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Embassy of the Philippines - Announcements
Embassy of the Philippines > Embassy of the Philippines DC >> Announcements

Announcements

21/04/2010: PAG-IBIG mandatory coverage for overseas Filipinos workers

The Embassy is pleased to announce that under the Home Development Mutual Fund Law of 2009 (R.A. 9679), sea-based and land-based overseas Filipino workers are now covered by the Pag-IBIG Fund.

As Pag-IBIG members, OFWs may enjoy savings that earn annual dividends that are tax-free.

Members may also avail of short-term loans to address immediate financial needs and housing loan of up to P3 million with repayment terms of up to thirty years.

The Embassy urges all overseas Filipino workers based in the United States to register now.

For further information, please click on the following links:


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