Pag-IBIG Fund approves benefits package for repatriated OFWs under PBBM directive

In adherence to the directive of President Ferdinand R. Marcos Jr. to provide timely and meaningful assistance to overseas Filipino workers affected by the conflict in the Middle East, Department of Human Settlements and Urban Development Secretary Jose Ramon P. Aliling, who also chairs the 11-member Pag-IBIG Fund Board of Trustees, announced the approval of a special Pag-IBIG Fund benefits package for repatriated OFWs, allowing them to access their savings and receive temporary relief on housing loan payments as they recover and rebuild their lives back home.

Under the approved benefits package, qualified OFW members may apply to withdraw up to 100% of their Pag-IBIG Regular Savings, including their employee share, employer share, and dividends earned, even before its 20-year maturity; withdraw up to 100% 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.

The package forms part of Pag-IBIG Fund’s response to the directive of President Ferdinand R. Marcos Jr. to provide timely and meaningful assistance to OFWs affected by the conflict in the Middle East.

“In adherence to the directive of President Ferdinand R. Marcos Jr., Pag-IBIG Fund stands ready to extend practical and immediate assistance to our OFWs affected by the situation in the Middle East,” Aliling said. “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.”

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. These 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.

Meanwhile, Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta said Pag-IBIG Fund is ready to deliver the approved financial assistance package in a manner that is prompt, accessible, and responsive to the needs of affected OFW members, in support of the government’s broader assistance and reintegration efforts for them.

“We recognize that for this assistance to be truly responsive, it must be made available to qualified members in a manner that is fast, clear, and accessible,” Acosta said. “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. In doing so, Pag-IBIG Fund also supports the assistance and reintegration efforts being carried out by the Department of Migrant Workers and the Overseas Workers Welfare Administration for affected OFWs. Our goal is to make sure that qualified OFW members can turn to Pag-IBIG Fund for immediate and practical support as they recover.”
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Pag-IBIG Fund said members may access its 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, even as it supports the government’s energy conservation measures.