Manila: President Ferdinand R. Marcos Jr. has recognized the Pag-IBIG Fund for its outstanding service to Filipinos during the Government-Owned or Controlled Corporation (GOCC) Day.

According to Philippines News Agency, the agency noted in a Facebook post on Wednesday that its Chief Executive Officer Marilene Acosta received the Certificate of Recognition from Marcos. This honor highlights the agency's active participation in the GOCC Service Caravan last July, aimed at bringing government services closer to the public.

"This recognition affirms Pag-IBIG Fund's commitment to nation-building. We are proud to support the Department of Finance's Service Caravan as we bring Pag-IBIG Fund services closer to the public," Acosta said during the ceremony on Tuesday. She further expressed pride in standing alongside the country's top GOCCs that contribute dividends to the national government, noting that Pag-IBIG Fund is unique in returning its record earnings directly to its members.

Unlike most GOCCs that remit dividends to the national government under Republic Act (RA) 7656, also known as the Dividend Law, the Pag-IBIG Fund reinvests its earnings directly back to its members, in alignment with the Home Development Mutual Fund Law (RA 9679).

For 2024, the agency declared a record-breaking PHP55.65 billion in dividends. Members are set to receive a 6.60 percent dividend rate on Regular Savings and a 7.10 percent return on MP2 Savings. The agency stated that this recognition emphasizes its role in advancing financial empowerment and fiscal discipline, while ensuring that every peso earned directly benefits Filipino workers, their families, and the nation at large.