What is the current maximum fund salary limit for computing Pag-IBIG contributions?
The absolute maximum fund salary utilized for computing both employee and employer savings is currently capped at ₱10,000.00. Based on this cap, employers are legally obligated to remit exactly two percent of the monthly Fund Salary as their counterpart contribution. Furthermore, employers are strictly prohibited from illegally deducting their counterpart contribution from the employee’s regular wages. This critical financial guideline is enforced in accordance with Section 7 of Republic Act No. 8679 and Pag-IBIG Fund Circular No. 460. 18-May-26About Nicolas and De Vega Law Offices
Nicolas and De Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City, Metro Manila, Philippines. You may also call us at +632 84706126, +632 84706130, +632 84016392 or e-mail us at [email protected]. Visit our website https://ndvlaw.com/.
