Pag-IBIG Contribution Calculator for Employees and Employers 2023
Updated: 2023-01-09T00:11:50Z
minute read

 

UPDATE: The Pag-IBIG Fund halted this year's premium increase (Pag-IBIG defers contribution hike to 2024 to ease burden on members: official). Pag-IBIG will still be using the ceiling contribution of Php100 instead of Php150 for the year 2023. Effective January 2023, the HMDF or better known as Pag-IBIG will increase its contribution rate. This pag-ibig contribution increase was supposed to be set in 2021, but was deferred to 2022 and was moved again this year.

 

Pag-IBIG Contribution Calculator for Employees and Employers 2023
"bookkeeping-accounting-taxes" by Firmbee is licensed under CC0

 

Anyone earning PHP5,000 above will have a ceiling contribution of Php150. The employer will also match the amount, making the EE-ER monthly contribution to Php300.

 




Pag-IBIG Contribution Calculator for Employees and Employers 2023


Instruction: Do not add a comma when inputting values. For example, you need to enter 1700 instead of 1,700 to calculate the values correctly.


Monthly Salary Employee’s Contribution Rate Employer’s Contribution Rate Total
At least ₱1,000 to ₱1,500 1% 2% 3%
₱1,500 – ₱4,999.99 2% 2% 4%
₱5,000 and above 3% 3% 6%

Your Monthly Contribution Your Employer's Monthly Contribution Total Monthly Contribution

Your Yearly Contribution Combined Yearly Contribution




 

 

 

Closing Thoughts

 

If you are self-employed, you just need to contribute Php150. However, if you want to avail for the housing loan in the future, you need to pay also the matching counterpart. Meaning, you will pay a total of Php300 monthly.

 

Almost the same rule applies to OFWs.

 

Refer to this article Pag-IBIG Contribution Table 2023: Computation, Payment Schedule, and More for more details.

 

 

 

What you should do today

 

Check how much will be your PhilHealth contribution for this year. PhilHealth Contribution Calculator for 2023.

 

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Quote

 

"Housing is absolutely essential to human flourishing. Without stable shelter, it all falls apart. "
- Matthew Desmond
 
 
 
- The Introvert's Perspective by ÆlfRæd (ElfCounsel)
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