How to Pay Pag-IBIG Contributions for Filipinos in Singapore

The Home Development Mutual Fund Law of 2009 (Republic Act No. 9679) expanded membership to the HDMF or Pag-IBIG Fund to overseas Filipino workers (OFWs). Meanwhile, membership is voluntary for Filipino immigrants, permanent residents, and naturalized citizens abroad.

For OFWs in Singapore, paying contributions and availing of Pag-IBIG Fund services is fast and convenient, thanks to the Migrant Workers Office (MWO) and the Pag-IBIG Virtual Office. These offices provide a variety of payment options for Pag-IBIG Fund members.

Singapore OFW’s Guide to Paying Pag-IBIG Contributions

What is Pag-IBIG, and what are the benefits it offers to its members? Let‘s take a moment to review these essential details:

What is Pag-IBIG?

The Home Development Mutual Fund (HDMF), also known as Pag-IBIG Fund, is a Philippine government corporation that offers affordable housing loans and savings programs to Filipino workers. Managed by the Philippine Department of Human Settlements and Urban Development (DHSUD), the term Pag-IBIG stands for “Pagtutulungan sa kinabukasan: Ikaw, Bangko, Industriya, at Gobyerno.”

Vision and Mission

The vision and mission statements of Pag-IBIG are presented on its official website, as follows:

Vision. “For every Filipino worker to save with Pag-IBIG Fund, to achieve their dream of home ownership, and to improve their quality of life.”

Mission. “To generate more savings from more Filipino workers, to administer a sustainable Fund with integrity, sound financial principles, and with social responsibility, and to provide accessible funds for housing of every member.”

Programs and Benefits

Pag-IBIG Fund members, including OFWs, can look forward to these programs and benefits:

Pag-Ibig I Savings

The Pag-IBIG 1 Savings Program is the regular savings program of Pag-IBIG. This is where members’ contributions (currently at PHP 200 per month) go, earning higher annual dividends compared to commercial banks. When members retire, they will receive the Total Accumulated Value (TAV), including all of their monthly savings, the employer’s counterpart (if applicable), and dividend earnings.

Modified Pag-IBIG 2 (MP2) Savings

For even higher earnings, members can join the Modified Pag-IBIG 2 (MP2) Savings Program. For a minimum of PHP 500 per month, they can save money in their MP2 account, watch it grow, and withdraw their money after a maturity period of five (5) years.

Housing Loan

The Pag-IBIG Fund Housing Loan offers up to PHP 6 million to its members. They can use this to build a house, improve a house, buy a residential lot, or buy a residential house and lot. Member can also use the money for refinancing an existing housing loan, or financing a combination of different housing purposes.

Health and Education Loan Programs (HELPs)

Members who need help financing health and education-related expenses can apply for this program, which offers up to 80 percent of their Pag-IBIG 1 Savings. To make the process faster and easier, funds are credited directly to the hospital and/or school concerned.

Multi-Purpose Loan (MPL)

As the name says, the Multi-Purpose Loan can be used for various purposes, including house improvements, children’s tuition, or capital for small businesses. Like HELPs, it offers loans up to 80 percent of members’ regular savings, payable over two (2) years.

Calamity Loan

In cases of natural calamities such as typhoons, floods, or earthquakes, members can apply for Pag-IBIG Funds’ Calamity Loan. This loan also amounts to a maximum of 80 percent of members’ regular savings, payable over two (2) or three (3) years.

How to Pay Pag-IBIG Contributions

Members can pay their Pag-IBIG Fund contributions via over-the-counter or online methods. In the Philippines as well as abroad, there are banks and remittance companies that accept over-the-counter payments. Among these are Asia United Bank (AUB), Philippine National Bank (PNB), and Ventaja International Corporation — along with their respective collecting agents.

To make over-the-counter payments, simply go to a Pag-IBIG Fund partner bank or remittance company, ask for a Remittance Application Form, and state that you would like to pay your Pag-IBIG Fund contribution.

Pag-IBIG Remittance Centers in Singapore

Meanwhile, here is a list of the banks and remittance companies in Singapore that accept over-the-counter payments of Pag-IBIG Fund contributions. These banks and companies, located at Lucky Plaza and Market Street, are collecting agents of PNB, AUB, and Ventaja International Corporation.

At Lucky Plaza

• Brunphil Express PTE Ltd.
• I-Remittance Singapore PTE Ltd.
• Metro Bank Remittance
• Pinoy Express PTE
• PNB Singapore Limited Purpose Branch
• Redimoney Express PTE Ltd.

At Market Street

• Dollar Smart Global PTE Ltd.

How to Pay Pag-IBIG Contributions Online

It is possible to pay Pag-IBIG Fund contributions online through the Virtual Pag-IBIG website. As long as you have a bank card (Visa, MasterCard) or a digital wallet (GCash, Maya), members can use this digital platform to pay their contributions.

Members first need to register and create a Virtual Pag-IBIG Account; this can be done through the website itself, or at the nearest Pag-IBIG branch. After creating an account, they can log in through the website and pay contributions, check records, and make other transactions.

Video: Virtual Pag-IBIG Mobile App

Aside from having an official website, Virtual Pag-IBIG also has a mobile app, which can be used to check loan payment records, view Pag-IBIG savings and dividends, and many more. Watch this video shared by Pag-IBIG Virtual Office – Singapore for more details:

Contact Information: MWO Singapore

For questions and concerns regarding Pag-IBIG Fund benefits, services, and contributions, members can contact Migrant Workers Office (MWO) Singapore or the Pag-IBIG Virtual Office – Singapore:

Address: Level 16, Triple One Somerset Building, 111 Somerset Rd., Singapore 238164
Telephone: +65 6737 3977 ext. 134 / +65 9113 6552 (MWO) / +65 8186 3549 / +65 9023 5608 (OWWA)
Email: mwo_singapore@dmw.gov.ph / vo_singapore@pagibigfund.gov.ph
Website: https://mwosingapore.dmw.gov.ph/
Facebook: https://www.facebook.com/PagIBIG.VO.Singapore/reels/

Google Map Location:

Final Thoughts

Buying or building a house requires a huge amount or investment. Fortunately, through Pag-IBIG‘s housing loans, members can avail of affordable financing, so that they can buy or build the house of their dreams. Since paying contributions is now fast and convenient, they can also join the agency’s high-earning savings programs!

Aside from Pag-IBIG, another government agency that OFWs can benefit from is the Social Security System (SSS). Visit this link to know more about it and how OFWs can pay their SSS contributions.