The Pag-IBIG Overseas Program (POP)
POP SAVINGS PROGRAM
The Pag-IBIG Overseas Program (POP) is a voluntary savings program which aims to provide Filipino overseas contract workers ,immigrants and
naturalized citizens the opportunity to save for their future and the chance to avail of a housing loan of as much as P 2,000,000.00
WHO ARE QUALIFIED TO BECOME MEMBERS OF THE OVERSEAS PROGRAM?
Any Filipino or former Filipino citizen who works overseas is eligible to become a member of the Pag-IBIG Overseas Program by accomplishing
the Members Data Form and paying the required monthly membership contributions
HOW MUCH IS THE REQUIRED MONTHLY SAVINGS UNDER THE OVERSEAS PROGRAM?
Gross Monthly Income of Member Required Monthly Savings
US$ 1000 and below US$ 20.00
Over US$ 1000 to US$ 2000 US$ 40.00
Over US$ 2000 US$ 50.00
The member may remit or deposit either in US$ Dollars or the corresponding Philippine Peso equivalent based on the prevailing exchange rate
as of payment date.
WHAT ARE THE SALIENT FEATURES OF THE SAVINGS PROGRAM?
-Guaranteed by the Government of the Republic of the Philippines
-Tax Free Interest Earnings (No Witholding Tax)
-Fixed Interest Rate of 7.5%/annum for Peso Savings and 3%/ annum for US$ Savings
-Portable ( Even if member change employer/country of work)
WHEN CAN MEMBERS WITHDRAW THEIR SAVINGS?