Most Filipinos are members of the Pagtutulungan: Ikaw, Bayan, Industriya, at Gobyerno, or what is far more usually recognized as Pag-IBIG Fund. Every single member’s month-to-month contribution of P100 is employed to finance members’ housing loans and other quick-term loans such as their Multi-Objective and Calamity Loans.

Aside from the usual contributory membership system, the Pag-IBIG Fund also delivers its member with one more savings choice that yields greater dividend prices. Furthermore, this is what is referred to as the Modified Pag-IBIG II, or MP2, Plan.

Save and earn

A minimum month-to-month contribution of P500 for 60 months or 5 years beneath the MP2 Plan is assured to earn a minimum dividend price of 4 % yearly. Contribution for the MP2 Plan is unique and separate from the mandatory P100 contribution deducted from an employee’s month-to-month salary.

Photo Credits: Pag-IBIG

There is no limit on the quantity of money a member can save beneath the MP2 Plan. He or she can consistently save P500 month-to-month or opt for 1-time savings.

Pag-IBIG MP2 Saving might be paid by way of salary deduction, for employed members more than-the-counter, in any Pag-IBIG branch, and by way of any accredited collection partners.

Savings in the quantity exceeding P500,000 would have to be remitted personally or by way of a manager’s verify.

Earn by way of dividends

Dividends for the MP2 Plan are derived from no significantly less than 70 % of the Pag-IBIG Fund’s annual net revenue.

In 2015, the MP2 dividend price rose to five.34 %, climbed steadily to 7.43 % in 2016 and constantly elevated to eight.11 % in 2017.

These prices are greater than the typical two.98 % interest price provided by industrial banks for its time deposit accounts in 2017, primarily based on information from Bangko Sentral ng Pilipinas.

In 2018, the dividend price for MP2 was at 7.41 %.


Photo Credits: The Facebook Account of Pag-IBIG Fund

Earnings and contributions beneath the MP2 Plan are tax-totally free and government-assured.

A member has an choice for an annual dividend payout which will be credited to his or her savings or checking account with Land Bank of the Philippines, Improvement Bank of the Philippines, or other banks that Pag-IBIG Fund might accredit. On the other hand, he or she can pick out to acquire the MP2 compounded dividends upon the maturity of his or her savings soon after 5 years.

How to be a member

Eligible to save beneath the MP2 Plan are the active Pag-IBIG Fund members and former Pag-IBIG Fund members with a supply of month-to-month revenue. Pensioners or retirees who have previously contributed at least 24 month-to-month savings are also eligible to invest beneath the MP2 Plan.


Interested Pag-IBIG Fund members might register on-line at