For purposes of this Section,"monthly compensation"shall mean the basic monthly salary plus cost-of-living allowance (COLA):Provided, however,That the maximum monthly compensation to be used in computing employee and employer contributions shall not be more than Five thousand pesos (P5,000.00). Th...
It is here where your money grows. Each year the Pag-IBIG Fund declares dividend and distributes the money to all Pag-IBIG Fund members. Your money, the money contributed by your employer (if you have one), plus the dividends all form part of the so called Total Accumulated Value. 2. ...
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