Pag-IBIG OKs benefits package for repatriated OFWs

MANILA, April 6 ------ Pag-IBIG Fund has approved a benefits package for repatriated overseas Filipino workers, allowing them to access their savings and receive temporary relief on housing loan payments.

In a news release on Monday, Pag-IBIG Fund said under the approved benefits package, qualified OFW members may apply to withdraw up to 100 percent of their Pag-IBIG Regular Savings, including their employee share, employer share, and dividends earned, even before its 20-year maturity.

They can also withdraw up to 100 percent of their Modified Pag-IBIG II or MP2 Savings, inclusive of returns earned, even before its 5-year maturity; or avail of a 3-month moratorium on Pag-IBIG Housing Loan payments, free from interest and penalties, with the loan term extended by three months. “Through this benefits package, qualified members may access their Pag-IBIG savings and receive temporary relief on housing loan payments, giving them more room to provide for their families and meet urgent needs during this difficult time," said Department of Human Settlements and Urban Development Secretary Jose Aliling, who also chairs the 11-member Pag-IBIG Fund Board of Trustees.

As of February 2026, Pag-IBIG Fund has 891,427 registered OFW members in the Middle East, including 86,234 MP2 savers and 40,024 housing loan borrowers, with the largest numbers in Saudi Arabia, Qatar, the United Arab Emirates, and Kuwait.

The approved relief measures are intended to help affected members meet urgent family and household expenses through early access to their savings, while also giving qualified housing loan borrowers breathing room from monthly payments as they recover and begin rebuilding their lives in the Philippines. It is in response to the directive of President Ferdinand R. Marcos Jr. to provide aid to OFWs affected by the conflict in the Middle East.

Meanwhile, Pag-IBIG Fund Chief Executive Officer Marilene Acosta said the Fund is ready to promptly deliver the approved financial aid package for affected OFW members. “That is why we will make applications for these benefits available online through Virtual Pag-IBIG, while also ensuring that our more than 200 branches, OFW Centers, and service offices are ready to assist members and their families," she said.

Members may access the services from Monday to Friday in office-based branches and from Tuesday to Saturday in mall-based branches, as well as through its digital service channel, Virtual Pag-IBIG.

Source: pna.gov.ph