Pag -IBIG Fund Cagayan de Oro Branch

1. Pag-IBIG Fund Cagayan de Oro Branch Pag-IBIG Fund Building JR Borja-Mortola Sts., Cagayan de Oro City

2. Pag-IBIG Fund Bukidnon Extension Office TubeoBldg., Damasco Street Malaybalay City Bukidnon

3. Home Development Mutual Fund (HDMF)

4. ACRONYM • Pagtutulungansakinabukasan • Ikaw • Bangko • Industriya • Gobyerno

5. TWIN MANDATES Savings • Shelter / Housing

6. Pag-IBIG Fund HISTORY • Republic Act No. 9679 • Signed by PGMA • HDMF Law of 2009 • on 21 July 2009 • Published on 12 August 2009 • Became effective on 27 August 2009

7. MEMBERSHIP COVERAGE

8. MANDATORY MEMBERSHIP COVERAGE • All Private and Government Employees (SSS & GSIS members), as mandated under Republic Act 9679

9. PROVIDENT SAVINGS PROGRAM

10. MONTHLY CONTRIBUTION RATES 1% 2% 2 % 2% + P1,500 & Below P1,500 toP5,000 + Personal Share Monthly Compensation • Employer • Counterpart 5,000.00 – maximum compensation for computing monthly contribution

11. PROVIDENT SAVINGS PROGRAM • SALIENT FEATURES • Double or triple your money benefit I.Monthly Compensation is more than P1,500.00 Example: Your income is P 5,000.00 Personal Share = P100.00(2%) Employer Counterpart= P100.00(2%) Monthly Savings = P200.00(4%)

12. PROVIDENT SAVINGS PROGRAM • A member may be allowed to contribute more than the required rates should he or she so desires. • The employer, however, shall only be mandated to contribute what is required, unless it agrees to match the member’s increased contribution.

13. MONTHLY REMITTANCE SCHEDULE of Pag-IBIG Fund CONTRIBUTIONS & MPL

14. PROVIDENT SAVINGS PROGRAM SALIENT FEATURES • Tax Free Dividend earnings • based on the Member’s • Total Accumulated • Value (TAV) • Employees Statement of Accumulated Value (ESAV) • Portability of Savings • Government Guaranteed • Withdrawable upon the occurrence of any ground for termination of membership

15. MULTI-PURPOSE LOAN PROGRAM

16. MULTI – PURPOSE LOAN PROGRAM • Savings Based (Total Accumulated Value) • 24 monthly contributions • (2 years in residency) • Active • Member • Updated HousingLoanAccount

17. MULTI – PURPOSE LOAN PROGRAM • Loan Amount

18. MULTI – PURPOSE LOAN PROGRAM • Interest Rate - 10. 75 % per annum • Loan Term - 2 years • Loan Renewal - 6 months • Processing Time - 1 day or 2 days • Loan Release - Check or ATM (DBP/LBP) • Payment Scheme – Salary deduction/OTC • TAV Offset in case of the following: • Unemployment • Total/Partial Disability or • Death of Member’s immediately

19. CALAMITY LOAN PROGRAM

20. CALAMITY LOAN PROGRAM • Interest Rate - 5.9 % per annum • Loan Term - 2 years • Loan Release - Check or ATM (DBP/LBP) • Payment Scheme – Salary deduction/OTC

21. housing LOAN PROGRAM

22. HOUSING LOAN PURPOSES • Lot Purchase • House Construction • Lot Purchase & House Construction • Purchase of a Residential Unit • Major Home Improvement • Refinancing of an Existing Loan

23. COLLATERAL • The property must be: • Titled Property (OCT,TCT,CCT) issued by Registry of Deeds • Having a Road Right of Way • Within the residential Zone • Free from Liens/Encumbrances

24. ELIGIBILITY REQUIREMENTS • 24 Months Contributions • Not more than 65 years old & insurable; not more than70 years old at loan maturity • Has legal capacity to acquire and encumber real property

25. ELIGIBILITY REQUIREMENTS • Has passed satisfactory background / credit & employment / business checks of the developer & Pag-IBIG Fund • Has no outstanding Pag-IBIG housing loan, either as a principal borrower or co-borrower;

26. MAXIMUM LOAN AMOUNT OF P 6 MILLION Based on the lowest of the following: • Borrower’s Actual Need • Loan-to-Collateral Ratio • Loan Entitlement • Contributions • Net Disposable Income

31. LOAN TERM The housing loan shall be repaid at a maximum term of thirty (30)years and shall in no case exceed the difference between the present age and age 70 of the principal borrower.

32. GROUNDS FOR THE WITHDRAWAL OF YOUR Pag-IBIG Fund SAVINGS • Membership Maturity (10,15 or 20 years) • Retirement (Ages 60 & 65; Early Retirement: Age 45) • Permanent Departure from the Philippines • Permanent Total Disability/Insanity • Termination from Service by reason of health • Death of Member • Other causes as may be provided by the Board of Trustees

33. WITHDRAWAL OF SAVINGS The Member or his/her beneficiaries will receive the following: • Total Accumulated Value (TAV) Personal Share + EmployerCounterpart + Dividend Earnings (Lump sum) • Death Aid Benefit (DAB) P 6,000 • Full Payment of the Housing Loan Account • (In case of death of the Principal Borrower)

34. COMPARISON MATURITY CLAIM

38. 5. Termination from service due to health • - Employer Certificate that said employee was separated for health reasons duly notarized. • Physicians Certification • - SSS Disability Voucher

39. 6. Death • With additional Death Aid Benefit (DAB) of P6,000 • DAB entitlement in full if member is active (w/ contributions within 6 months) based on date of death • If inactive, up to the Total Savings accumulated, but not more than P6,000

40. Death Aid Benefit Documentary Requirements 1. NSO Death Certificate of Member 2. NSO copy of Birth, Death & Marriage Certificates of claimants/beneficiaries 3. Proof of Surviving Legal Heirs (PSLH) 4. Affidavit of Guardianship (for minors) 5. Discrepancies are supported by Affidavit from two disinterested persons 6. Latest Service Record(Authenticated) 7. Latest Payslip (Authenticatedby Office)

41. Additional Requirements • Married Member • 1.Marriage Advisory of Deceased Member (NSO) • 2.2 valid ID’s • SSS ID, Voter’s ID,Company ID • Single • CENOMAR (NSO) • Funeral Receipt • 2 valid ID’s – SSS, Voter’s ID, Company • Birth Certificate of Member (NSO) • Joint Affidavit (2 witnesses) that the member died without children

42. Requirements for Retirement(Government Employees) • Application for Provident Benefits (3 copies ) • GSIS Retirement Voucher (2 copies) • Retirement Order (PNP, PA, BFP, BJMP) (2 copies)

43. 2 Different Unexpired Valid ID’s with clear signature (photocopy back to back) 2 copies • Primary ID : Employers ID • Secondary ID: Pag-IBIG ID Card, GSIS ID or E-Card ID, Voters Affidavit, PRC ID, Driver’s License, Passport, Senior Citizen ID , SSS ID , BIR ID, Postal ID • PNP/AFP/PA/ BJMP/ BFP for all military members (AFPSLAI not valid ID)

44. Updated Service Record stating specific date of retirement (gov’t employees ) 2 copies • Statement or Certification of last payment (2 copies)

45. REMINDER: Please bring all original documents for comparison and authentication. In all instances wherein photocopies are submitted, photocopied documents must be duly authenticated by the claimants Administrative Officer Filing/Submission must be on or after retirement date.

46. FOR MORE DETAILS: (08822) 726348/722800/721258 CDO (088) 8561861 to 62 local 209 or 211 CDO (088) 2214155 or (088) 8132701 Mlybly cagayandeoro@pagibigfund.gov.ph bukidnon@pagibigfund.gov.ph Pag-IBIG Fund Bldg., JR. Borja Mortola Sts., Cagayan de Oro City Pag-IBIG Fund Bukidnon Ext Office Tubeo Bldg., Damasco St., Malaybalay City Visit us www.pagibigfund.gov.ph

47. Daghang Salamat!