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Pag-IBIG Fund members collectively saved a record P28.75 billion in the first quarter of 2024, setting the highest amount ever saved in the agency’s history, top officials said Monday.
Part of the total savings collections is the agency’s Pag-IBIG Regular Savings, which saw a 25-percent increase from P10.58 billion in the first quarter of 2023 to P13.19 billion this year. Pag-IBIG Fund implemented the new mandatory monthly savings rates of P200 for both the employees and the employers’ share in February. The increase was the first increase that Pag-IBIG Fund implemented since it was established in 1986.
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