Apart from being a member of the SSS, you will also be required by your employers to submit your Pag-IBIG membership number. Pag-IBIG, or the Home Development Mutual Fund is a Government-owned and controlled corporation responsible for the administration of affordable shelter financing to Pinoys.
Like SSS, there are different types of membership under Pag-IBIG. You could be an employed member, self-paying (or voluntary), self-employed, or an OFW. Each type of membership has different sets of membership requirements and contribution rates.
If you have not yet signed up with the Pag-IBIG Fund, today’s blog is for you. Read and share!
5 Steps to Become a Pag-IBIG Member for Employees
- Visit the nearest Pag-IBIG office in your area.
- Proceed to the Marketing and Enforcement Division.
- Request for a copy of the Membership Registration/Remittance Form or MMRF. You may also download and print a copy through this link: http://bit.ly/2IojV71
- Fill out 2 copies of the MMRF and submit to the MED, along with a Member’s Data Form. You may download a copy here: http://bit.ly/2kpyO11
- Submit an SSS Coverage and Compliance Certificate for the current year. If you are a government employee, submit your GSIS Certificate of Membership.
Your Pag-IBIG number will be handed to you on the same day.
You also have the option to apply for your membership online through www.pagibigfundservices.com. Most multi-national companies process the Pag-IBIG membership of newly-hired employees.
Once your Pag-IBIG number is issued, your employer may begin remitting your monthly contribution (deducted from your salary) to the agency.
How much should you contribute to the Pag-IBIG Fund?
Below is the Pag-IBIG Contribution Table for 2018:
If you prefer to personally remit your contributions to the Fund, you need to submit the following:
- Certificate of Employment and Compensation
- Latest pay slip
- Company ID
For Self-employed Individuals
If you work from home, run your own business, or a self-employed professional, you may register as a Pag-IBIG member under the Self-employed category. The following are required upon registration:
- Latest Income Tax Return (ITR) with Financial Statement certified by an accountant.
- PRC/BAR license (if licensed professional).
- Certificate of Remittance / ESAV (for old members)
- SEC or DTI Registration
- Business Permit or Mayor’s Permit
- Two 1×1 ID photos
Even while you are working abroad, you can still be a member of the Pag-IBIG Fund and contribute regularly. The following are required upon registration:
- Latest Contract of Employment stamped by POEA.
- Passport or any valid ID
- Certificate of Remittance/ESAV
- Two 1×1 ID photos
If you are already deployed abroad, you can still have your membership and contributions facilitated by your spouse or relatives; you just need to execute a Special Power of Attorney to authorize them to transact with the Pag-IBIG Fund on your behalf.
For unemployed spouse
No longer employed and staying at home with the kids? You can still be a member of the Fund and continue making regular contributions! Just submit the following:
- Letter of consent from the working spouse.
- Certificate of Employment and Compensation of the working spouse.
- Affidavit of Unemployment.
As a member of the Pag-IBIG Fund, you have the option to acquire a residential home for you and your family through easy payment terms. You also have the privilege to apply for multi-purpose loans and are entitled to dividend payments upon retirement. It is an additional means to save up for our future, apart from the SSS or GSIS.