Guide on Pag-IBIG Contribution for Employees 2023 – Here are the Premium Rates
PAG-IBIG CONTRIBUTION FOR EMPLOYEES 2023 – Here is a guide on the contribution rate for government employees this year.
Many Filipinos are members of the Pag-IBIG Fund. Every month, they submit a certain amount to the government agency or pay the premium. The rates may have some changes from time to time and you can check this year’s rates below.
With regards to the Pag-IBIG contribution for employees this 2023, there is a share paid by the employers. The monthly salary is also a factor in terms of the contribution. If the monthly salary if between P1,000 to P1,499, the employer’s contribution rate is 1% while the employee’s contribution rate is 2%.
If the monthly salary is between P1,500 to P4,999, the employer’s contribution rate is 2% while the employee’s contribution rate is 2%. Under the Pag-IBIG contribution for employees 2023, if the monthly salary is P5,000 and above, both the employer’s and employee’s contribution rates is 3%.
| Pag-IBIG Housing Loan | Pag-IBIG Multi-Purpose Loan | Pag-IBIG Calamity Loan |
| The Pag-IBIG Fund is undeniably most popular for its Housing Loan. The said loan is open to finance a residential property acquisition, house construction, home renovation, and home loan take-out. To check on the requirements under this loan offer, you may visit – Requirements for Pag-IBIG Housing Loan – Here’s What You Will Need to Apply. | This is the cash loan offer of Pag-IBIG Fund. You may apply for it to fund your travel, make a huge purchase, pay for your kids’ tuition, etc. For the requirements on this loan offer, you may visit – Pag-IBIG Cash Loan Requirements – Here’s What You Need to Submit in Applying. | In times of natural disaster and pandemic, the members of the Pag-IBIG Fund has this loan offer to turn. To check on the documents needed in applying for this offer, you may visit – Requirements for Pag-IBIG Calamity Loan – Here’s What You Need to Prepare in Applying… |
Aside from the loan offers, the Pag-IBIG Fund also has a savings program offer that was crafted to help members who want to grow their money by earning dividends. To check on this savings facility, you may visit – Pag-IBIG MP2 Computation for P500 Monthly Savings – Here’s how much you’ll get.