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.
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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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