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What are the pre termination requirements for MP2?

Pre-termination or withdrawal of MP2 savings by Pag-IBIG I members, prior to maturity, shall be allowed under any of the following circumstances, as applicable: Total disability or insanity. Separation from service by reason of health. Death of the member or any of his/her immediate family member.

Is it worth it to invest in Pag-IBIG MP2?

Investing in the Pag-IBIG MP2 program is a good way to build your savings and fund your financial goals in the future. It makes a great passive income source, too, as you let a small amount of money earn for you.

Who is eligible for Pag-IBIG MP2?

The MP2 Savings is open to active* Pag-IBIG Fund members. It is also open to: Former Pag-IBIG Fund members (pensioners and retirees) with other sources of monthly income, regardless of age, and with at least 24 monthly savings prior to retirement.

How do I withdraw MP2 savings before maturity?

How do I withdraw my MP2 Savings? Youll have to wait five years before you can withdraw your MP2 Savings in full. Once your account docHubes maturity, you can fill out an Application for Provident Benefits Claim form and submit it online here.

How much will you earn in Pag-IBIG MP2?

For PHP 500 monthly savings Annual dividend payout YearMonthly savings (MS)Annual dividend payout2020500.00243.752021500.00693.752022500.001,143.752023500.001,593.751 more row Jan 20, 2023

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Can I withdraw my Pag-IBIG contribution after 10 years?

When can a Pag-IBIG member registered under the Mandatory Coverage (Pag-IBIG 1), withdraw his/her contributions? A member may claim his Total Accumulated Value (TAV) after 20 years of membership with the Fund and after having made a total of 240 monthly contributions.

Where do I send my MP2 enrollment form?

- by submitting your duly accomplished MP2 Enrollment Form and the corresponding requirements at any Pag-IBIG Fund branch.

What will happen to MP2 after 5 years?

Once your MP2 Savings docHubes its 5-year maturity, you may re-apply for a new Pag-IBIG MP2 Savings Account. Members may claim their MP2 Savings anytime upon its maturity. If unclaimed, your MP2 Savings shall continue to earn dividends based on the regular Pag-IBIG Savings Programs (P1) rates for two more years.

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What are the pre termination requirements for MP2?

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