Pag-IBIG contribution hike suspended in 2023

The Pag-IBIG Fund has announced the suspension of the scheduled hike in its members’ monthly contribution this year, citing the need to provide financial relief to Filipinos recovering from the economic impacts of the pandemic. | BPinlacINQ

Jack Jacinto, department manager for public media affairs of the Pag-IBIG Fund, on Friday said the planned increase in the contribution rates of its members and their employers from P100 to P150 will be deferred for the third time.

“Batid natin na patuloy na nag-re-recover ang ating mga miyembro, pati na rin ang ating business community, mula sa epekto ng pandemya at alinsunod na rin sa direktiba ng Pangulong [Ferdinand] Bongbong Marcos Jr. na bigyan ng financial relief ang ating mga kababayan, patuloy nating ipagpapaliban ngayong taong 2023 ang pagtaas ng kontribusyon ng ating mga miyembro at ng kanilang mga employer,” he said in a Laging Handa public briefing.

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