THE Trade Union Congress of the Philippines (TUCP) expressed its support for Pag-IBIG Fund's plan to increase the nearly 4-decade old mandatory monthly savings rate for both members and their employers, starting January 2024.

In its letter to Pag-IBIG Fund, TUCP reiterated its position in 2019 to support the agency's planned increase. TUCP has been one of the country's largest labor organizations, composed of 27 labor federations, representing workers in the private and public sectors, seafarers, overseas Filipino workers and workers from the informal sector.