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(NAR) VOL. 22 NO. 2, APRIL - JUNE 2011

[ PRA CIRCULAR NO. 03, S. 2011, May 05, 2011 ]

ACCREDITATION OF ALL SRR VISA HOLDERS AS PRA MARKETERS UNDER THE MEMBER-GET-MEMBER SCHEME



In the interest of service and in order to have a clear-cut policy on accrediting all SRR Visa holders as marketers/agents of the Authority, the following provisions are hereby adopted, to wit:

1. The Member-Get-Member Scheme is a program encouraging all SRR Visa holders to become an individual marketer/agent of the Authority;
2. Acknowledgement of the SRR Visa and valid PRA ID card as pre-requisites for accreditation as marketer;
3. Issuance of the PRA Accreditation Certificate (as Marketer) valid for 1-year, and the Marketer’s ID Card;
4. The payment of the Marketer’s Accreditation Fee of USD 300.00 shall be deferred, and the same shall be deducted from the Marketer’s Fee for the Principal retiree enrolled into the SRRV program;
5. Marketer’s Fee (MF) of USD 500.00 (less withholding ax) will be credited to the retiree-marketer for each successful Principal retiree enrolled in the program, this fee shall not apply for retiree-members who migrate from the existing SRRV scheme to SRRV SMILE;
6. The granting of the Annual Persistency Bonus (APB) applies only for Principal retirees enrolled in the SRRV SMILE or the SRRV Human Touch; and
7. The payment of the Marketers Fee or Annual Persistency Bonus to PRA retirees shall only be granted for enlisting a new member in the program;
8. Presentation of latest/updated SRRV ID Card for the renewal of PRA marketer’s accreditation.

The Resident Retiree Servicing Center (RRSC) in collaboration with the Marketing Department shall have the duty of implementing this policy, and the responsibility for the dissemination of this Circular.

For implementation.


Adopted: 05 May 2011


(SGD.) VEREDIGNO P. ATIENZA
General Manager
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