Cash flow is the net amount of cash that an entity receives and disburses during a period of time. A positive level of cash flow must be maintained for an entity to remain in business, while positive cash flows are also needed to generate value for investors.
Ito ang Dividend Rate sa Modified Pag-Ibig 2 at TAX-FREE yan! Ang ganda diba? Ito na marahil ang isa sa mga dahilan para makumbinsi kang mag-ipon at mag-invest sa tulong ng MP2.
Madali lamang makapagsimulang mag-ipon at mag-invest sa MP2!
Gamit ang Online Enrollment ng Pag-Ibig, maaari kang makapagbukas ng Modified Pag-IBIG II (MP2) Account kung ikaw ay miyembro na ng Pagibig at alam mo ang iyong Pagibig MID Number.
Ano Ba Ang Requirements ng Modified Pag-IBIG II (MP2)?
1. Kailangan ikaw ay Active Pag-IBIG Fund Members; o kaya naman ay Former Pag-IBIG Fund Members with source of monthly income and/or Pensioners, regardless of age, with at least an equivalent of 24 monthly savings.
2. Minimum na hulog sa MP2 savings is PhP500.
Yan lang! Sobra simple lang diba?
Paano ako makakapagbukas ng MP2 Account Online?
Madali lang makapag-bukas ng Modified Pag-IBIG II (MP2) Account. Sundan lamang ang mag sumusunod na steps:
The MP2 Savings Program is a voluntary savings program for members who wish to save more and earn higher dividends
than the regular Pag-IBIG Savings Program.
2. Who can save under the Program?
• Active Pag-IBIG Fund Members; and
• Former Pag-IBIG Fund Members with source of monthly income and/or Pensioners, regardless of age, with at least an
equivalent of 24 monthly savings.
3. Is there a minimum amount to what I can save under the MP2?
Yes. The minimum MP2 savings is PhP500.
4. Is there a limit to how much I can save?
There is no limit. You can save as much as you want under the MP2 Savings Program. In the event that you wish to save an
amount exceeding PhP500,000, you would have to remit the amount via personal or manager’s check.
5. How do I save under MP2 Savings Program?
You may regularly save a minimum amount of PhP500 in your MP2 Savings. You may also opt for a one-time savings.
6. How much dividends will my savings earn?
Your MP2 Savings shall earn dividends at a higher rate than that of the regular Pag-IBIG Savings Program. The dividends you
shall earn are tax-free.
Your dividends are derived from no less than 70% of the Pag-IBIG Fund’s annual net income.
Our 3-year average MP2 Dividend Rate is at 6.96%. Last year, the MP2 Dividend Rate was 8.11% - its highest ever. Kindly
refer to the table in this brochure for indicative MP2 Dividends that your MP2 Savings may earn.
7. When can I receive my MP2 Dividends?
You can choose to receive your MP2 Dividends through any of the following options:
• Upon its 5-year maturity, with your MP2 Dividends compounded; or
• Annually, with your MP2 Dividends credited to your savings or checking account with Land Bank of the Philippines (LBP),
Development Bank of the Philippines (DBP) or other banks that the Pag-IBIG Fund may accredit in the future. For
members who opt for annual dividend pay-out but have no Philippine bank account, especially in the case of overseas
members, MP2 Dividends shall be released via check payable to the MP2 Saver.
8. Can I re-apply for a new MP2 Savings once my MP2 Savings matures?
Yes. Once your MP2 Savings reaches 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 Program’s (P1) rates for two more years. After which, it shall be treated
as an accounts payable and shall no longer earn dividends.
9. Am I allowed to have more than one (1) MP2 Savings Account?
Yes. You can open multiple MP2 Savings Accounts should you desire.
10. Are Pag-IBIG MP2 Savings guaranteed?
Yes, your MP2 Savings are government-guaranteed.
11. Where does Pag-IBIG invest my money?
The Fund invests at least 70% of its investible funds in housing finance, as required by our Charter. The Fund also utilizes
its funds for its Short Term Loan (STL) Programs, and also invests in government securities, time deposits and corporate
bonds.
12. Can my MP2 Savings be withdrawn prior to its 5-year maturity?
The MP2 Savings can be withdrawn prior to maturity under any of the following circumstances:
• Total disability or insanity
• Separation from service by reason of health
• Death of the member or of any of his/her immediate family member
• Retirement (except when the MP2 Saver is already a retiree)
• Permanent departure from the country
• Distressed member due to unemployment limited to layoff and/or closure of company
• Critical illness of the member or any of his immediate family member, as certified by a licensed physician,
subject to the approval of Pag-IBIG Fund
• Repatriation of an Overseas Filipino Worker (OFW) member from host country
• Other meritorious grounds as may be approved by the Pag-IBIG Fund
13. Am I allowed to pre-terminate and withdraw my MP2 Savings prior to its 5-year maturity?
How much will I receive?
Yes, a member may pre-terminate and withdraw his/her MP2 Savings.
A member who opts for compounding of MP2
Dividends and later decides to pre-terminate his/her MP2 Savings for reasons other than the circumstances stated
above, shall only be entitled to 50% of the total dividends earned. A member who opts for annual MP2 Dividend payout
and later pre-terminates his/her MP2 Savings for reasons other than those stated above shall only receive his/her total
savings.
14. How can one enroll in the Pag-IBIG MP2 Savings?
Simply submit your duly accomplished MP2 Savings Application form at your nearest Pag-IBIG Fund Branch, along
with the following:
• Valid Identification Card
• Passbook or ATM Card of your nominated bank account
You may download the MP2 Savings Application form via http://www.pagibigfund.gov.ph/dlforms.aspx
15. How do I pay my Pag-IBIG MP2 Savings?
• Salary deduction, for those employed
• Over-the-Counter, in any Pag-IBIG Fund Branch nearest you
• Accredited collection partners. Visit www.pagibigfund.gov.ph/payments/paymentfacilities.html to know our growing list
of collection partners.
16. See below how your MP2 Savings may grow!
MP2 Savings of Php500 per month
MP2 Savings of Php1,000 per month
One-Time MP2 Savings of Php1,000,000.00 [One Million Pesos]
1. The Modified Pag-IBIG II membership is open to all Pag-IBIG I members only.
2. Membership under this program shall be solely a savings scheme.
3. Membership Term under this program shall be 5 years reckoned from date of initial payment of contributions under this program.
4. The member shall be entitled to annual dividends to be credited to his account in accordance with HDMF policies.
5. The member shall be entitled to receive his total savings (TAV) upon maturity.
6. Upon maturity, a member may opt to renew his/her Modified Pag-IBIG II membership for another five (5) years.
7. Unless withdrawn or renewed at maturity, the member shall be entitled to dividend rates subject to the Fund's existing policies.
8. The member shall promptly notify HDMF in writing of any change in address and civil status and personally fill-out Change of information form.
The Minimum Initial Investment for Philequity Fund Inc. is Php 5,000.00 pesos.
Invest through the following mode of investment:
3.1 Check — indicate name of the fund (i.e. "Philequity Fund, Inc.") in the "Payable to" portion 3.2 Deposit directly to any of our accredited bank accounts:
Important: For investments in US dollar or to Philequity Dollar Income Fund we recommend transacting your deposit with Unionbank since their US Dollar cash deposit is not subject to clearing.
Step 4:
After you filled up the downloaded form, scan it and send it back to Phil Equity via email for review. Also incude a copy of your deposit receipt/check/Proof of Remittance. Send Email To: invest@philequity.net
Step 5:
You will received a feedback from PhilEquity that your document and requirements is validated. You now need to send the original documents via Registered Mail.
Send it on this Address:
Philequity Management, Inc.
2005 East Tower, Philippine Stock Exchange Centre
Exchange Road, Ortigas Center, Pasig City, Philippines
That's it! Few days after they received your documents, they will notify you via email with a Confirmation Notice for your Initial Investment.
CONGRATULATION!
You just took the first step in preparing for a better future.
Mag-Invest Ka Pinoyis an IT Professional working in Singapore. He is an advocate of Financial Literacy in the Philippines. He founded Mag-Invest Ka Pinoy in year 2012 and started the website www.maginvestkapinoy.com. The mission of the website is to encourage every Filipino to learn how to Save, Invest their money and plan their Retirement.
