Pag-IBIG (HDMF) Monthly Contribution

Created by Kamiworkforce Support Admin, Modified on Wed, 13 Mar 2024 at 04:28 PM by Nica Naraja

The Pag-IBIG Fund is a mutual provident savings system for private and government employees and other earning groups, supported by matching mandatory contributions of their respective employers with housing as the primary investment.





Pag-IBIG Calculation


The monthly contributions for the members are



Monthly Compensation

Monthly contribution 


Employee Share
Employer Share 
P1,500 and below
1%
2%
Over P1,500
2%
2%


  • The maximum Regulatory Requirement for Monthly Compensation used in computing employee contributions is currently set at P10,000.
  • This means that the maximum member contribution and employer counterpart per month are both currently P200.





>>Payroll >Contribution types >Pag-IBIG

KAMI Pag-IBIG Computation


The full monthly contribution (200.00) is deducted on the 1st cut-off.



 

>>Payroll >View Reports >Pag-IBIG


Generating Pag-IBIG Contribution Report


Learn how to generate the Pag-IBIG Monthly report on KAMI.


Step 1: Go to View Reports and select Pag-IBIG




Step 2: Select the Year and Month - of the needed report



Filter for Subsidiary and Branches is also available if you want to export report for specific group.



Step 3: Create report and export preview - exporting preview is crucial so you can review the details first before creating the final report





Step 4: Create final report - to generate the report on the View Reports page



Step 5: Review and Add payment details on the Final report - make sure to input payment details in this section so your team can easily validate payments made for Pag-IBIG without going to other portals.




Upload option is available for you to import payment receipts from bank or any other document related to the contribution report and payment.





And you've successfully generated your report!


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