Social Protection-PagIBIG

by Louella Desiderio – The Philippine Star, 22 Sep 2021 MANILA, Philippines — Employer groups yesterday lauded the Home Development Mutual Fund (Pag-IBIG) for approving the lifting of penalties on companies unable to remit employees’ savings in the last two years to help businesses reeling from the impact of the pandemic.

by Louise Maureen Simeon – The Philippine Star, 31 Aug 2021 MANILA, Philippines — The government plans to review existing policies and regulations surrounding the country’s housing industry to sustain gains and improve the sector.

by Mary Ann LL. Reyes (The Philippine Star), 4 Apr 2021 Many people do not fear the inevitable that is, soon, they will grow old. But what they fear is the fact that having retired and unemployed, the pension that they receive, and whatever savings they have, won’t be enough for their needs.

The Philippine Star, 9 May 2020 MANILA, Philippines — Pag-IBIG Fund has made available two programs aimed to provide members relief on loans with its automatic grace period on loan payments in accordance with the Bayanihan to Heal as One Act and its three-month moratorium program on all loans.

by Ben O. de Vera, Philippine Daily Inquirer, 7 Jan 2020 The Government Service Insurance System has extended until the end of 2020 the settlement of inactive members’ unpaid loans under the so-called GSIS Program for Restructuring and Repayment of Debts (PRRD).

by Manila Standard, Sep 21, 2018 Starting October, the Government Service Insurance System will offer a 100-percent waiver of unpaid penalties and surcharges to housing buyers and borrowers with past due accounts and are willing to settle their housing obligations in full. The deadline for the submission of application to the condonation program is on…

by Manila Standard, Sep 21, 2018 Pag-IBIG Fund is offering a one-time opportunity for delinquent and unregistered employers who were previously disqualified from availing themselves of the Fund’s penalty condonation programs to settle their obligations.

Read more here.

http://www.pagibigfund.gov.ph/newsevents/pdf/2016/PR-LOWEST%20HL%20INTEREST%20RATES.pdf Pag-IBIG Fund encouraged Pag-IBIG members to avail of housing loans now even as the Fund adopted the full risk-based pricing framework, a move that lowered the interest rates of the regular housing loan program of Pag-IBIG.

Here’s good news, Pag IBIG has just lowered housing loan interest rates under their End-User Financing program. The new interest rates were shared through the official Pag-IBIG Fund (HDMF) facebook page. Check out the details below.

As we bid farewell to year 2013, let us all welcome and be ready for the challenges year 2014 will bring. One of these is the increase in the mandatory SSS and PhilHealth contributions of both the employee and the employer. Indeed, starting January 2014, higher rates will be imposed on the SSS and PhilHealth…

To get the best prices, the Social Security System and Government Service Insurance System should submit to a Swiss challenge all unsolicited offers to purchase their marketable securities, the Trade Union Congress of the Philippines said in a press release.

Vice President and housing czar Jejomar Binay announced that domestic workers or “kasambahays” can now become members of the Pag-IBIG Fund and can avail themselves of multi-purpose, calamity and housing loans.

MANILA, Philippines – State-run Home Mutual Development Fund, more commonly known as Pag-IBIG Fund, was able to lend out P32 billion worth of housing loans in the first eight months of the year, its top executive said.

Vice President and Pag-IBIG Fund Board Chairman Jejomar Binay reported that the fund has disbursed almost P24 billion in multipurpose loans for the first seven months of 2011, benefitting 1.2 million Pag-IBIG members.

CEBU, Philippines – The Home Development Mutual Fund (Pag-IBIG Fund) has extended an incentive program for housing loan borrowers who are up-to-date with their payments.

Vice President and Housing and Urban Development Coordinating Council Chairman Jejomar Binay urged overseas Filipino workers (OFWs), immigrants and naturalized citizens to avail themselves of the Pag-IBIG Overseas Program.

Special Report pag-ibig’s ga problem Why did it take long to notice anomalies? THE Home Development Mutual Fund (HDMF), more popularly known as the Pag-IBIG Fund, is the “Filipino Worker’s Fund” and his (or her) only way (besides the lotto or sweepstakes ticket) to have a first home.

MANILA, Philippines –  Vice President Jejomar Binay has announced that overseas Filipino workers (OFWs) who are members of the Pag-Ibig Fund and among those repatriated from the Middle East will be given three to four months leeway not to pay their dues.

CEBU, Philippines – Officials of the Home  Development Mutual Fund yesterday said several private establishments are violating the law by not remitting the monthly premiums of their employees to Pag-IBIG.