Is Pag-IBIG Fund Membership mandatory?
• Yes. Pag-IBIG Fund Membership is Mandatory. With the signing of Republic Act No. 7742 all SSS and GSIS members earning P4,000 and above monthly are mandatorily covered by Pag-IBIG fund. Membership to the fund is also open to the following individuals under Voluntary, to wit: • Private and government workers earning less than P 4,000 a month but who wish to join anyway; • Self-Employed workers such as professionals and businessmen; • Overseas contract workers (OCW); • Residents and immigrants in the United Staes and Canada; • Informal income group such as cooperative members; • Non-working spouses.
