the current year — like now, the Pag-IBIG contribution 2024. The fund has set different rates among the following:

  • locally-employed individuals
  • self-employed individuals
  • overseas Filipino workers
  • Kasambahay members
  • voluntary members
  • non-working spouses of the Pag-IBIG members

One of the wisest moves to make at the start of the year is to check the Pag-IBIG Monthly Contribution rates. It is the way to ensure maintaining an active account.

Undeniably, most of the Pag-IBIG member population is composed of individuals who are locally-employed in the Philippines. In the case of the locally-employed individuals, the employers, the employer take a part of the monthly contribution based on the percentage set by the Fund.

Here is the Pag-IBIG contribution 2024 for individuals who are working in the government as well as the businesses and companies in the private sectors in the country:

Contribution RateMonthly CompensationEmployee’s Monthly ContributionEmployer’s Share
1.0%Php 1,500 and below1.0%2.0%
2.0%Over Php 1,5002.0%2.0%

Aside from the loans, maintaining an active account to the Fund is an assurance that there is a collective savings that you can claim from your Pag-IBIG contribution later on.

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