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The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG Fund (acronym of its Filipino name: Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno [a]), is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable ...
The following government agencies and corporations are attached to the department for policy and program coordination: [6] Home Development Mutual Fund (HDMF, but popularly known as Pag-IBIG Fund) Human Settlement Adjudication Commission (HSAC) National Housing Authority (Philippines) (NHA) National Home Mortgage Finance Corporation (NHMFC)
Government Service Insurance System PhilHealth Pag-IBIG Fund: Social Security System or Government Service Insurance System members; and Pag-IBIG Fund member: Voter's identification card: Commission on Elections: Registered voters for elections: PRC License ID: Professional Regulation Commission: Professional License
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Voluntary membership is also open to all Filipino immigrants, Filipinos naturalized in other countries, and permanent Filipino residents abroad. As a result, Pag-Ibig Fund provides representatives to accept membership applications and offer other Pag-IBIG Fund services to OFWs in the Kingdom. [28]
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The agency responsible for implementation is the Social Security System (SSS), and also the Government Service Insurance System (GSIS), the Philippine Health Insurance Corporation (PhilHealth), and the Pag-IBIG Fund (Home Development Mutual Fund) use the card. [3] The card was also suggested to be used as a voter ID. [4]
During that period, the Fund became the most profitable government corporation and was consistently listed in the top ten corporations in the Philippines. In 2008, the Pag-IBIG Fund was awarded the United Nations Scroll of Honour for its outstanding and innovative housing programs, a first for any Philippine government agency.