Pag-IBIG Fund members can now digitally apply for loan: Here’s how

Robie de Guzman   •   March 23, 2020   •   2040

MANILA, Philippines – The Pag-IBIG Fund has updated its loan application process to allow the digital processing of loans including Calamity Loan, amid the threat of novel coronavirus disease (COVID-19) in the country.

Most Filipinos are now in need of financial assistance after business operations were ordered suspended amid the fight against the spread of coronavirus.

Pag-IBIG Fund’s Calamity Loan Program seeks to provide immediate financial aid to its affected members in calamity-stricken areas.

Those who are qualified to apply are actively contributing members “residing in areas included in the declaration of a state of calamity by the Office of the President or the local council,” according to Pag-IBIG’s Calamity Loan Program FAQ.

President Rodrigo Duterte placed the Philippines under a state of calamity last March 17.

The loan applicant must also have at least 24 monthly membership savings and sufficient proof of income to qualify.

“If you have an existing Pag-IBIG Fund Housing Loan, MPL and/or Calamity Loan, your payments must be updated for you to qualify,” its FAQ reads.

On its Facebook page, Pag-IBIG said it released an updated guide on how its members can digitally apply for Multi-Purpose Loan and Calamity Loan to “accommodate members who have no access to a printer.”

Here’s how to digitally apply for a loan:

1. Applicants should fill out forms for Multi-Purpose Loan and Calamity Loan

2. Save the filled-out form as PDF file

3. Send the PDF file via email to your company Human Resources (HR) department, authorized company representative, or Fund Coordinator along with one valid ID and the front and back images of your Loyalty Card Plus, or Landbank, UCPB or DBP cash card.

Pag-IBIG Fund said the company HR, authorized representative, or Fund Coordinator shall e-mail the following to the Pag-IBIG Fund email address designated for your area:

1. Your loan application and requirements

2. The filled-out ‘Employer Confirmation of STL Application’ bearing your name. Your authorized company representative or Fund Coordinator can download this fillable form via this link

The Pag-IBIG Fund said qualified members may borrow up to 80% of their total Pag-IBIG Regular Savings, which consist of their monthly contributions, their employer’s contributions, and accumulated dividends earned.

“If you have an outstanding Multi-Purpose and/or Calamity Loan, the amount of loan you will receive shall be the difference between the 80% of your total Pag-IBIG Regular Savings and the outstanding balance of your loan/s,” the FAQ read.

When should eligible members avail of the loan?

The agency said eligible borrowers must avail of the Calamity Loan within a period of 90 days from the declaration of a state of calamity.

The loan is payable within 24 months and comes with the initial payment due on the third month after the loan release.

Formally-employed members shall pay their loan amortization through a salary deduction arrangement with their employer while self-employed individuals, overseas Filipino workers, and all other individual payors may pay their amortization at any Pag-IBIG Fund branches.

Gov’t mulls emergency subsidy for middle class families

Marje Pelayo   •   April 8, 2020

MANILA, Philippines – Economic managers are looking for potential sources of funds to help the middle-class families amid the coronavirus disease (COVID-19) crisis.

Cabinet Secretary Karlo Nograles said the national government may extend support to the middle-class sector but not under the Social Amelioration Program or the cash aid intended for low-income families or the informal sector.

Nograles explained that the list of beneficiaries of the emergency subsidy program was derived from the 15 million poor families identified by the Department of Social Welfare and Development (DSWD) under the Pantawid Pamilyang Pilipino Program (4Ps).

The government added three million families from the informal sector to complete the 18 million target beneficiaries of SAP under the newly signed Bayanihan to Heal as One Act.

“Naglagay po tayo ng contingency dahil hindi naman malilimitahan sa 15 million (families) iyan (na base sa) 2015 census. Ang ginawa, nagdagdag pa sila ng three million, [We applied a contingency because we couldn’t limit it to 15 million families that was based on the 2015 census. What they did was they added 3-M,]” the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) Spokesperson explained.

Based on the current statistics, the Philippines has about 24 million families.

Minus 18 million families, Nograles said, there will be about 6 million middle class families that will be provided with additional cash subsidy.

“We have to define who the middle class is [and up to what extent is being a] middle class,” the official added.

Senate President Vicente Sotto III suggests a collaboration of records from the DSWD, the Department of the Interior and Local Government (DILG), the Department of Labor and Employment (DOLE); and the local government units.

“Government assistance should cover ALL those who are affected by the lockdown,” Sotto said in a statement.

Even the middle-income needs help. Nawalan din naman sila ng pagkakitaan, nabawasan din ang kanilang source of income, [They, too, lost their source of livelihood. Their source of income has also been affected],” he added.

Sotto pushed anew for the national ID system which would provide a database that is seen to solve the government’s problem with accounting the exact number of Filipino families.

Though the IATF-EID agrees with Sotto on the matter, the agency said it would be difficult to process a national ID given the current national crisis. MNP (with details from Harlene Delgado)

Cooperation, proper execution of gov’t health interventions: Keys to stopping COVID-19 infections — Expert

Marje Pelayo   •   April 8, 2020

MANILA, Philippines – Experts estimate that coronavirus disease (COVID-19) outbreak would reach its peak between the months of April and June this year.

Based on the current statistics, they believe that COVID-19 might infect about 600,000 to 1 million Filipinos if the public will not heed the enhanced community quarantine protocols.

But there are ways to curb the contagion, according to Chief Special Adviser Dr. Ted Herbosa of the Task Force on COVID-19 Crisis.

One of which is the proper execution of the national government’s health interventions.

Herbosa said the Task Force is recommending a ‘gradual lifting of liberties of societies.’

This public measure would help communities recover from the crisis while protecting the public from further infection.

“Siguro wala pa ring pasok para hindi magkahawaan ang mga bata. Siguro ang magkaka- trabaho lang iyong essential industries – pagkain, tubig – iyong mga importanteng industry,” Herbosa explained.

[Perhaps schools should remain suspended to protect students from infection. Only workers of essential industries – food, water or other important industries – would be allowed.]

Unti-unti nilang ire-release para hindi sisipa ang pagkalat kapag ibinalik mo agad mass transport ng walang adjustment. Siguro ang mangyayari diyan let’s say sa MRT, LRT limitado ang sasakay,” he added.

[Mass transport may be released gradually or on certain adjustments to prevent a sudden spike in infection. It could be, let’s say, limited number of MRT and LRT passengers.]

The official recognized the positive contribution of the enhanced community quarantine in slowing down the spread of COVID-19.

But the success of the national government’s action against the deadly disease will only be possible if each member of the community will understand the measures and cooperate with authorities. MNP (with details from Aiko Miguel)

UK PM Johnson ‘stable’ in intensive care – Raab

UNTV News   •   April 8, 2020

British Foreign Minister Dominic Raab said on Tuesday (April 7) he was confident that Prime Minister Boris Johnson, in intensive care with a coronavirus infection, would pull through because “he’s a fighter”.

“He remained stable overnight. He’s receiving standard oxygen treatment and breathing without any assistance. He has not required any mechanical ventilation or non-invasive respiratory support,” Raab told a daily news conference.

Johnson’s personal battle with the virus has shaken the government just as the United Kingdom, now in its third week of virtual lockdown, enters what scientists say will be the deadliest phase of its coronavirus epidemic, which has already killed at least 6,159 people.

Johnson, 55, was admitted to St Thomas’ Hospital, across the River Thames from parliament, late on Sunday after suffering symptoms, including a fever and a cough, for more than 10 days.

But his condition rapidly deteriorated, and he was moved on Monday to an intensive care unit, where the most serious cases are treated, in case he needed to be put on a ventilator.

“He remains in good spirits and … his progress continues to be monitored in critical care,” Raab said. (Reuters)

(Production: Paul Warren, Aiden Nulty)

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