Pag-IBIG Contribution Calculator (Updated 2024 Rates)

Instantly calculate your mandatory and voluntary Pag-IBIG savings. This calculator uses the rates effective February 2024, including the increased P10,000 Maximum Fund Salary (MFS). Provided securely by Northeast Business Solutions, Inc. (NBS).

Calculate Your Contribution

PHP
PHP
Enter the total amount you wish to contribute, including the mandatory share.

Contribution Summary

Employee Share (Your Contribution):

₱200.00

Employer Share (Counterpart):

₱200.00

Total Monthly Contribution:

₱400.00

Calculation Basis (MFS)

The Maximum Fund Salary (MFS) used for the 2% calculation is: ₱10,000.00 .

The minimum mandatory employee contribution is ₱200.00.

Understanding the 2024 Pag-IBIG Contribution Changes

Effective February 2024, the Pag-IBIG Fund implemented significant adjustments to monthly contributions. The pivotal change is the update to the Maximum Fund Salary (MFS) ceiling , which increased from P5,000 to P10,000 .

The Core Calculation Rules

  • Contribution Rate: Remains at 2% for both the employee and the employer.
  • New MFS Ceiling: P10,000.
  • Maximum Mandatory Contribution: P200 for the employee (P10,000 x 2%) and P200 for the employer, totaling P400.

The new rules state:

"Simula Pebrero 2024, ang buwanang hulog sa Pag-IBIG ay P400 na. Ito ay binubuo ng P200 na mula sa miyembro na tatapatan ng kanyang employer ng P200. Ang halagang ito ay nakabatay sa dalawang porsyento (2%) ng Maximum Fund Salary o MFS na ngayon na nasa P10,000..."

Source: Official Pag-IBIG Fund Q&A

Automate Your Payroll. Eliminate Compliance Risk.

Manually computing government contributions is time-consuming and prone to costly errors. NBS Payroll Solutions guarantees accurate, timely, and compliant calculations, freeing your team to focus on growth.

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