Can you withdraw your PAG-IBIG MP2 Savings before its Maturity Date?

 Can I withdraw my MP2 savings before its 5-year maturity. Yes. You may pre-terminate and withdraw your MP2 Savings prior to its 5-year maturity, based on the following reasons:

• For active Pag-IBIG members:
  • Total disability or insanity
  • Termination from employment due to health reasons
  • Retirement
  • Permanent migration to another country
  • Unemployment due to layoff or company closure
  • OFW repatriation from the host country
  • Death of the MP2 account holder, with the MP2 Savings to be received by the member’s beneficiaries
  • Critical illness of the MP2 account holder or an immediate family member, certified
  by a licensed physician, and subject to approval by Pag-IBIG Fund
  
  
  • Other meritorious grounds as may be approved by the Pag-IBIG Fund Board of Trustees
  
  
• For Retirees and/or Pensioners:
  • Total disability or insanity
  • Death of the MP2 account holder, with the MP2 Savings to be received by the member’s beneficiaries
  • Critical illness of the MP2 account holder or an immediate family member, certified by a licensed physician, and subject to approval by Pag-IBIG Fund
  • Other meritorious grounds as may be approved by the Pag-IBIG Fund Board of Trustees
  
  
• For members with compounded dividend payout on their MP2 Savings
  • Principal MP2 Savings;
  • 50% of the total dividends earned from prior years; and
  • 50% of the dividends for the current year, which shall be released after the dividends for the said year have been declared and credited.
  
  
• For MP2 Savings with annual dividend payouts
  • Principal MP2 Savings, with 50% of the total dividends received from prior years to be deducted from proceeds; and
  • 50% of the dividends for the current year, which shall be released after the dividends for the said year have been declared and credited.