How To Apply For Retirement/Separation Benefits

  • Accomplish CEAP Retirement Form No. 9 (Application for Benefits) in triplicate.

  • Indicate in the upper portion of the Application Form to which benefit the applicant is entitled to. The signatures of the applicant/member and the school’s authorized signatory are required and all pertinent information must be filled up for the Application to be processed.

  • The application for the payment of benefits must be filed by the member with the CEAP Retirement Plan Office at least 30 days in advance of the date of actual retirement, resignation or separation.

  • Benefit computation will be done by ASC Philippines, Inc., the Fund’s backroom provider and check preparation will be prepared by MetroBank Trust Banking Group. The check will be made out to the applicant/member and mailed to the School.

  • The School shall have the first lien on the benefit to be received by the applicant/member to cover all his liabilities to his Participating Employer and all losses, costs and expenses which the School may incur through his dishonesty, defalcation, theft or any other act.

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