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Pag-ibig Retirement in the Philippines — Process Your Claims Quicker
If you’re nearing retirement and you’ve had more than one employer, check as soon as you can if all the records of your contributions since your started contributing to Pag-ibig are already in one branch of Pag-ibig.
Pag-ibig does not consolidate the records of members whose employers are located in different Pag-ibig jurisdictions; it depends on its members to consolidate their records.
It takes months to consolidate, so start now.
My husband, who had two employers and who also continued paying as a voluntary member while working abroad, had to track his contributions and consolidate them in one branch before he was allowed to submit his retirement claims.
The dollar-denominated Pag-ibig Overseas Program, however, is really separate. You make your claims separately at the Gil Puyat, Makati branch.
By the way, my husband has paid more than 240 monthly contributions, so he was to able to file a claim. But he’s still waiting because of the consolidation process.
Flexible Work Arrangements from the Department of Labor and Employment (DOLE)
Last December, when we were put on an extended forced leave, I wondered whether it was legal.
But that is water under the bridge now.
Some worse developments happened, and I’m now out of the company. Since the company is U.S.-owned, it was greatly affected by the U.S. recession.
It was good I had another job waiting, so I was able to continue paying our seemingly unending bills. The Lord made a way for me.
We were given separation payments, but they were not as substantial as those given by multinationals.
