With all of the Pag-IBIG benefits available to members, you’ll most likely want to stay on top of your monthly Pag-IBIG contributions.
While it’s definitely easier to do if you’re a regular employee (as it’s done automatically by local employers), that doesn’t mean that freelancers, OFWs, entrepreneurs, and other professionals can’t pay their contributions.
Whether you’re a regular employee who wants to check if your monthly Pag-IBIG deductibles are correct, or want to voluntarily contribute to build up a savings or to get enough credit for a home loan in the future, here is the latest Pag-IBIG contribution table:
| Regular Local Employee | ||
| Monthly Compensation | Percentage of Monthly Compensation | |
| Employee Share | Employer Share | |
| P1,500 and below | 1% | 2% |
| Over P1,500 | 2% | 2% |
| Self-employed | |
| Monthly Compensation | Contribution Rate |
| P1,500 and below | 1% |
| Over P1,500 | 2% |
| OFW with employers subject to Pag-IBIG coverage | ||
| Monthly Compensation | Percentage of Monthly Compensation | |
| Employee Share | Employer Share | |
| P1,500 and below | 1% | 2% |
| Over P1,500 | 2% | 2% |
| OFW with employer exempted from Pag-IBIG coverage | |
| Monthly Compensation | Contribution Rate |
| P1,500 and below | 1% |
| Over P1,500 | 2% |
| Non-working spouse | |
| 50% of Working Spouse’s Monthly Compensation | Contribution Rate |
| P1,500 and below | 1% |
| Over P1,500 | 2% |
| Kasambahay | ||
| Monthly Compensation | Employee Share | Employer Share |
| P1,500 and below | 3% | 0% |
| P1,500 to P4,999 | 4% | 0% |
| P5,000 and above | 2% | 2% |
The contributions table is pretty straightforward but to give you a better idea on just how much will be deducted from your salary, here are a couple of sample computations:
Sample computation for an employee with Php 3,000 monthly basic salary:
Employee’s share: Php 3,000 x 0.02 = Php 60
Employer’s share: Php 3,000 x 0.02 = Php 60
Total Pag-IBIG monthly contribution: P120
Sample computation for a self-employed individual with Php 10,000 monthly basic salary:
Maximum deductible amount for Pag-IBIG: P5,000
P5,000 x 0.02 = P100
Total Pag-IBIG contribution: P100
Regardless of how much your salary is, the maximum income Pag-IBIG will consider for mandatory deductions will always be P5,000. However, you may voluntarily increase the monthly contributions if you plan to loan higher amounts from Pag-IBIG later on.
HOW TO INCREASE MONTHLY CONTRIBUTIONS:
For employees: Discuss this with your company’s HR.
For self-employed individuals: Simply increase your monthly contribution amounts when you pay.