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

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

PAG-IBIG CONTRIBUTION 2024 – Here is a guide on the rates set by the Fund for its members who are self-employed or running a business.

One of the state entities that is serving the Filipino people for decades now since 1978. It was founded to provide the Filipinos with affordable options in obtaining residential properties which is most beneficial for the poor.

Pag-IBIG Fund
Photo Credit: Pinnacle

Under the Pag-IBIG Housing loan offer, you can enjoy the benefits of having your own house while paying for it light monthly installments as the term can be stretched to up to 30 years. It has crafted loan offers that attend to the following situations:

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

To keep your Pag-IBIG account updated, you need to regularly post monthly contributions to the Fund. It is also called savings. The monthly contribution come in different rates among the members:

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

It pays a lot to check the Pag-IBIG contribution rates from time to time to ensure that your account is updated. It is one of the ways to also ensure that your account is qualified to the loans and services offered by the Fund.

Aside from the locally-employed individuals, another big part of the Pag-IBIG member populace is composed of self-employed individuals. These are indiviuduals who run their own businesses or have their own means of earning but not from an employment to the public or private sector companies and offices.

Here is the Pag-IBIG contribution 2024 for individuals who are self-employed:

Monthly IncomeContribution Rate
at least Php 1,000 to Php 1,5001%
Php 1,500 to Php 4,999.992%
Php 5,000 and above3%

The Fund does not only offer loans. After at least 15 years, you have savings that you can claim from your Pag-IBIG contribution later on.

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