"x x x.
Below are the 6 grounds for membership termination and withdrawal with Pag-Ibig Fund:
Membership maturity
A member is eligible for the refund if he/she has already remitted at least 240 monthly membership contribution. For Pag-Ibig Overseas Program (POP) members, they should’ve accumulated 4, 10, 15 or 20 years contribution depending on the option chosen upon membership registration.
Retirement
Upon reaching the age of 65, a member should be automatically retired. But he may opt to retire due to the following circumstances.
Actual retirement from the SSS, the GSIS or a separate employer provident/retirement plan, provided the member has at least reached age 45
Permanent total disability or insanity
The following disabilities shall be deemed total and permanent:
Temporary total disability lasting continuously for more than 120 days;
Complete loss of sight of both eyes;
Loss of two limbs at or over the ankle or wrist;
Permanent complete paralysis of two limbs;
Brain injury resulting in incurable imbecility or insanity; and
Such other cases which are adjudged to be total and permanent disability by a duly licensed physician and approved by the Board of Trustees.
4. Termination from Service by Reason of Health
5. Permanent departure from the country
6. Death
In case of death, the benefits will be divided among the member’s legal heirs in accordance with the New Civil Code as amended by the New Family Code.
x x x."
