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Who are qualified to claim their provident savings due to membership maturity?

April 26, 2017claim maturity membership Provident qualified savings

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Who are qualified to claim their provident savings due to membership maturity?

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• All Pag-IBIG members who have completed 20 years of membership, starting from the month that they made their initial contribution, and who have made a total of 240 monthly contributions at the time of maturity may claim their provident savings from Pag-IBIG. At the same time, members with gaps in their membership due to value suspensions of their contributions are also qualified to withdraw their savings. The valid reasons for suspension are: unemployment due to termination, resignation, suspension, company closure, or health reasons; leave without pay, approved waiver/suspension of Pag-IBIG coverage: and suspension of Pag-IBIG contributions from by Pres. Cory Aquino from May to July 1986.