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 household helpers or kasambahay.
There is a huge advantage if you are a member of the state-run institutions in the Philippines just like the Pag-IBIG Fund. You may qualify to many loans and benefit offers that you may turn to in times of financial needs.
The Pag-IBIG Fund is one of the state entities that is serving the Filipinos for decades now since 1978. Its main offer is the Pag-IBIG Housing Loan that can finance a residential property acquisition, house construction, home renovation, and home loan take-out. The term can be up to 30 years thus there is really an option for light monthly installments.
The Fund actually has three (3) main offers. You may turn to for financial solutions in times of need of money for:
- short-term needs
- residential property acquisition / construction / improvement
- natural calamities
How to maintain your qualification to the Pag-IBIG loans? The best move is to also keep your account updated by regularly posting monthly contributions. The rates for the Pag-IBIG contribution 2024 may vary among the following members of the state entity:
- locally-employed individuals
- self-employed individuals
- overseas Filipino workers
- Kasambahay members
- voluntary members
- non-working spouses of the Pag-IBIG members
The rates set by the Pag-IBIG Fund may change from time to time depending on the orders released by the Fund and the stand of the government on it. Meanwhile, truth be told that it is the government agency with the least contributions but with excellent offers.
Thus, a lot of household employers mandate a Pag-IBIG Fund membership among their household helpers or kasambahays. It widens the options of the people working for them providing them turn-tos in times of financial needs.
Also, the employer should a part of the contribution of the members. Here is a guide on the Pag-IBIG contribution 2024 for the kasambahay members of the Fund:
| Monthly Compensation | MS Rate To Be Paid by the Kasambahay | MS Rate to be Shouldered by the Employer |
| Php 1,500 and below | — | 3% |
| over Php 1,500 to Php 4,999 | — | 4% |
| Php 5,000 and above | 2.0% | 2% |
The contributions to the Fund is withdrawal thus thee are savings that you can claim from your Pag-IBIG contribution later on. Your money grow while you are safekeeping it and enjoying the privileges of loan eligibility.