What amount must self-employed members contribute monthly to the Pag-IBIG Regular Savings?

Prepare for the CHRA Statutory Monetary Benefits Test. Quiz yourself with flashcards and multiple-choice questions that include hints and explanations. Ensure you're geared up for success in your exam with our comprehensive resources!

Self-employed members are required to contribute a monthly amount of ₽200 to the Pag-IBIG Regular Savings program. This requirement helps ensure that individuals have a sufficient savings plan for future housing or other financial needs that Pag-IBIG supports.

The amount is set to encourage consistent saving among self-employed individuals, who may not have access to employer-sponsored retirement plans. Contributing to Pag-IBIG allows them to reap benefits like housing loans and other financial assistance which is essential for building financial stability.

Understanding the contribution rates is crucial for self-employed individuals as it directly impacts their financial planning and savings growth for housing or investment opportunities.

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