Pag-IBIG MP2 Annual Dividend Not Credited – Resolved

 

If you have been monitoring your yearly payout MP2 account via Virtual Pag-IBIG and keep seeing that no dividend for 2023 has been reflected yet, do not worry.  You CAN apply for the release of your MP2 dividend. 

I opened an MP2 account with annual dividend payout in 2021.  Over the past 2 years, dividends were credited in Virtual Pag-IBIG within 2 months after the announcement of the dividend rate.  I withdrew the 2021 and 2022 dividends in June last year.   

This year, the 2023 dividend rate of 7.05% was announced in February.  However, by the end of May (3 months after the announcement), no dividend had been reflected in my account when I checked via Virtual Pag-IBIG. 

Concerned, I contacted a Lingkod Pag-IBIG agent via live chat.  I was informed that the crediting of MP2 dividends was ongoing and I was advised to wait.

One month later, still no dividend appeared in my account.  I was reading posts in MP2 groups on Facebook and came across people with same issue. I learned that some were able to withdraw their annual dividend even if it had not been credited yet in Virtual Pag-IBIG.

Early this month, I went to a Pag-IBIG branch and filed an application for the release of annual MP2 dividends.  After 4 working days, the 2023 dividend FINALLY appeared in my Virtual Pag-IBIG account.  The next working day, the dividend withdrawal was reflected.   

I was able to claim the annual dividend check 8 working days after I filed for its release.    

Pag-IBIG MP2 annual dividend withdrawal form