Check Here the Pag-IBIG MP2 Savings Table for Members
PAG-IBIG MP2 SAVINGS TABLE – If you will save P1,000,000.00 monthly under this savings facility, here’s how much you will get.
In government service, employees are required to maintain active membership in certain state-run institutions. These entities include the Pag-IBIG Fund. The same rule applies to most private sector workers as most private employers ensure their staff are enrolled. This mandate is usually meant to broaden the financial resources available to employees.
How does a Pag-IBIG membership expand the resources of its members? The members gain access to several loan programs. Aside from the very popular Pag-IBIG Housing Loan, there is also the Pag-IBIG Calamity Loan offer as well as the Pag-IBIG Multi-purpose Loan.
Aside from the loan offers of the Pag-IBIG Fund, the state-run agency also made sure of finding a way to help its members grow their savings. They launched the Pag-IBIG MP2 Savings.
The MP2 Savings is a five-year program that offers higher dividend rates compared to regular savings. Each Pag-IBIG MP2 Savings Table can attest to it. Before checking on how much you money may grow, here’s who can qualify to save under this facility:
- Active Pag-IBIG Fund members
- Former members (pensioners and retirees) with other sources of monthly income, regardless of age, provided they have at least 24 monthly savings before retirement
- Natural-born Filipinos who reacquired their citizenship under RA 9225 (Citizenship Retention and Reacquisition Act of 2003), with at least 24 monthly savings before permanently migrating abroad
If you’re curious about how much your savings can grow as you are very much willing to save as much as ₱1 million, please see below the Pag-IBIG MP2 Savings Table based on a 7.5% dividend rate that shows how your money can grow over time.
Annual Dividend Payout
| Annual Dividend Payout | |||||
| Month Covered | Monthly Savings (MS) | Accumulated MS per year | Cumulative Savings | Annual Dividend Payout | Total Accumulated Value TAV) |
| Jan-Dec 2020 | 1,000,000.00 | 1,000,000.00 | 1,000,000.00 | 75,000.00 | 1,000,000.00 |
| Jan-Dec 2021 | 0.00 | 0.00 | 1,000,000.00 | 75,000.00 | 1,000,000.00 |
| Jan-Dec 2022 | 0.00 | 0.00 | 1,000,000.00 | 75,000.00 | 1,000,000.00 |
| Jan-Dec 2023 | 0.00 | 0.00 | 1,000,000.00 | 75,000.00 | 1,000,000.00 |
| Jan-Dec 2024 | 0.00 | 0.00 | 1,000,000.00 | 75,000.00 | 1,000,000.00 |
| TOTAL | – | 1,000,000.00 | – | 375,000.00 | 1,000,000.00 |
Compounded Savings
| Compounded Savings | |||||
| Month Covered | Monthly Savings (MS) | Accumulated MS per year | Cumulative Savings | Dividend Amount | Total Accumulated Value TAV) |
| Jan-Dec 2020 | 1,000,000.00 | 1,000,000.00 | 1,000,000.00 | 75,000.00 | 1,075,000.00 |
| Jan-Dec 2021 | 0.00 | 0.00 | 1,075,000.00 | 80,625.00 | 1,155,625.00 |
| Jan-Dec 2022 | 0.00 | 0.00 | 1,155,625.00 | 86,671.88 | 1,242,296.88 |
| Jan-Dec 2023 | 0.00 | 0.00 | 1,242,296.88 | 93,172.27 | 1,335,469.14 |
| Jan-Dec 2024 | 0.00 | 0.00 | 1,335,469.14 | 100,160.19 | 1,435,629.33 |
| TOTAL | – | 1,000,000.00 | – | 435,629.33 | 1,435,629.33 |
The Pag-IBIG MP2 Dividend rates are consistently higher than those of the regular savings. There is a wide range of payout options, too:
- Full withdrawal after the five-year maturity period, with dividends compounded annually
- Annual payout credited directly to a savings or checking account in any Pag-IBIG-accredited bank
- For members without a Philippine bank account, such as overseas members, annual dividend payouts will be released via check
It’s important to note that once you select a payout mode, it cannot be changed until the maturity of your savings. However, you can always open another MP2 account and choose a different payout option there.