Minutes approved,

Coorection or additional last meeting I manifestedthat I will give the position

paper which is not able to submit may be next meeting about pag ibig
contribution, sumilang

ok it will be included in the minutes of the meeting.abad

committee report, liway financial statements

joves

request from the chairmanthat we come up with the new retirement plan for
conceptual a new retirement plan pagtalunan

whatever in mind that we have a high rish in 2015 back up by an actuarian

studies monthly cont 2gether w feu counterpart we never change the
percentage requirement stin employee counterpart I feel amount not
sufficient anymonre intent to have the ret plan to exist perpetually ang liit
ng contribution abad viable for a period of years

palaki ng palaki ang retirement liabilitiy under the law as far as the
retirement contribution of the employee is concerned that is not to be
counted in the ret pay that is to be returned to them it is only the feu
contrisbution which must be considered in the payment of the ret pay

the laws says 22.5% kulang u have to pay the difference nakakain un pondio
sa retirement dadating araw wala na ret mauubos

actuarian that we can only exist until 2030,

kung weare not do something

the easiest way is by increasing the contribution abad

on the part of the employee problem sa employee malalakihan, there are

many deductions sss pag ibig sa gross,

chairman=panu un sususmod sa 2030, gawa ng iba ret plan

for the new hires para meron din cla

but we have to have an actuarian studies

may mga suggestions next meeting para may presentation tayo for planning
lang

I have question by maharlika sumilang

Is it a separate entity which regards the retirement fund from the feu? The
reason y I asked because those provided is mandatory on the part of the
management, the fund for the mandatory ret will come from feu fund not
from the retirement plan, make sure investments

Risk by pagtalunan

Yes it is registered not only in the sec ,this is registered with central bank and
the bir abad, the difference will be shared by the feu

Increase the loans granted to employees, what if we offer multi purpose loan
to employee, aside from educ Christmas loan, motor cycle and car loan, as
long as they are capable anh ve the capacity to pay and they are qualified,
make a proposal, emplouyee single d makapag avail ng educ loan, lagyan
mo ng criteria, mninimun amount max amount for whatever purpose it is.

Give it next meeting, 2 assignment good for the employees that he is

presenting

Educ.loan, discussed by ms. Liway, released

Almost all have Christmas outstanding loan, compliance to req whiete checks
pay slip nag increase pa ng loan

Possible e to increase the laonable amount as long na kaya nila, un 30 iilan

lang ang nakakakaya, ceiling the bigger the amount that they can borrow
the bigger our income paki gawan ng study which to respect to increase in
the ceiling 50 40 30 20same with the Christmas loan.

Housing

Pag ibig sbi nila cila inventory all qualified employees kung anu tumawag
somebaody from landbank un mga reposed properties foreclosed baka dun
daw tau makabili we will try policies and guidelines concominiumpattern
next meeting lack bandang Fairview, dbp 5.5 5.5 maraming offer housing
loan dbp,