Can you withdraw your Pag-IBIG contributions? YES, if you meet any of the eligibility criteria or qualifications set by the Home Development Mutual Fund (HDMF).
If you fail to meet any of the allowed cases for withdrawals, all contributions posted in your account will remain with Pag-IBIG until such time you satisfy one of the qualification requirement.
If you are no longer working but have contributed to the fund in the previous years, will you be eligible to withdraw your Pag-IBIG contribution? YES but again ONLY IF you meet any of the 7 allowable cases shared below.
Read further below for those who are looking for info on Pag-ibig Fund 10 Years withdrawal benefit claim.
Criteria for Pag-IBIG Contribution Withdrawal
There are 7 grounds that allows a member to withdraw all contributions made to Pag-IBIG:
- Maturity, where a member has completed 10, 15 or 20 years of active fund membership, equivalent to 120, 180 and 240 monthly contributions respectively;
- Retirement, where a member has reached the mandatory retirement age of 65, the optional retirement age of 60, or has opted to avail of his company’s early retirement at age 45;
- Permanent departure from the country;
- Permanent / total physical disability;
- Termination from service by reason of health; and
- Death of member.
Provident Pag-ibig fund 10 Years Withdrawal Benefit Claim
How about those who meet the Maturity Criteria? Those members who have contributed 10 years of continuous payment or 120 months, can they withdraw from Pag-IBIG?
Answer: On this case, Pag-IBIG Fund says that if a member has completed 120 months of contribution WITHOUT ANY GAP, the individual is already in his/her 10 years as a member with no existing loan, this member can avail of the PROVIDENT BENEFITS CLAIM – 10 year maturity period. Provided that the member will file the Provident Benefits Claim in a Pag-IBIG branch within 1 year of his 10-years anniversary as a Pag-IBIG member (before reaching 11-years membership anniversary).
If you are not sure about the status of your membership with HDMF, kindly contact Pag-IBIG directly through their email firstname.lastname@example.org, call them at this number (02) 724 4244 or visit a Pag-IBIG branch nearest you.
NOTE: A Pag-IBIG member will not be blacklisted if he/she lost his/her job or have stop working. The contributions will remain in the member’s name until such time that said member is already eligible for the Pag-IBIG contribution withdrawal.
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