Guide on Pag-IBIG MP2 Table for Members
PAG-IBIG MP2 TABLE – Here is a guide for members who want to save Php 1 million one-time under the MP2 Savings program of the Fund.
Do you want to save big under the Pag-IBIG MP2 Savings? You can save as much as Php 1 million and you can check the details below on how much your savings can grow.
Do you want to save or put your Php 1 million under the Pag-IBIG MP2 Savings? Here is the Pag-IBIG MP2 table for Php 1 million one-time savings under an annual dividend payout:
| Annual Dividend Payout | |||||
| Month Covered | Monthly Savings (MS) | Accumulated MS per year | Cumulative Savings | Annual Dividend Payout | Total Accumulated Value TAV) |
| Jan-Dec 2020 | 1,000,000.00 | 1,000,000.00 | 1,000,000.00 | 75,000.00 | 1,000,000.00 |
| Jan-Dec 2021 | 0.00 | 0.00 | 1,000,000.00 | 75,000.00 | 1,000,000.00 |
| Jan-Dec 2022 | 0.00 | 0.00 | 1,000,000.00 | 75,000.00 | 1,000,000.00 |
| Jan-Dec 2023 | 0.00 | 0.00 | 1,000,000.00 | 75,000.00 | 1,000,000.00 |
| Jan-Dec 2024 | 0.00 | 0.00 | 1,000,000.00 | 75,000.00 | 1,000,000.00 |
| TOTAL | – | 1,000,000.00 | – | 375,000.00 | 1,000,000.00 |
Here is the Pag-IBIG MP2 table for Php 1 million one-time savings under compounded savings:
| Compounded Savings | |||||
| Month Covered | Monthly Savings (MS) | Accumulated MS per year | Cumulative Savings | Dividend Amount | Total Accumulated Value TAV) |
| Jan-Dec 2020 | 1,000,000.00 | 1,000,000.00 | 1,000,000.00 | 75,000.00 | 1,075,000.00 |
| Jan-Dec 2021 | 0.00 | 0.00 | 1,075,000.00 | 80,625.00 | 1,155,625.00 |
| Jan-Dec 2022 | 0.00 | 0.00 | 1,155,625.00 | 86,671.88 | 1,242,296.88 |
| Jan-Dec 2023 | 0.00 | 0.00 | 1,242,296.88 | 93,172.27 | 1,335,469.14 |
| Jan-Dec 2024 | 0.00 | 0.00 | 1,335,469.14 | 100,160.19 | 1,435,629.33 |
| TOTAL | – | 1,000,000.00 | – | 435,629.33 | 1,435,629.33 |
Claim Pag-IBIG MP2 Savings. The savings or the amount that your savings has grown may be withdrawn after five (5) years. You can get the profits through an over-the-counter withdrawal at a branch of the Pag-IBIG Fund or online via Virtual Pag-IBIG.
In case the dividend is not withdrawn after the maturity date, the savings will stop earning based on the dividend rate under the MP2 Savings rate. Meanwhile, for two (2) years, it will keep earning under a dividend rate of the Pag-IBIG Regular Savings.
A member can withdraw the MP2 Savings before the 5-year maturity under certain cases such as the following:
Active Pag-IBIG Members
- Total disability or insanity
- Termination from employment due to health reasons
- Retirement
- Permanent migration to another country
- Unemployment due to layoff or company closure
- OFW repatriation from the host country
- Death of the MP2 account holder, with the MP2 Savings to be received by the member’s beneficiaries
- Critical illness of the MP2 account holder or an immediate family member, certified
- Other meritorious grounds as may be approved by the Pag-IBIG Fund Board of Trustees
Retirees and/or Pensioners
- Total disability or insanity
- Death of the MP2 account holder, with the MP2 Savings to be received by the member’s beneficiaries
- Critical illness of the MP2 account holder or an immediate family member, certified by a licensed physician, and subject to approval by Pag-IBIG Fund
- Other meritorious grounds as may be approved by the Pag-IBIG Fund Board of Trustees
Members with compounded dividend payout on their MP2 Savings
- Principal MP2 Savings;
- 50% of the total dividends earned from prior years; and
- 50% of the dividends for the current year, which shall be released after the dividends for the said year have been declared and credited.
MP2 Savings with annual dividend payouts
- Principal MP2 Savings, with 50% of the total dividends received from prior years to be deducted from proceeds; and
- 50% of the dividends for the current year, which shall be released after the dividends for the said year have been declared and credited.