Make your own free website on Tripod.com
PPRB

Sample Ballot

Home | Newsletter | Members List (Alphabetical) | Members List (By affiliation) | Sample Ballot | Referendum Procedures | Missing Members | Contact Us

PAL PILOTS’ RETIREMENT BOARD

Ground floor, ALPAP Headquarters

Andrews Avenue, Pasay City

 

 

OFFICIAL BALLOT

 

PPRB Referendum on Manner of Equity Release to Plan Participants

 

(June 16 to August 15, 2005)

 

Of the following options on the manner of the release/distribution of equity/retirement benefits to the Plan Participants:

 

 

A.      Prioritize the payment in FULL, less any loan obtained, all retirement benefits of bona fide claimants under the retirement plan who have reached the age of SIXTY (60) years or have died as long as there are funds available in excess of the operating fund needed to administer the Fund, provided that if ALL the assets of the Fund are sold, then all the participants shall get their full equity, regardless of age.

 

 

  1. Distribute among ALL the participants, regardless of age, an equitable percentage of their equity taking into account the available cash on hand after deducting the amount needed for the operation and administration of the Fund, and provided that the equity of those participants, who cannot withdraw their equity without being taxed, shall be set aside and kept intact until the said participants opt to withdraw the same.

 

                                    I choose option _________________.

 

 

PAL PILOTS’ RETIREMENT BOARD

Ground floor, ALPAP Headquarters

Andrews Avenue, Pasay City

 

 

                    Stub No.:   ___________

 

(For those voting through paper ballot)

 

____________________________________

 

Plan Participant’s Signature

 

 

               V.I.N.  ___________

 

 

__________________________________

 

Plan Participant’s Printed Name

 

 

PPRB Andrews Avenue, VAB, Pasay City