Pag-IBIG Fund is a government-owned and controlled corporation in the Philippines. Its main purpose is to provide affordable housing and home loans to Filipinos. It also offers other financial services, like:
* Savings and Loans: It offers various savings programs and loans, including salary loans, calamity loans, and multi-purpose loans.
* Retirement Plan: Members can contribute to a retirement plan that provides financial support after they stop working.
* Housing Development: Pag-IBIG Fund develops and manages housing projects for low- and middle-income families.
Therefore, when you see "Pag-IBIG" in the context of "fund," it refers to this specific government corporation and its services, not a general meaning of "fund."