13th CEAP Retirement Plan Assembly – Manila
The CEAP Retirement Commission has scheduled the 13th CEAP Retirement Plan Assembly as follows:
Date: August 30, 2012 (Thursday)
Time: 4:30 PM – 8:30 PM
Venue: SMX Convention Center
Seashell Lane, Mall of Asia
Pasay City, Metro Manila
Theme: “Renewing with Fervor @ 44 – Towards making the CEAP Retirement Plan the primary plan for private schools
and related institutions in the country”.
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CEAP Retirement Fund Pegged at P 4.405 Billion
For the eleven month period ( May 2011 to March 2012 ), the Fund’s net assets as of March 31, 2012 stood at P 4.405 billion, registering a 12.34% fund growth equivalent to P 483.948 million from the April 30, 2011 Fund level of P3.922 billion, driven by net contributions, realized income and unrealized gains. This is another milestone for the Fund, having previously breached the P 1 billion, P 2 billion and P 3 billion mark in 2000, 2005 and 2009 respectively. It’s growth has been steady, an average increase in Fund level of more than P 300 million during the last 5 years.
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Need A Lift?
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FAMI Mutual Funds Ranked No. 1 as of December 30, 2010
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President’s Message
Fr. Roderick C. Salazar, Jr.,
SVD CEAP President
Forty. As we may have often heard it said, life begins at this age. Why that may be is not really explained. But if it is so, what were the years before, one wonders. Pre-life, perhaps? Or maybe, though there may have been life, the one that starts at 40 is meant to be different. At this point, it is probably assumed that one has matured, having gone through the toddler years, the teen-age span, the young adult stage from the 20s through the 30s, and now – Ruby.
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Snapshots from 12th CEAP Retirement Plan Assembly - Davao
CEAP Retirement Office Secretariat - from left to right: Sister Maria Lourdes Mendiola, SSpS; Ms. Vilma V. dela Cruz; Ms. Lolita Santiago; Ms. Diana Grace Dumaua; Mr. Renato Maria L. Aseneta; and Ms. Filomena M. Amores.
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Bro. Narciso S. Erguiza, Jr.,
FSC - Chairperson,
CEAP Retirement Commission
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Fr. Gregorio L. Bañaga, Jr.,
CM - President,
CEAP
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Amended CEAP Retirement Plan Approved
The amendments to the CEAP Retirement Plan was formally approved by its Participating Employers during the CEAP Retirement Plan Assembly held at the Maynila Ballroom, Manila Hotel last September 15, 2009. Please see complete text... read more»
Plan Orientation Updates
RML Aseneta, Office Director, receiving plaque of appreciation from Sister Teresita Capurihan, SPC, Directress - St. Paul College, San Rafael, Bulacan
with the academic personnel of St. Paul College, San Rafael, Bulacan
with the academic personnel of St. Alphonsus Catholic School, Lapu - Lapu City, Cebu
RML Aseneta and FM Amores with the FDNSC Sisters: From left Sister Emma Villanueva, SACS Treasurer, Sister Precy Peralta, SACS Directress, Sister Catherine, Sister Leah and Sister Marjorie
Legal Forum
Legal updates on retirement by Atty. D. Abad Ceap Legal Counsel September 22, 2011 Download PDF file»
PERA Bill Signed Into Law
Republic Act 9505 – the Personal Equity and Retirement Account – was recently signed into law by President Gloria M. Arroyo. This paves the way for the establishment of a provident personal savings plan, which apart from promoting long-term savings would also develop the local capital market. read more»
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THE HOWs AND WHYs OF RETIREMENT
PREPARING FOR THE FUTURE
There is a saying that “life is what happens to us while we are making other plans.” The middle and later years of one’s life can be the most enjoyable and productive years of a person makes plans for what the rest of his life will be. The best time to do this is during the middle years when children have been reared, family responsibilities are diminishing and the search for self may be intensifying.
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FAMI’s Monthly Investment Program for CEAP Employees
First Metro Asset Management, Inc. (FAMI), a company that manages mutual funds and a subsidiary of First Metro Investment Corporation (FMIC), the investment banking arm of the MetroBank Group, recently launched its Monthly Investment Program (MIP) among the regional directors of the Catholic Educational Association of the Philippines (CEAP)...
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RETIREMENT AGE
AGE IS JUST A NUMBER.
So says the advertisement of some products that target people whose ages are not included in the numbers list of the 6/49 lotto or are entitled to use the (honorific?) title of senior citizen.
The age when a person is obliged to retire from active employment depends largely on the population profile of a country.
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| Deep in Consumer Debt? SMILE! |
Debt is death to those who abuse it. But what are you to do if you find yourself buried under a ton of consumer debt?
Well, the last thing that you should do is to frown to the point of making your eyebrows appear like they’re shaking hands. On the contrary, the first thing that should do is SMILE!
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| CIRCULAR - Monthly Contributions to the CEAP Retirement Fund |
In a resolution passed by the CEAP Retirement Commission, all Participating Employers are required to contribute monthly to the CEAP Retirement Trust Fund for the credit of your academic and non-academic employees an amount equal to 4% of their basic salary, as provided for in Section 2, Article VI of your CEAP Retirement Plan. read more»
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| CIRCULAR - Voluntary Contributions to the CEAP Retirement Fund |
In the midst of the prevailing global financial crisis, the CEAP Retirement Commission invites your academic and non-academic employees, who are active participants of the CEAP Retirement Plan, to participate in a pro-active savings program within the Fund. The twin objectives of this savings program is to promote the value of savings and as a mechanism to complement whatever benefits they will receive from the Plan upon separation or retirement. read more»
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| JOIN
CEAP RETIREMENT PLAN |
We are
pleased to announce that all CEAP-accredited Member
Schools are qualified to join the CEAP Retirement Plan.
For more information, please refer to the read more».
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An Appeal For A Better Philippines
by Bro. Manuel V. De Leon, FMS
former Chairperson, CEAP Retirement Commission
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