How decent housing would no longer be an impossible dream

In a country where some government agencies are often associated with inefficiency rather than excellence, the success story of Pag-IBIG Fund stands out as a testament to what excellence, integrity, and genuine commitment to service can achieve.

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At last week's Kapihan sa Manila Hotel last Sept. 3, Pag-IBIG Fund CEO Marilene Acosta did not just present impressive statistics; she also offered a vision of universal housing for all—one rooted in inclusivity, equity, and the belief that every worker, even those in the informal sector, has a right to a decent home.

The numbers alone are remarkable. By mid-2025, Pag-IBIG’s assets had climbed to a record-breaking P1.14 trillion, reflecting not only robust financial stewardship but also the deep trust of its 18 million members.

Last year, it declared a dividend rate of 6.6 percent on the regular savings and 7.1 percent for the voluntary or MP2 savings. As of last June, Acosta said net income is at P28 billion. Housing loan disbursements also reached an all-time high of P30.22 billion, directly benefiting Filipino families striving to own homes.

Of course, Pag-IBIG’s success can also be attributed to a law that calls for its mandatory coverage—a law I’m especially proud to have principally authored when I was senator. Now, 30 years after the bill I filed became law, Pag-IBIG is reaping the tremendous success I had envisioned with its increased amount of funds resulting from mandatory coverage.