The Home Development Mutual Fund or Pag-IBIG Fund on Tuesday said it would not implement an increase in members’ contribution this year, deferring the scheduled monthly premium hike for the third time. “We affirm that Pag-IBIG Fund has no proposed contribution hike this 2023,” Pag-IBIG said in a statement sent to GMA News Online.
The Home Development Mutual Fund or Pag-IBIG Fund on Tuesday said it would not implement an increase in members’ contribution this year, deferring the scheduled monthly premium hike for the third time.
The agency said that, in 2019, it obtained the concurrence of our stakeholders to implement a planned contribution increase in 2021 —from P100 to P150 for members. “As part of our efforts to improve the benefits of our members and with our country’s continued economic recovery, we shall be conducting consultations with employer and labor groups regarding plans to increase our contribution rates to take effect no earlier than 2024,” Pag-IBIG said.order to suspend the premium rate hike
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Palace urged to likewise defer SSS, Pag-IBIG premium rate increases → BusinessMirrorA House deputy minority leader on Tuesday called on Malacañang to also defer premium hikes of the Social Security System (SSS) and the Home Development Mutual Fund, or Pag-IBIG Fund. House Deputy Minority leader and ACT Teachers party-list Rep. France Castro made the statement as she welcomed the deferment of the premium hike of the
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After PhilHealth deferment, solon seeks SSS, Pag-IBIG rate hike halt"I think we can cite the same reason to also defer the premium hikes of the SSS and the Pag-IBIG Fund. Inflation is still rising, with the first week of 2023 ushering in a big time oil price hike and a staggering increase in water and power rates," Castro, representative of party-list Alliance of Concerned Teachers (ACT) said in a statement.
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Solon welcomes PhilHealth rate hike halt; seeks similar for SSS, Pag-IBIGACT Teachers Rep. France Castro said President Marcos can also make the same move for SSS and the Pag-IBIG Fund, based on the same reason that prices of basic commodities and services are rising. | GabrielLaluINQ
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Solon calls for suspension of SSS, PAG-IBIG rate hike after PhilHealth - BusinessWorld OnlineAN OPPOSITION lawmaker on Tuesday called on Malacañang to suspend the scheduled contribution rate hikes for the private sector pension fund and the shelter financing fund, following the deferment of health insurance contribution increase. House Deputy Minority Leader Rep. France L. Castro said the Social Security System (SSS) and the Home Development Mutual Fund or […]
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After PhilHealth, suspension of SSS, Pag-IBIG hikes soughtHouse Deputy Minority Leader France Castro is pushing for a deferment of the hike in premium contributions to the SSS and the Home Development Mutual Fund or Pag-IBIG Fund. | JMAurelioINQ /PDI
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