What is the Mutual Aid System or MAS?
The MAS is a death benefit system. It started sometime in the 50's as an "abuluyan system", whereby every member donates 10 centavos to the family of every co-
MAS PLAN BENEFIT
0 P 7,000.00
The beneficiary/ies of a member of MAS Plan 2, 3, 4, 5 or MAS 65 who dies by accident before reaching the age of 70, for Plans 0-
Upon reaching age 65, a member of MAS 65 shall receive a P 50,000 endowment benefit. Accordingly, his/her death benefit shall be reduced to P 150,000. A MAS 65 member who has been diagnosed to be terminally ill (life expectancy of 6 months) may obtain advance death benefit equivalent to 50% of his/her MAS benefit.
Until when am I supposed to contribute for the MAS?
If you are a member of either MAS Plan 0, 1, 2, 3, 4 or 5, you have to contribute your premium dues until you reach age 75. On the other hand, if you are a member of MAS 65, you have to continue paying your premium dues until age 65.
What is the EQUITY APPLICATION Policy and how does it affect my MAS membership?
The equity application policy applies to old MAS (Plans 0-
What happens if I fail to pay the required MAS contribution?
Your membership will lapse after a grace period of ninety (90) days. You will be allowed to reactivate your membership only if you are below age 70, in good health and have paid your MAS arrears.
What happens if my MAS membership lapses?
If you are not covered by the equity application policy, you will be refunded only 50% of the premiums you have paid. If you die, your beneficiaries will not be paid the death benefit. The 50% refund however, shall be given to your beneficiaries in case you have not obtained the same during your lifetime.
If you are covered by the above-
Why do I have so many deductions for the PPSTA MAS code in my pay slip?
For reason of expediency, the Department of Education (DepEd) Payroll Services Unit deducts the premiums for the different MAS Plans separately but if you add all of them, they will equal the premium for the MAS Plan of which you are a member.
What are the retirement benefit programs of PPSTA?
The retirement benefit programs of PPSTA are the following: 1. Mutual Retirement Benefit System (MRBS); 2. New Mutual Retirement Benefit System (NMRBS); and 3. Mutual Retirement Benefit System Plus (MRBS Plus).
What do I get from MRBS, NMRBS and MRBS Plus if I am a member of any of these plans?
If you are a member of our retirement benefit programs, you will get the following: MRBS -
What happens if I fail to continue paying my contribution to the retirement program in which I am a member?
Your membership shall be deemed to have lapsed. In which case PPSTA's obligation is to: MRBS -
What is the Sariling Sikap Loan Program?
Under the Sariling Sikap, you can borrow from the PPSTA payable through salary deduction up to a maximum of 3 years.
How fast can I get a loan?
If you have complete requirements, you can get your loan within one (1) day.
What is the schedule of the Sariling Sikap Loan Program in terms of netpay requirement, loanable amount, interest rate, etc.?
(Please use the calculator below)
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245 Banawe St. corner Quezon Ave., Quezon City, Philippines
Accidental Death Benefit
Hospitalization Daily Income
Disclaimer: The amounts may vary depending upon your previous loans and other circumstances. For a more accurate computation, Please contact our Loans Department at 0917-
Note: If death occurs after the retirement benefit has been granted PPSTA, shall no longer be liable to pay death benefit to the member’s beneficiary.