THE Board of Trustees of the state-run Home Development Mutual Fund (Pag-IBIG Fund) approved a record-high payout for members' savings for 2021, announcing that over P31 billion will be credited straight to members' savings accounts.

'I'm happy to announce once again that the Pag-IBIG Board has approved dividends for our members' savings in the amount of P31.79 billion – the highest declared amount in the history of Pag- IBIG,' Human Settlements and Urban Development Secretary Eduardo del Rosario said in a Pag-IBIG Fund statement released on Saturday.