Employee Retirement Form For Pag-ibig
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FAQ
Membership maturity after 20 years, equivalent to 240 monthly contributions. Retirement at age 60 (optional retirement age) or at 65 (mandatory retirement age); Separation from service due to health reasons.
The amount of the death benefit shall depend on his membership status with the Fund at the time of his death. - For active members at the time of death ? P6,000, regardless of the amount of TAV. - For inactive members at the time of death ? the amount is equivalent to member's TAV or P6,000, whichever is lower.
As a member, you may apply for a Pag-IBIG Provident claim upon membership maturity, or after 20 years of membership from the initial contribution. At this point, you should have made a total of 240 monthly contributions to the Fund. You may also make a Pag-IBIG Provident claim upon retirement, usually at the age of 65.
Here's a step-by-step guide on how to claim your Pag-IBIG contribution. Prepare Your Valid ID. ... Accomplish the Application for Provident Benefits (APB) Claim Form. ... Submit the Documentary Requirements at the Nearest Pag-IBIG Branch. ... Pag-IBIG Will Review Your Submission. ... Wait for Feedback on Your Application.
Actual retirement from the SSS, GSIS, or from government service by provision of law; b. Retirement under a private employer's provident/retirement plan, provided that the member is at least 45 years of age at the time of retirement; c. Reaching the age of sixty (60).