REYES, Stephen Cole R.

4AR-5
PP 3 Quiz No. 3
1. What does Pag-IBIG stand for?
- Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industriya at Gobyerno
2. At what age can you start contributing to Pag-IBIG?
- At least 18 years old but not more than 65 years old.
3. For an employee who earns 30,000Php a month how much does he/she
contribute to Pag-IBIG?
- He/She contributes 2% to Pag-IBIG
4. Can a family take out a loan for a 2,000sq.m. lot in the province?
- No, because the lot exceeds the maximum requirement which is 1,000 sq.
meters.
5. Which government body is in charge of providing meaningful protection to
members and their beneficiaries against the hazards of disability, sickness,
maternity, old age, death, and other contingencies resulting in loss of
income or financial burden.
- SSS (Social Security System)
6. Can the retirement benefit be taken out in lump sum?
- Yes, if a member who can no longer work due to old age.
7. Can a neighbor sponsor for their neighbor’s Philhealth contribution?
- Yes, it falls under the category of Sponsored Members.
8. The Philhealth monthly premium contribution is ranging from PhP300.00 to
PhP975.00. true or false?
- False, the monthly premium contribution is ranging from Php 200.00 to
Php 875.00
9. The employer shoulders ___% of their employees PhilHealth contribution.
- 50% of the total monthly premium contribution.
10. The ________is being offered to PhilHealth members to address health
conditions that trigger prolonged hospitalization and very expensive
treatments.
- Z benefit package.