Biggest Pag-ibig Savings Ever Is 1.6 Million Pesos

Mr. Juanito Calubaquib of Tuguegarao City was able to save with Pag-ibig a total of 1.6 million pesos, the biggest ever in Pag-ibig’s 33-year history, according to a news story by Pag-ibig on its website  Accordingly, Mr. Calubaquib also earned the biggest total dividends ever, amounting to 234,000 pesos.   Last year, in 2014, […]

SSS Flexi-Fund vs. Pag-ibig MP2 — Which Is a Better Investment?

Updated June 2, 2014: Both SSS Flexi-Fund and Modified Pag-ibig 2 (MP2) are savings programs offered by government agencies. Both offer interest rates higher than those offered by banks for savings accounts and time deposits. Both programs are guaranteed by the Philippine government. Both are tax-free. Total savings plus their dividend or interest earnings are tax-free. Both […]

Good Changes in SSS Salary Loan Program

Updated September 21, 2015: We’re glad that the SSS has improved its salary loan program.  In January 2011, I wrote on this blog that SSS salary loans are not really low-cost, compared to some bank loans, such as the Credit-to-Cash of BPI Express Credit and the Easy Pay of BDO Credit Cards. Now,  finally,  SSS has listened to members’ […]

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