How to Withdraw Pag-IBIG Fund Contributions

The Philippine government offered many services that Filipinos can enjoy and apply to it affordably with benefits to the members and to his/her family.

Just like in planning to own a house, the individual can visit the Home Development Mutual Fund (HDMF), popularly known as Pag-IBIG (Pagtutulungan sa kinabukasan: Ikaw, Bangko, Industriya at Gobyerno).

But when you’re already a member of the Pag-IBIG Fund, this topic will tackle about how a member can withdraw his/her contributions.

Pag-IBIG Fund guarantees the refund of member’s total accumulated savings (TAV), which consists of the member’s accumulated contributions, the employer counterpart contributions, if any, and the dividend earnings credited to the member’s account upon occurrence of any of the following grounds for withdrawal:

1. Membership Maturity

Member must have remitted at least 240 monthly membership contributions with the Fund. For Pag-IBIG Overseas Program (POP) members, membership with the Fund shall be at the end of five (5), ten (10), fifteen (15), or twenty (20) years depending on the option of the member upon membership registration.

2. Retirement

Member shall be compulsorily retired upon reaching age 65. He may however, opt to retire upon the occurrence of any of the following:
Actual retirement from the SSS, the GSIS or a separate employer provident/retirement plan, provided the member has at least reached age 45
Upon reaching age 60

3. Permanent Total Disability or InsanityThe following disabilities shall be deemed total and permanent:
Temporary total disability lasting continuously for more than 120 days;
Complete loss of sight of both eyes;
Loss of two limbs at or over the ankle or wrist;
Permanent complete paralysis of two limbs;
Brain injury resulting in incurable imbecility or insanity; and
Such other cases which are adjudged to be total and permanent disability by a duly licensed physician and approved by the Board of Trustees.4. Termination from Service by Reason of Health5. Permanent departure from the country6. Death In case of death, the Fund benefits shall be divided among the member’s legal heirs in accordance with the New Civil Code as amended by the New Family Code.Requirements for claim

1. Application for Provident Benefits Claim (APB, HQP-PFF-040)

2. Pag-IBIG Transaction Card and one (1) valid ID card with photo and signature of Claimant
Notes :

  • If the Pag-IBIG Transaction Card is not available, two (2) valid ID cards with photo and signature of Claimant.
  • Pag-IBIG Transaction Card and one (1) valid ID card with photo and signature of Claimant.

3. Service Record (For Government Employee)

4. Statement of Service (For AFP)

Additional requirements

(The following additional documents shall be submitted depending on the reason for claim)

a. Death
1. NSO Certified True Copy of Member’s Death Certificate

2.Notarized Proof of Surviving Legal Heirs (HQP-PFF-030)

3. NSO Certified True Copy of Birth Certificate of all children or Baptismal/Confirmation Certificate (If with child/children)

4. Notarized Affidavit of Guardianship (HQP-PFF-028) (if with child/children below 18 years old, or if child/children is/are physically/mentally incompetent)

5. To establish kinship with the deceased member, the claimant shall submit any one of the following:

  • NSO Certified True Copy of Member’s/Claimant’s Birth Certificate
  • NSO Certified True Copy of Non-Availability of Birth Record and Notarized Joint Affidavit of Two (2) Disinterested Persons (HQP-PFF-029)
  • Certified True Copy of Member’s/Claimant’s Baptismal/Confirmation Certificate
  • If Member is single, Certificate of No Marriage (CENOMAR)
  • If Member is married, NSO Certified True Copy of Member’s Marriage Contract and Advisory on Marriage.

b. Retirement

1. Any one of the following:

  • NSO Certified True Copy of Birth Certificate
  • NSO Certified True Copy of Non-Availability of Birth Record and Notarized Joint Affidavit of Two (2) Disinterested Persons (HQP-PFF-029)

2. Notarized Certificate of Early Retirement (For Private Employee only, at least 45 years old)

3. GSIS Retirement Voucher (For Government Employee)

4.Order of Retirement (For AFP)

c. Permanent Total Disability or Insanity/Termination from the Service by Reason of Health

1. Physician’s Certificate/Statement (With clinical or medical abstract)

d. Permanent Departure from the Country

1. Photocopy of Passport with Immigrant Visa/Residence Visa/Settlement Visa or its equivalent

2. Notarized Sworn Declaration of Intention to Depart from the Philippines Permanently (HQP-PFF-031) (No need to submit if already based abroad)

Step 1: Go to the nearest Pag-Ibig Fund office

Step 2: Proceed to window 1 to inquire about fund withdrawal. Present your valid ID to the staff.

Step 3: Proceed to window 2 as instructed and wait for verification (verification for any applied housing loan or short term loan).

Step 4: Upon verification, go back to window 1 and get your Application for Provident Benefits Claim (APB, HQP-PFF-040), fill it out and give back to the staff. The staff will then process your request and you will be given a claim stub which indicates when your check is ready to pick-up.If you aren’t sure of your Total Accumulated Value (TAV) you can always ask for print out, just visit nearest Pag-IBIG Fund office in your place or you can email them at [email protected] or call them 724-4244 (Pag-IBIG) – 24/7 Call Center operation.

Loading...