When Can I Withdraw My Pag-IBIG Regular Savings?

If you are a Pag-IBIG member, employed or owns a business, and gives monthly contributions to Pag-IBIG, you should know that you are entitled to withdraw your savings sooner or later. We often receive messages from our followers asking if they really have to wait until they retire before they can withdraw their Pag-IBIG savings or is there an option to get their money sooner. In today’s blog, we hope to be able to answer this question and provide additional information about Pag-IBIG savings.

What is the Pag-IBIG Savings Program?

Like when you deposit your monthly savings in a bank in the hope that the amount earns interest overtime, so is contributing to your Pag-IBIG fund savings. Similar with being a bank depositor, you may also be entitled to borrow money from Pag-IBIG when additional needs arise, take a housing loan to buy a new house or renovate your existing home, or simply grow your money and add it to your retirement funds soon.

How much should I deposit to Pag-IBIG monthly?

Based on the provisions of RA 9679, the minimum amount that a Pag-IBIG member can save is Php 100 per month. You have the option to add to this amount. If you are employed and wish to increase your monthly savings, just submit a duly accomplished Request for Upgrading Savings form to your employer so they can process the additional amount you would like to deposit to your Pag-IBIG fund. If you are self-employed, you may add to your monthly savings anytime.

When can I withdraw my Pag-IBIGI Regular Savings?

You actually do not need to wait until your retirement to withdraw your Pag-IBIG savings. But of course, if you let your money stay in Pag-IBIG fund longer and continue to save even after you have retired from your job, your dividends will be a lot higher than when you’d choose to withdraw earlier.

Here are the situations when you can withdraw your Pag-IBIG savings:

  • Membership maturity after 20 years or equivalent to 240 monthly contributions
  • Retirement at age 60 (optional) or 65 (mandatory)
  • Separation from service due to health reasons
  • Permanent departure from the country
  • Permanent and total disability or insanity
  • Upon death, in which case, his legal heirs will receive his TAV (Total Accumulated Value) plus an additional death benefit
  • Critical illness of the member or any of his immediate family member, as certified by a licensed physician.

For more information about Pag-IBIG or if you wish to talk to someone about your Pag-IBIG fund account, you may call their hotline at (02) 8724-4244.




Published by MasterCitizen

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2 thoughts on “When Can I Withdraw My Pag-IBIG Regular Savings?

  1. Hi PAGIBIG. I just want to ask is it really mandatory to have a two VALID IDS before I could have a photo shot in your office to get PAGIBIG ID? SO DISAPPOINTED I WENT TK DAVAO CITY BRANCH I’m very happy but when I’m about to pass it on my papers and photocopy of my voters ID they refused me what else I can do if that’s the only OD I’m having I think this isn’t reasonable. Kindly enlighten me for this. That’s a torture for me.

    1. Hi! First of all po, we are not Pag-IBIG.

      When they asked for an additional ID and you informed them that that is the only ID you have, what alternative did they recommend? Because you can also present an NBI clearance, your PSA birth certificate, etc.

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