What happens to your Pag-ibig contributions when you retire?
someone is not paying attention during orientation or your HR is amiss somewhere (joke po)
your monthly contributions together with the employer's share accumulates into the TAV. members' TAV are invested as well as being loaned to members themselves with interest (depending what type of loan, MPL or calamity loan, the latter interest being less than 6%pa low). so upon retirement/ permanent separation, your TAV with dividends will be returned to you. there are options where you may ask for it earlier after ten(10) years or twenty (20) years. i.e. after 120 months or 240 months contributions.
Pag-Ibig / Philhealth Concerns
in Human Resource and Employment Opportunities
Posted
someone is not paying attention during orientation or your HR is amiss somewhere (joke po)
your monthly contributions together with the employer's share accumulates into the TAV. members' TAV are invested as well as being loaned to members themselves with interest (depending what type of loan, MPL or calamity loan, the latter interest being less than 6%pa low). so upon retirement/ permanent separation, your TAV with dividends will be returned to you. there are options where you may ask for it earlier after ten(10) years or twenty (20) years. i.e. after 120 months or 240 months contributions.