# copy of rs - is 6.5 (1)

```FICCO'S PENSION SAVINGS PLAN
1) INSTALLMENT SAVINGS
The Installment Savings (IS) program is categorized into IS 110 &amp; IS 120
IS 110 requires a fixed contribution of P100 or P200 per month per plan. The saver may choose
a term ranging from 12 months to 48 months and a saver may buy at his/her option, several plans
a) IS 110
P 100.00 monthly savings
TERM
12 mos.
18 mos.
24 mos.
30 mos.
36 mos.
48 mos.
P 200.00 monthly savings
TOTAL
MATURITY
Contribution VALUE
1,200.00
1,243.10
1,800.00
1,895.53
2,400.00
2,569.45
3,000.00
3,265.58
3,600.00
3,984.64
4,800.00
5,494.59
TERM
12 mos.
18 mos.
24 mos.
30 mos.
36 mos.
48 mos.
TOTAL
Contribution
2,400.00
3,600.00
4,800.00
6,000.00
7,200.00
9,600.00
MATURITY
VALUE
2,486.20
3,791.06
5,138.91
6,531.16
7,969.27
10,989.19
IS 120 gives the saver a choice of plans based on maturity values. The amount of periodic contribution
also depends on the length of the term and the manner of payment (monthly, quarterly, semi-annual, annual or
lump-sum) a saver can buy several or a combination of plans
b) IS 120
TERM
12 mos.
18 mos.
24 mos.
30 mos.
36 mos.
48 mos.
MATURITY
VALUE
MONTHLY
DEPOSIT
2,000.00
3,000.00
4,000.00
5,000.00
6,000.00
8,000.00
160.45
157.64
154.85
152.11
149.39
144.06
TOTAL
QUARTERLY TOTAL SEMI-ANNUAL TOTAL
DEPOSIT
DEPOSIT
DEPOSIT
DEPOSIT
DEPOSIT
(1,925.40)
(2,837.52)
(3,716.40)
(4,563.30)
(5,378.04)
(6,914.88)
478.69
470.34
462.09
453.93
445.88
430.07
(1,914.76)
(2,822.04)
(3,696.72)
(4,539.30)
(5,350.56)
(6,881.12)
949.57
933.14
916.91
900.88
885.03
853.93
(1,899.14)
(2,799.42)
(3,667.64)
(4,504.40)
(5,310.18)
(6,831.44)
ANNUAL
DEPOSIT
TOTAL
DEPOSIT
1,866.00
1,843.00
1,800.50
1,774.00
1,736.70
1,674.80
(1,866.00)
(2,764.50)
(3,601.00)
(4,435.00)
(5,210.10)
(6,699.20)
2) RETIREMENT SAVINGS
Retirement Savings (RS) has several options. The RS 205 series require a contribution of (5)
years and gives the saver an option to keep his/her money with FICCO for another one to five years more.
A saver may buy several or a combination of plans.
a) RS 205-A
TERM: 5 YEARS DEPOSIT PERIOD
CONTRIBUTION
Monthly
Quarterly
Semi-Annual
Annual
Lump-Sum
200.00
596.55
1,182.76
2,324.90
10,159.32
TOTAL
CONTRIBUTION
(12,000.00)
(11,931.00)
(11,827.60)
(11,624.50)
(10,159.32)
AT THE END OF
5th year
6th year
7th year
8th year
9th year
10th year
MATURITY
VALUE
14,211.36
15,163.12
16,178.62
17,262.13
18,418.21
19,651.71
b) RS 205-B
TERM: 5 YEARS DEPOSIT PERIOD
CONTRIBUTION
Monthly
Quarterly
Semi-Annual
Annual
Lump-Sum
100.00
298.30
591.40
1,162.50
5,079.66
TOTAL
CONTRIBUTION
(6,000.00)
(5,966.00)
(5,914.00)
(5,812.50)
(5,079.66)
AT THE END OF
5th year
6th year
7th year
8th year
9th year
10th year
MATURITY
VALUE
7,105.68
7,581.56
8,089.31
8,631.07
9,209.10
9,825.86
LUMP SUM
1,866.00
2,702.00
3,479.00
4,200.00
4,867.00
6,051.50
c) RS 205-C
TERM: 5 YEARS DEPOSIT PERIOD
CONTRIBUTION
Monthly
Quarterly
Semi-Annual
Annual
Lump-Sum
657.98
1,962.50
3,891.10
7,648.71
33,423.14
TOTAL
CONTRIBUTION
(39,478.80)
(39,250.00)
(38,911.00)
(38,243.55)
(33,423.14)
AT THE END OF
5th year
6th year
7th year
8th year
9th year
10th year
MATURITY
VALUE
46,753.94
49,885.14
53,226.04
56,790.69
60,594.07
64,652.16
The RS 215 series require a contribution period of ten (10) years and gives the saver an option to keep
his/her money for another two (2) to ten (10) years, after the 10th year. A saver may also buy several or a
combination of plans.
d) RS 215-A
TERM: 10 YEARS DEPOSIT PERIOD
CONTRIBUTION
Monthly
Quarterly
Semi-Annual
Annual
Lump-Sum
100.00
298.26
591.38
1,162.45
8,662.88
TOTAL
CONTRIBUTION
(12,000.00)
(11,930.40)
(11,827.60)
(11,624.50)
(8,662.88)
AT THE END OF
10th year
12th year
14th year
16th year
18th year
20th year
40th year
MATURITY
VALUE
16,931.53
19,275.35
21,943.61
24,981.24
28,439.37
32,376.20
118,381.86
e) RS 215-B
TERM: 10 YEARS DEPOSIT PERIOD
CONTRIBUTION
Monthly
Quarterly
Semi-Annual
Annual
Lump-Sum
153.87
458.93
909.94
1,788.66
13,329.57
TOTAL
CONTRIBUTION
(18,464.40)
(18,357.20)
(18,198.80)
(17,886.60)
(13,329.57)
AT THE END OF
10th year
12th year
14th year
16th year
18th year
20th year
40th year
MATURITY
VALUE
26,052.55
29,658.98
33,764.64
38,438.64
43,759.66
49,817.26
182,154.17
f) RS 215-C
TERM: 10 YEARS DEPOSIT PERIOD
CONTRIBUTION
Monthly
Quarterly
Semi-Annual
Annual
Lump-Sum
384.68
1,147.35
2,274.86
4,471.70
33,324.35
TOTAL
CONTRIBUTION
(46,161.60)
(45,893.96)
(45,497.20)
(44,717.00)
(33,324.35)
AT THE END OF
10th year
12th year
14th year
16th year
18th year
20th year
40th year
MATURITY
VALUE
65,132.22
74,148.41
84,412.69
96,097.85
109,400.58
124,544.78
455,391.35
AUTOMATIC LOAN FACILITY (ALF)
If a member fails to make a deposit on his/her specified due date, FICCO will automatically extend
a loan to the member in the amount equivalent to one month of his/her monthly contribution, provided his/her
delayed installment does not exceed one month. Interest of the ALF is 1.5% per month.
If ever the ALF is not paid by the member, the same shall be offsetted to the plan including the
above mentioned interest thirty (30) days after the due date of the facility (ALF) and the remaining balance
of the plan will be reversed to savings deposit.
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