Pag-IBIG Fund President and CEO Atty. Darlene Marie B. Berberabe presented Pag-IBIG updates to 200 corporate executives and members of the Employers Confederation of the Philippines (ECOP) at their 19th members general meeting (MGM) held at the Henry Sy, Sr. Auditorium, St. Luke’s Medical Center, Global City, Taguig.
She talked about how Pag-IBIG’s Institutional Housing Program (IHP) has helped employees of partner-employers in availing of its Housing Loan (HL) program. “We are bringing our programs closer to employees. They won’t have to take a day off just to avail of our services. Through the IHP, we can assist them in their housing needs. We doubled the loanable amount from P3 million to P6 million, lowered HL interest rate from 11.5% to 6.5%, and offered a subsidized rate of 4.5% to minimum wage earners,” she said.
Atty. Berberabe also discussed the Short-Term Loan Program, the increase of members saving under the Modified Pag-IBIG 2 Program, and the improvement of Pag-IBIG services with the implementation of the “new office look.”
“We maintained our ISO 9001 Certification, passed the Anti-Red Tape survey with flying colors, and gained Commission on Audit’s Unqualified Opinion for three consecutive years already,” she added.
The CEO further encouraged the attendees to avail of the Pag-IBIG Loyalty Card. The Loyalty Card is a benefits card exclusive for Pag-IBIG members who can enjoy perks and privileges including up to 50% discount on medicines from partner-pharmacies, up to 20% discounts from partner-schools, and P10.00 discount on LPG, among others.
“All of these were achieved without increasing the monthly contribution of P100,” she said.
After her presentation, Atty. Berberabe answered questions from attendees of the MGM. She was joined by her counterparts from Social Security System (SSS), PhilHealth, and Employees’ Compensation Commission (ECC) in their dialog with ECOP members. (JRS/Faye)