Mechanics:

1. Promo will run from JANUARY 2, 2025 to DECEMBER 12, 2025.


2. Eligibility Guidelines:


• All member-borrowers who avail of any AFPSLAI Consumption Loan (Salary/Pension Loan, Emergency Loan, Multi-Purpose Loan and PVAO Pension Loan) from January 2 to December 12, 2025 and with net loan proceeds of at least Php50,000 (before CRI and DST) are qualified for the raffle.


• The member-borrowers should have at least Php1,000 Capital Contribution Account balance as of the draw date.


• Qualified borrowers shall be entitled to one (1) e-raffle entry for every Php50,000 net loan proceeds (before CRI and DST) of each covered loan availed within the quarterly promo period.

Example:

Name of Member-Borrower	Loan Release Date	Type of Loan	Net Loan Proceeds (before CRI & DST)	No. of e-Raffle Entry
JUAN DELA CRUZ	Jan 2, 2025	Salary Loan	Php200,000	4
JUAN DELA CRUZ	March 25, 2025	Multi-Purpose Loan	Php150,000	3
JUAN DELA CRUZ	June 24, 2025	Emergency Loan	Php75,000	1
JUAN DELA CRUZ	Sep 24, 2025	Salary Loan	Php150,000	3



• Combining the net loan proceeds of two or more loans for the purpose of reaching the required minimum proceeds of Php50,000 shall not be allowed.


• For cash prizes, status of loan availed within the respective quarter of the draw date must be current and outstanding. For four-wheeled vehicles, all existing loans of the member must be current and outstanding as of the draw dates to be qualified in the raffle draws.


• The e-Raffle number to be assigned shall be the corresponding Loan Account Number (LAN). For borrowers with single entry, e-Raffle number will be LAN-1, while those with multiple entries, e-Raffle numbers will be LAN-1, LAN-2, and so on.



Example:

NAME OF BORROWER			TYPE OF CONSUMPTION LOAN	DATE RELEASED	NET PROCEEDS	LAN e-RAFFLE ENTRY/IES
SUR NAME	FIRST NAME	MIDDLE NAME
DELA CRUZ	JUAN	SANTOS	SALARY LOAN	Jan 2, 2025	Php200,000	2025610251011945522-1 2025610251011945522-2 2025610251011945522-3 2025610251011945522-4
DELA CRUZ	JUAN	SANTOS	EMERGENCY LOAN	Sep 24, 2025	Php50,000	2025610251011946623-1



3. The member-borrower shall be classified under the branch office where he/she availed of the loan. The participating 33 Branch Offices are as follows:



21 MAIN BRANCH OFFICES		12 MINI BRANCH OFFICES
1. Aguinaldo	13. Tacloban	1. Rizal
2. Crame	14. Catbalogan	2. Manila City
3. Bonifacio	15. Zamboanga	3. Ilocos Sur
4. Sangley	16. Pagadian	4. Cagayan
5. Clark	17. Cagayan De Oro	5. Tarlac
6. Baguio	18. Davao	6. Nueva Ecija
7. Isabela	19. General Santos	7. Calamba City
8. Lucena	20. Cotabato	8. Bacolod
9. Lagazpi	21. Butuan	9. Bohol
10. Palawan		10. Dumaguete
11. Cebu		11. Tagum
12. Kidapawan		12. Iloilo



4. A total of 212 winners shall be drawn, or 53 winners per quarter. Breakdown of prizes for each quarter per area shall be as follows:



1st Draw	LOANS COVERED JANUARY 2 to MARCH 24, 2025 DRAW DATE: MARCH 31, 2025 PRIZES NCR LUZON VISAYAS MINDANAO TOTAL Php10,000 Cash 4 4 4 4 16 Php53,000 Cash 5 12 7 9 33 Toyota Wigo (1.0 E CVT) 1 1 1 1 4




2nd Draw	LOANS COVERED MARCH 25 to JUNE 23, 2025 DRAW DATE: JUNE 30, 2025 PRIZES NCR LUZON VISAYAS MINDANAO TOTAL Php10,000 Cash 4 4 4 4 16 Php53,000 Cash 5 12 7 9 33 Toyota Wigo (1.0 E CVT) 1 1 1 1 4
3rd Draw	LOANS COVERED JUNE 24 to SEPTEMBER 23, 2025 DRAW DATE: SEPTEMBER 30, 2025 PRIZES NCR LUZON VISAYAS MINDANAO TOTAL Php10,000 Cash 4 4 4 4 16 Php53,000 Cash 5 12 7 9 33 Toyota Raize (1.2 E CVT) 1 1 1 1 4
4th Draw	LOANS COVERED SEPTEMBER 24 to DECEMBER 12, 2025 DRAW DATE: DECEMBER 19, 2025 PRIZES NCR LUZON VISAYAS MINDANAO TOTAL Php10,000 Cash 4 4 4 4 16 Php53,000 Cash 5 12 7 9 33 Toyota Vios (1.3 XLE CVT) 1 1 1 1 4



5. A member-borrower may win only once/one prize per quarterly draw. If his/her name has been drawn more than once, he/she gets the prize with the higher(est) value.


6. Raffle draws shall be held at the AFPSLAI Head Office, Capinpin Avenue, Camp Aguinaldo, EDSA corner Col Bonny Serrano Road, Quezon City in the presence of AFPSLAI Audit Team and DTI representative. It may be viewed via Facebook Live.


7. Cash prizes shall be deposited to the member-winner’s Savings Deposit Account (SD-002/red passbook), subject to his/her submission of his/her Tax Identification Number (TIN) for the filing of the appropriate tax within 60 days from notification about his/her winning.


8. On the other hand, the vehicle shall be claimed at the AFPSLAI Branch Office or Satellite Office nearest the member-winner’s residential address based on our records.


9. Redemption period for vehicles is sixty (60) days from receipt of notification.


10. The cash prizes and vehicle shall be forfeited in favor of AFPSLAI, with prior approval of DTI, if the winner does not submit his/her TIN within 60 days from the sending of mail and e-mail by AFPSLAI.


11. These prizes (cash and vehicle) are non-convertible and non-transferrable.


12. All taxes that will be incurred in relation to the prizes shall be shouldered by AFPSLAI.


13. When claiming the cash prizes, winners shall present the registered mail and/or e-mail sent by AFPSLAI, two (2) valid IDs, and any valid ID/documents indicating TIN and address.


14. In case the winning borrower dies prior to receipt of his/her prize, the prize shall be given to his/her heirs, subject to submission of required documents for membership termination.


15. Winners shall be announced via official AFPSLAI Facebook Page, AFPSLAI Viber Channel, and AFPSLAI Website, and their names will be posted in all Branch Offices within five (5) working days from the draw date. Winners shall also be notified via registered mail and/or email.


16. By joining the promo, the member agrees to AFPSLAI’s Privacy Notice and hereby gives his/her consent to the collection and processing of his/her personal data for the purpose of participating in the loan promo. Further, the joining member gives AFPSLAI permission to disclose and publish his/her name and other information, in any mode or manner as it deems appropriate.

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TERMINATION OF MEMBERSHIP DUE TO SEPARATION FROM SERVICE OR EMPLOYMENT

Pursuant to Article XI, Section 4 of the amended AFPSLAI By-Laws and its implementing rules and regulations (as approved by the Bangko Sentral ng Pilipinas on January 29, 2021), existing regular members who have been separated from service or employment by reason of resignation shall be allowed to retain their membership provided they meet the minimum number of years in service or employment and such other terms and conditions as may be fixed and determined by the Board of Trustees. Failure to satisfy said terms and conditions shall be ground for termination of their membership in the Association.

Based on our records, several members no longer in active military/police/civilian service do not have service records that would show whether they meet the required service/employment tenure to be allowed to continue AFPSLAI membership. The following are the affected members:

Subject of Termination	Deadline for Updating	List of Members due for Termination
Regular Members separated from service/employment (Batch 1)	Not later than end of June 2023	Click here
Regular Members separated from service/employment (Batch 2)	Not later than end of June 2024	Click here
Regular Members separated from service/employment (Batch 3)		Click here
Regular Members separated from service/employment (Batch 4)	Not later than end of June 2025	Click here

We advise the members whose names appear in the list to immediately visit any AFPSLAI Branch or Satellite Office to submit the following necessary documents to update their records not later than the scheduled deadline for updating:

Valid Company / Service / Pensioner / Retiree ID or any 2 valid government-issued photo IDs, one (1) 2x2 recent photo Proof of eligibility: Retirement Order / Discharge Order / Resignation Order Service Record / Certificate of Employment Payslip / Statement of Earnings (if still in active service)

They may also render the necessary compliance through online means via email (bossg@afpslai.com.ph).

Failure to render the necessary compliance will result in the termination of membership of those included in the list. Termination of membership shall include the following consequences (Article XI, Sections 4 & 7 of the amended AFPSLAI By-Laws):

• Extinguish all the rights of a member including the right to receive dividends on capital contribution, interest on savings and other similar deposits;
• Extinguish the right to participate in the distribution of the net assets of the Association; and
• Automatic termination of the associate membership of their dependent/s.

For more information, please visit any AFPSLAI Branch of Satellite Offices nearest you.

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WINNERS OF THE CASHWERTE E-RAFFLE PROMO

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IMPORTANT ADVISORY TO ALL AFPSLAI MEMBERS

SUBJECT: TERMINATION OF MEMBERSHIP

1. INELIGIBLE CADETS / PROBATIONARY OFFICERS

Pursuant to Article XI, Section 4 of the amended AFPSLAI By-Laws and its implementing rules and regulations, existing cadets/probationary officers of the Philippine Military Academy, Philippine National Police Academy, Philippine Air Force Flying School, Officers Candidate School, Naval Officers Candidate Course, who are already separated from the academy/training school for reasons other than graduation or complete disability discharge (CDD) leading to becoming a pensioner, shall be disqualified to retain membership and shall be terminated subject to the terms and conditions as may be prescribed by the Board of Trustees.

The list of members, who are still categorized as cadets/probationary officers but have long been separated from the academy for reasons other than graduation or CDD, is listed here:

We advise the members whose names appear in the list to immediately visit any AFPSLAI Branch or Satellite Office to submit the following necessary documents to update their records not later than December 27, 2024 (Friday).

	Acceptable Documents as Applicable
a. Member identification	Valid Service/Pensioner/Retiree ID or any two (2) valid government-issued photo IDs
b. Change in payjur assignment	Appointment Order in new assignment or any equivalent document Copy of Birth Certificate and Marriage Contract of parents (if requesting reclassification as associate dependent) Complete Disability Discharge (for conversion to pensioner)

Membership termination shall commence on January 27, 2025 (Monday).

Members due for termination may be converted to either regular or be retained as associate members subject to satisfaction of eligibility requirements.

2. NON-UPDATING OF MEMBERSHIP RECORDS

Pursuant to Article XI, Section 5 of the amended AFPSLAI By-Laws and its implementing rules and regulations, any Regular or Associate member of AFPSLAI who failed to update his/her membership records for a continuous period of time may be terminated from the Association. Said termination process shall be subject to the date, effective application, terms and conditions, and procedures to be prescribed by the Board of Trustees.

Based on our records, several members have not updated their membership records for at least ten (10) years. The list of members due for termination is listed below

SUBJECT FOR TERMINATION	DEADLINE FOR UPDATING	SCHEDULED EFFECTIVE DATE OF TERMINATION	LIST OF MEMBERS DUE FOR TERMINATION
Members who have not updated their records (Y2014)	April 30, 2025	After posting of Annual Dividend in May 2025	Click here
Members who have not updated their records (Y2015)	April 30, 2026	After posting of Annual Dividend in May 2026	Click here

We advise the members whose names appear in the list to immediately visit any AFPSLAI Branch or Satellite Office to submit the following necessary documents to update their records not later than the scheduled deadline for updating:

	Acceptable Documents as Applicable/th>
a. Member identification	Valid Company/Service/Pensioner/Retiree ID or two (2) valid government-issued photo IDs, one (1) 2x2 recent photo Proof of Life (only for non-face to face updating)
b. Retention as qualified Regular Member	Appointment Order / Payslip / Statement of Earnings (if still in active service) Retirement Order / Declaration of Legal Beneficiary (for retired military or pensioner) / Appointment Order or Certification of Employment from Admin/HR/Personnel Affairs Office for civilian employees or its equivalent documents Discharge Order / Resignation Order Complete Disability Discharge for former Cadets reclassified as pensioners
c. Retention as qualified Associate Member	Copy of Marriage Contract or Birth Certificate, as applicable Appointment Order (for PVAO pensioner)
d. Retention as qualified Corporate (Regular or Associate) Member	Latest Board Resolution certified by Corporate Secretary and/or Secretary’s Certificate Latest General Information Sheet Contact numbers of the entity and authorized signatories Photo-bearing valid IDs of the account holders/ authorized signatories/corporate secretary Source of funds and nature of business Beneficial owners and beneficiaries of the corporate juridical entities Audited Financial Statements, if any Note:All authorized signatories must be AFPSLAI members whose individual records are also updated

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Highlights of AFPSLAI’s 52nd Annual Membership Meeting

The 52nd Annual Membership Meeting (AMM) was held via hybrid setup on May 25, 2024 at the Tejeros Hall, AFP Commissioned Officers Country (AFPCOC), Camp Aguinaldo, Quezon City and through online via Zoom. Regular members attended the meeting for the review of the Association’s accomplishments for the year 2023 through the President’s report; ratification of the acts and resolutions of the Board; approval of the proposed amendment to the By-Laws; and the election of the Board of Trustees for Y2024-2025.

In his welcome remarks, the AFP Chief of Staff and AFPSLAI Chairman of the Board of Trustees, Gen Romeo S Brawner Jr PA, proudly mentioned the accomplishments AFPSLAI has made, guided by the principles of initiative, innovation and integrity. These values have been instrumental in driving AFPSLAI forward and shaping its vision for the future. He proclaimed that through proactive initiative, the Association has demonstrated its commitment to meet the financial needs of its members. Through innovation, AFPSLAI has embraced change by introducing new products and services to deliver a seamless and modern banking experience to all members. He further assured the members that AFPSLAI’s commitment to integrity remains unwavering, with its ethical practices and transparency being recognized by esteemed organizations. Overall, he asserted that AFPSLAI is not just a financial association, but a community united by shared values and a common vision.

The message of Gen Brawner Jr was followed by the Report of the President & CEO, VAdm Gaudencio C Collado Jr PN (Ret), who presented the Association’s financial and operational performance for the year 2023. Some of the highlights of his report are the Annual Dividend Rate of 18.5% for the year, increase in ALMS benefit, CSR programs, and rebates amounting to Php 1 billion, which will be released to qualified memberborrowers in July. He also proudly informed the attendees that the Association made significant stride in enhancing the efficiency of services through technology such as the ATM, Online Appointment Portal, Customer Care Center, and enhanced AFPSLAI Mobile App. He also mentioned about the renovation of our offices and the opening of new satellite offices in 2024. He ended his message by thanking the members, workforce, Management, and the Board of Trustees for all the unwavering trust and support, and ultimately the Lord Almighty for His unfailing love and overflowing abundance to AFPSLAI.

At the end of the meeting, major cash prizes were raffled off, while minor cash prizes were pre-drawn the day before the meeting. Said prizes will be deposited to the Savings Deposit Account of the winning members who will be notified via e-mail and SMS.

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Cash N’ Drive Anniversary e-Raffle Promo Mechanics:

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REFER-CLAIMANT PROMO

REFER-CLAIMANT PROMO

ELIGIBILITY:

• All AFPSLAI members and Non-Members (herein described as “Referrer”), except AFPSLAI employees*.
• A referrer is one who is able to encourage the beneficiary of a deceased borrower (herein described as claimant) to claim CRI/Burial Assistance from the Insurance Provider through AFPSLAI.

*Project-based, CFRs, Retainers, Probationary, Regular, Board of Trustees, Corporate Officers and their relatives up to the second degree of consanguinity or affinity.

PROMO MECHANICS:

1. Interested “Referrer” may visit the nearest AFPSLAI Branch to obtain referral form/s
2. The “Referrer” must accomplish a Referral Form and present a valid ID for identification.
3. The “Referrer” and the “Referred Claimant” are both required to sign the referral form, and it must be submitted along with the necessary documents for CRI claims/Burial Assistance at the nearest AFPSLAI Branch.
4. The “Referrer” who successfully refers claimants/beneficiaries during the promo period will receive an incentive of ONE THOUSAND PESOS (Php 1,000.00). In case where the documents of the referred claimant are incomplete, the “Referrer” will not receive any incentive until the documentation is completed. All documents are subject to verification.
5. The “Referrer” will be notified by the Branch Office once the incentive is ready for release. The incentive will be released through cheque.

REQUIREMENTS:

REFERRER

1. Photocopy of two (2) valid IDs
2. Referral Form

REFERRED CLAIMANT/S

1. Original or Certified True Copy of Death Certificate
2. Original Birth Certificate or Certified True Copy of Baptismal Certificate
3. Attending Physician’s Form
4. KIA Report or Spot Report (for in line of duty)
5. Claimant’s Statement Form
6. Photocopy of two (2) valid IDs of the Claimant
7. Marriage Contract

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IMPORTANT ADVISORY TO ALL AFPSLAI MEMBERS

SUBJECT: TERMINATION OF MEMBERSHIP

Pursuant to Article XI, Sections 4 and 5 of the amended AFPSLAI By-Laws and its implementing rules and regulations, AFPSLAI shall be terminating the membership of those who:

• failed to update their membership records for at least ten (10) years; and
• are still categorized as cadets/probationary officers but have long been separated from the academy/training school for reasons other than graduation or complete disability discharge (CDD) leading to becoming a pensioner.

1. Non-updating of records for at least 10 years
• Membership termination of principal members shall mean automatic termination of the associate membership of their dependents.
• Should the associate members be the ones subject to termination, the principal members could retain their membership if their accounts have been updated at least once over the last 10 years.
2. Ineligible cadets/probationary officers
• Members are advised to visit any of the AFPSLAI Branch Offices and present appropriate documents to justify their membership retention.
• Members subject of cleansing may be converted to either regular or be retained as associate members subject to satisfaction of eligibility requirements.

The list of members due for termination is listed: >.

Subject of Termination	List of Members due for Termination
Non-updating of records for at least 10 years	Click here
Ineligible cadets/probationary officers	Click here

Concerned members should update their membership records not later than December 29, 2023 (Friday). Membership termination shall commence on January 26, 2024 (Friday).

Failure to render the necessary compliance will result in the termination of membership of those included in the list. Termination of membership shall include the following consequences (Article XI, Sections 4, 5 & 7 of the amended AFPSLAI By-Laws):

• Extinguish all the rights of a member including the right to receive dividends on capital contribution, interest on savings and other similar deposits;
• Extinguish the right to participate in the distribution of the net assets of the Association; and
• Automatic termination of the associate membership of their dependent/s.

Members whose membership was terminated in accordance with this policy may apply for readmission and shall be treated as new applicants for membership, subject to the same terms and conditions applicable to newly admitted AFPSLAI members.

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NEW POLICY ON MEMBERSHIP RE-ACTIVATION AND RE-ADMISSION

Effective August 31, 2023, members who were terminated on account of company-initiated membership cleansing efforts may request for re-activation or re-admission of membership.

WHO ARE QUALIFIED FOR RE-ACTIVATION OF MEMBERSHIP?

Those whose membership was terminated due to the regular membership cleansing efforts initiated by AFPSLAI. These are members whose membership was terminated on account of 10 years non-updating and inactive status (including ineligible cadets).

WHAT ARE THE CONDITIONS FOR RE-ACTIVATION OF MEMBERSHIP?

Application for re-activation is subject to eligibility verification. It should be filed within a period of 12 months from date of actual termination. However, members who have already received the termination proceeds for their terminated membership shall no longer qualify for re-activation.

WHAT HAPPENS UPON RE-ACTIVATION OF MEMBERSHIP?

Re-activated members shall be given new account numbers. Also, Balances on the accounts as of time of termination shall be reinstated upon re-activation of the membership.

WHO ARE QUALIFIED FOR RE-ADMISSION OF MEMBERSHIP?

Those whose membership was terminated on account of 10 years non-updating and inactive status (including ineligible cadets), but filed the request for consideration after 12 months from date of actual termination; and those who voluntarily requested for termination of their membership in the past.

WHAT HAPPENS UPON RE-ADMISSION OF MEMBERSHIP?

All applications for re-admission shall be treated as a new application for membership.

Further, the applicant will be subjected to the same terms and conditions applicable to newly admitted members of the Association. Hence, balances on the accounts as of time of termination shall NOT be reinstated upon re-admission.

WHAT HAPPENS UPON RE-ADMISSION OF MEMBERSHIP?

• Existing members will be allowed to request for re-activation only twice throughout the duration of membership with the Association, provided the reason for previous termination of membership is not the same.
• Application for re-admission of membership would not have any limit provided that the member is in good standing as of the time of termination of membership, whether due to cleansing or own volition by members concerned.
• Members whose membership was terminated on account of commission of acts inimical to the credit and good name of the Association, and those who were expelled from membership, are not qualified to apply for membership re-admission.
• As provided for under Article XI Section 7 of the existing By-Laws, members shall not be entitled to interest or dividend earnings after termination has been effected.
• Entitlement to interest/dividend earnings resumes only upon membership re-activation or re-admission.

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Corporate Outreach Activity

The AFPSLAI Corporate Outreach Activity was successfully conducted last August 19, 2023 at Airmen’s Club, Basa Air Base, Floridablanca, Pampanga. The first part of the activity was a seminar facilitated by Mr Jayson Lo on “Handling of Finances as a Family”. After the seminar was the medical outreach where various services were made available for the PAF officers, enlisted personnel, civilian employees and their dependents.

BGen Leo A Fontanilla, PAF Wing Commander, 5th Fighter Wing graced the event along with Col Randy Pascua PAF (GSC), Deputy Wing Commander, 5th Fighter Wing. Appreciation also goes to LtC William D Gimongala, PAF, Director for Civil Military Operations, Basa Air Base Hospital and Dental Dispensary Unit for their efforts and contributions from the planning to the implementation of the activity. AFPSLAI scholar-graduate and licensed optometrist Ms Antonette Kim R Lero performed eye exams and vision tests, prescribed and dispensed reading glasses, and gave advice on vision care.

BGen Leo A Fontanilla, PAF Wing Commander, 5th Fighter Wing graced the event along with Col Randy Pascua PAF (GSC), Deputy Wing Commander, 5th Fighter Wing. Appreciation also goes to LtC William D Gimongala, PAF, Director for Civil Military Operations, Basa Air Base Hospital and Dental Dispensary Unit for their efforts and contributions from the planning to the implementation of the activity. AFPSLAI scholar-graduate and licensed optometrist Ms Antonette Kim R Lero performed eye exams and vision tests, prescribed and dispensed reading glasses, and gave advice on vision care.

AFPSLAI is looking forward to more partnerships of this kind.

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Highlights of AFPSLAI’s 51st Annual Membership Meeting

The 51st Annual Membership Meeting (AMM) was held via hybrid setup on May 27, 2023 at the Social Hall, AFPSLAI Building, Camp Aguinaldo, Quezon City. In a hybrid setup, attendees may participate in person or online. Regular members attended the meeting for the review of the Association’s accomplishments for the year 2022 through the President’s report; ratification of the acts and resolutions of the Board; approval of the proposed amendment to the By-Laws; and the election of the Board of Trustees for Y2023-2024.

In his welcome remarks, the AFP Chief of Staff and AFPSLAI Chairman of the Board of Trustees, Gen Andres C Centino PA, proclaimed that AFPSLAI has consistently provided its members with valuable financial services, extended a helping hand in times of need, and empowered them to achieve their dreams. He reiterated the Association’s commitment to keep the members informed by utilizing various digital platforms, and to ensure the most efficient customer experience by improving the physical infrastructure and enhancing the network connectivity of the branch offices.

The message of Gen Centino was followed by the Report of the President & CEO VAdm Gaudencio C Collado Jr PN (Ret), who presented the highlights of the Association’s financial and operational performance for the year 2022, highlights of the Association’s 50th Anniversary and future projects. He ended his message by thanking the members, workforce, Management, and the Board of Trustees for all the support that fueled the stability and sustainability of AFPSLAI.

At the end of the meeting, major cash prizes were raffled off, while minor cash prizes were pre-drawn the day before the meeting. Said prizes will be deposited to the Savings Deposit Account of the winning members who will be notified via e-mail or SMS.

There will be audio and visual recording of the Meeting.

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AFPSLAI Launches its own ATM Identification Card

AFPSLAI officially launched its very own ATM Card on April 11, 2023 at the Head Office in Camp Aguinaldo, Quezon City. The ATM Card, which doubles up as an identification card, may be used to withdraw cash and do balance inquiries in ATMs installed at AFPSLAI branch offices.

The ATM card may be availed of initially at the following NCR branches: Aguinaldo, Crame and Manila, with a minimal fee of Php 100. Implementation in Luzon and Vis/Min areas shall be on April 19 and April 26, respectively

Helping AFPSLAI achieve this important milestone is ALLCARD Inc., an end-to-end card solutions provider based in the Philippines

Plans are underway to tie up with Bancnet to further expand our reach. This team up will enable our members to transact in Bancnet’s thousands of Automated Teller Machines nationwide. AFPSLAI is committed to provide our members with innovative technology solutions to further elevate their experience with us.

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AFPSLAI Celebrates its 50th Anniversary

AFPSLAI proudly celebrated its Golden Anniversary on December 1, 2022 at Tejeros Hall, AFPCOC, with the theme, “Celebrating memories. Breathing excellence. Charting the future”. The Master of Ceremony, Atty Russel Lee-Mao-Ao, set the tone for the program. The Opening Prayer was led by the EVP-GM, VAdm Ramil Roberto B Enriquez PN (Ret), together with Joseph the Sand Artist, who shared his unique talent in sand art. The President & CEO, VAdm Gaudencio C Collado Jr PN (Ret) welcomed the guests, followed by the Anniversary Message of the AFP Chief of Staff and AFPSLAI Chairman of the Board, LtGen Bartolome Vicente O Bacarro PA.

Several video presentations were also shown during the Morning Program. One video highlighted the significant milestones of the company for the past 50 years. Another video showed the yearlong member engagement activities that were carefully planned and executed to celebrate AFPSLAI’s golden year

Another highlight of the program is the launch of AFPSLAI’s Coffee Table Book, titled “Stories that Inspire.” The book features real-life stories of 50 AFPSLAI members. The official book signing was led by Mr Dindo Santos, Director, Financial Supervision Department IX, Bangko Sentral ng Pilipinas (BSP); LtGen Bacarro and VAdm Collado.

Employees and branch offices were also recognized that day for their dedication and exemplary performance. The Employee Excellence Awards is also the Association’s way of thanking the employees and encouraging more creativity, innovativeness, efficiency, integrity and productivity in the workplace.

Guest of Honor and Speaker was BSP Governor, Dr. Felipe M Medalla, who was represented by Mr Santos. Dr. Medalla delivered his Anniversary Message through a recorded video, who underscored the Association’s resilience over the past five (5) decades despite health and financial crises that plagued the country and across the globe

Following the program and culminating the December 1 Anniversary Celebration was the Grand Draw of the Golden Raffle Bonanza where 50 winners of Macbook Air 13”, 5 winners of Php 500,000 cash prize, and 5 winners of 4x4, top of the line, Toyota Fortuner vehicle. The Department of Trade and Industry (DTI) representative, Ms. Angela Mariano, witnessed the proceedings. It was also during the Grand Draw where AFPSLAI’s very first jingle was launched. Mr. Jonnel Alday, winner of the Jingle Making Contest, gave a live performance of his winning entry titled, “AFPSLAI.”

While the company’s services and operations have expanded, our mission remained constant. We are proud to celebrate our 50-year milestone with our employees, members, and partners – and look forward to the next 50 years!

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AFPSLAI Recognizes Outstanding Employees and Branches for 2022

Excellence Awards were conferred to deserving employees and branch who have exceptionally contributed to the success of the Association for the year 2022. Here are the Excellence Awardees for 2022:

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LIST OF AFPSLAI MEMBERS APPPROVED BY SECURITIES AND EXCHANGE COMMISSION (SEC) FOR DISTRIBUTION OF ALLOCATIONS FOR SCHOLARSHIP PLAN PHILIPPINES, INC. (SPPI)

The liquidator appointed by the Securities and Exchange Commission (SEC) has approved the following AFPSLAI members for the distribution of allocations for Scholarship Philippines, Inc. (SPPI):

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IMPORTANT ADVISORY TO ALL AFPSLAI MEMBERS

SUBJECT: TERMINATION OF MEMBERSHIP

Pursuant to Article XI, Sections 4 and 5 of the amended AFPSLAI By-Laws and its implementing rules and regulations, AFPSLAI shall be terminating the membership of those who:

• failed to update their membership records for at least ten (10) years; and
• are still categorized as cadets/probationary officers but have long been separated from the academy/training school for reasons other than graduation or complete disability discharge (CDD) leading to becoming a pensioner.

1. Non-updating of records for at least 10 years


• Membership termination of principal members shall mean automatic termination of the associate membership of their dependents.
• Should the associate members be the ones subject to termination, the principal members could retain their membership if their accounts have been updated at least once over the last 10 years.


2. Ineligible cadets/probationary officers


• Members are advised to visit any of the AFPSLAI Branch Offices and present appropriate documents to justify their membership retention.
• Members subject of cleansing may be converted to either regular or be retained as associate members subject to satisfaction of eligibility requirements.

In addition, AFPSLAI shall be terminating its Corporate Members which have not updated their membership records for the last ten (10) years, albeit several notification letters reminding them to update their records.

The list of members due for termination is listed here:

Subject of Termination	List of Members due for Termination
Non-updating of records for at least 10 years	Click here
Ineligible cadets/probationary officers	Click here
Non-updating of records for at least 10 years (Corporate Members)	Click here

Concerned members should update their membership records not later than December 29, 2022 (Thursday). Membership termination shall commence on January 26, 2023 (Thursday).

Members whose membership was terminated in accordance with this policy may apply for readmission and shall be treated as new applicants for membership, subject to the same terms and conditions applicable to newly admitted AFPSLAI members. On the other hand, terminated Corporate Members shall no longer be allowed to apply for readmission.

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TERMINATION OF MEMBERSHIP

DUE TO NON-ELIGIBILITY

Pursuant to BSP Circular 993, and the AFPSLAI By-Laws (Section 1, Article III and Sections 5 & 7, Article XI) and its implementing rules and regulations, AFPSLAI shall be terminating the membership of the following members:

Subject of Termination	Scheduled Effective Date of Termination	List of Members due for Termination
Members without eligibility documents and unsigned Membership Update Form	January 26, 2021	Click here
Members without eligibility documents	January 31, 2022	Click here

Those classified as ineligible members should submit the following documents to the nearest AFPSLAI Branch Office not later than the scheduled effective date of termination to avoid membership termination:

	Acceptable Documents as Applicable
Member Identification	Valid Service ID/Pensioner/Retiree ID or any 2 valid government-issued photo IDs
Regular Members	Appointment Order (for active police/military) Retirement Order/ Declaration of Legal Beneficiary (for retired military/pensioner) Appointment Order or Certification from Admin/ HR/ Personnel Affairs Offices for Civilian Employees or equivalent      documents
Associate Members	Copy of birth certificate (child)/marriage contract (spouse) Certificate of Pension/PVAO Pension ID

Members whose membership was terminated may apply for readmission and shall be treated as new applicants for membership, subject to the same terms and conditions applicable to newly-admitted AFPSLAI members.

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AFPSLAI Conducts Personal Finance Management Seminar at PAF Flying School

AFPSLAI facilitated a seminar on Personal Finance Management and Investment for students and officers of Philippine Air Force Flying School in Fernando Air Base, Lipa, Batangas on December 13, 2022. Col Christopher Fredeluces, Commandant of the PAF Flying School, gave his Opening Remarks. According to Col Fredeluces, they are honored to be given the opportunity to help their personnel become wise stewards of their finances.

Mr David Angway, a Registered Financial Planner, was the speaker for the said event. A total of 262 PAF students and officers attended the seminar (both online and onsite).

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GOLDEN RAFFLE BONANZA

50^th Anniversary Year-Long Raffle Promo

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Highlights of AFPSLAI’s 50th Annual Membership Meeting

The 50th Annual Membership Meeting (AMM) was once again held via webcast on May 28, 2022 (Saturday). Regular members attended the virtual meeting for the review of the Association’s accomplishments for the year 2021 through the President’s report; ratification of the acts and resolutions of the Board; approval of the amendments to the ByLaws; and the election of the Board of Trustees for Y2022-2023.

In his welcome remarks, the AFP Chief of Staff and AFPSLAI Chairman of the Board of Trustees, Gen Andres C Centino PA, mentioned that the past year has been a period marked by social and economic stability. But despite this, it was a prolific year as the Association exceeded its targets in terms of financial performance and its efforts to help stakeholders cope with the pandemic and those hit by calamities through various financial assistance. He thanked the employees and management for their dedication and commitment to uphold the mission of AFPSLAI. He charged everyone to continue working cohesively and carrying excellent work. He also hopes that the newly elected trustees in AFPSLAI will be productive and efficient as the members of AFPSLAI have bestowed upon them their trust and confidence. He also expressed his gratitude to the members for their continued patronage of AFPSLAI’s products and services.

Due to limitations on available technology, members shall cast their votes electronically using the Member Voting System from May 9, 2022 until 5:00 p.m. of May 24, 2022. Members may also send their comments and questions through the Member Voting System, which will be addressed during the actual meeting. Those that cannot be accommodated due to time constraints will be answered by Management through e-mail.

The message of Gen Centino was followed by the Report of then President & CEO BGen Cheston D Valencerina (Ret), who presented the highlights of the Association’s performance in its financial and operational aspects for the year 2021. He proudly announced the 18% Annual Dividend rate of AFPSLAI for the same year, which he mentioned is the highest dividend rate granted since 2013 and is relatively better than that of our competitors. His report also focused on the development of technology-aided services for better experience of our transacting clients. BGen Valencerina ended his speech by declaring the grant of ₱1.0 billion worth of loan rebates to qualified borrowers as AFPSLAI’s form of appreciation for their continued patronage of our loan products.

After the meeting proper, 25 of the 75 cash prizes were raffled off to Regular Members who registered for the AMM through the Member Registration System and who have a Capital Contribution Account balance of at least ₱1,000. Winners of the 50 minor prizes were already pre-drawn a day before the meeting by the Raffle and IT Support Committees and with the supervision and validation of the Audit Committee. The winners are listed below.

On the other hand, those who registered and actually participated in the virtual meeting will receive a free meal from Jollibee. An e-coupon code will be sent to the e-mail address of the participating member. To claim the free meal, the member must present the e-coupon code at any Jollibee restaurant nationwide. Redemption is valid until 60 days from the date of the e-mail.

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CONGRATULATIONS TO THE WINNERS OF GET CONNECTED e-RAFFLE PROMO!

WINNERS OF PORTABLE PLASMA STERILIZER

`

	NAME	E-RAFFLE TICKET
1	CAASI, MAILA CANDO	1004074
2	MATEO, EMERJAN HIERCO	1002634
3	PALADA, FRANCISCO ARMAMENTO	1001457
4	BASA, CRISTIAN PALCOTO	1001671
5	BALISI, RONIE HERNANDEZ	1005393
6	HARINA, GLAZIEL CAPONPON	1003787
7	ELEAZAR, DERWIN ABREA	1002945
8	ROSAROSO, RIA NATUEL	1000931
9	MANANSALA, NICOLAS MANANSALA	1000284
10	LACASANDILE, ARIEL CALDONA	1003469
11	PILLOS, CARLA GRACE FERNANDEZ	1004445
12	OCARIZA, LEA ANN JOVENAL	1000307
13	PANELO, TESSA DIANE GUEERA	1001635
14	PABALE, LIZEL DAVID	1000585
15	VILLARDA, RENATO NARCISO	1004275
16	LAGULA, BRYAN KRISTOFFER SELBOZA	1004665
17	DELA CRUZ, ARLYN DECENA	1003944
18	BAUTISTA, MARK DENVER ADNOL	1004318
19	GUMPAL, NICKO REY TABAYAN	1001138
20	ORILLOSA, MARIEL HUERNO	1001868
21	JUATON, AIFE ALIÑO	1001046
22	PUNLA, JERALD DOCTOR	1002710
23	CACHO, DEVID ROY DE LOS SANTOS	1004025
24	SIMON, EVELYN TAN	1002211
25	SORIANO, DOMINIC POLICARPIO	1005512
26	DIAMOS, GEDEON IBHRAIME PRINIEL	1001573
27	OPENA, MICIELO GRACIA CACCAM	1004061
28	RODRIGUEZ, JAENAFE KADUSALE	1003305
29	SALAZAR, JOSE ARNEL GARCIA	1001582
30	MACABUAT, SUHARTO TAMBIDAN	1006249
31	LITERATO, GENNIEVEB CAPA	1004276
32	DINSAG, AIZA MAE JOY DONGOGAN	1004973
33	DONA, R-VEEN CARLO MENDOZA	1003450
34	CONSTANTINO, NOLAN	1000628
35	JOSE, JEBRIN GALANG	1004714
36	NO, BOB GUMABAO	1006175
37	SAMONTE, RYAN IBITA	1005389
38	DIATRE, THELMA QUIJANO	1002629
39	PABALAN, ARMEL MENDOZA	1002135
40	VILLANUEVA, FELICIANO A	1000400
41	VEROY, MICHAEL CASTRO	1005879
42	TUPAC, DYNICHEE BANTILAN	1003993
43	VILLAROMAN, ALDRIN GALVEZ	1000360
44	TABO-TABO, MELODY TABONARES	1003032
45	ESPIRITU, JONATHAN BALTAZAR	1004487
46	HEBULAN, VICENTE ABONITA	1000124
47	GONZAGA, RITCHEL MAÑOSO	1003313
48	SANTOS, JUAN PALMERA	1005566
49	TUBIO, LILIA CASTILLA	1001355
50	FORTEZA, JULITO YTING	1006260

WINNERS OF IPAD PRO 11

	NAME	E-RAFFLE TICKET
1	PERALTA, JAKE ALCANTARA	1006178
2	ABAD, MARY JEAN BETITA	1006005
3	SALAPA, HAZEL PEPINO	1005895
4	FORCADILLA, REZA JOY CAPIN	1001867
5	CANDIDO, ERWIN JANAIRO	1001070

WINNERS OF IPHONE PRO MAX

	NAME	E-RAFFLE TICKET
1	DIVINAGRACIA, PAUL ANTHONY NACIONALES	1000022
2	CARODAN, ULYSSES MALUPENG	1000107
3	MARINAY, JAIRA MAE ALOSADA	1000041
4	TOLENTINO, JAYSON MANTO	1004431
5	CARANDANG, ROCHELL RAMOS	1005183

WINNERS OF MACBOOK 13”

	NAME	E-RAFFLE TICKET
1	UGAN, JANEMIL BUENAFE	1004203
2	PELECIO, DEXTER REFAMONTE	1000804
3	VIDALLO, CZARINA VALERIE NORELLA	1006057
4	BAUTISTA, REYMAR SOMIDO	1003631
5	PULUPUL, DALVER MENO	1001630

WINNER OF Php 500,000

	NAME	E-RAFFLE TICKET
1	LADINES, HELEN GACO	1003681

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ANNOUNCEMENT TO PLANHOLDERS OF SCHOLARSHIP PLAN PHILIPPINES, INC. (SPPI)

The liquidator appointed by the Securities and Exchange Commission (SEC) is ready to receive documents of legitimate claimants/planholders of SPPI. For and orderly receipt of documents prior to distribution, please take note of the following:

1. Due to current pandemic situation, please call or text the following numbers for your respective schedules and other queries from Monday to Friday (9:00 AM to 4:00 PM):



Telephone No:	(02) 7536.3657
Cellphone No:	Globe – 0945.148.7552 Smart – 0969.164.7858
Email Address:	jclunalawoffice@gmail.com



2. Prepare the ORIGINAL COPY OF SUPPORTING DOCUMENTS ESPECIALLY THE CERTIFICATE OF FULL PAYMENT (CFP) OR CERTIFICATE OF OWNERSHIP (COO) to verify your claims.


3. Claims filed 90 days after publication shall not be accepted




ATTY. JAKE C. LUNA
Securities and Exchange Commission
Appointed Liquidator for Scholarship Plan Philippines, Inc.
Unit 701 Pioneer Highlands North Condominium Tower 2,
Madison Street, Brgy Barangka Ilaya, Mandaluyong City

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AFPSLAI Recognizes its scholar-graduate for AY 2020-2021

The Armed Forces and Police Savings & Loan Association, Inc (AFPSLAI) held a simple program honoring its one and only graduate for Academic Year 2020-2021, Ms Antonette Kim Lero, last August 25, 2021 (Wednesday) at the BOT Room, AFPSLAI Head Office, Camp Aguinaldo, Quezon City. .

As a scholar-graduate, Ms Lero received a plaque of recognition and a gift watch. She was also given a cash incentive of Php 20,000 for having completed her Bachelor’s degree in Optometry at Centro Escolar University with Latin Honors (Cum Laude).

In her speech, Ms Lero mentioned that she acquired three (3) hard-earned values during her years as an AFPSLAI Educational Grantee – first is generosity as the program molded her to become a person who is willing to help anyone the best way she can; second is perseverance as being a scholar taught her the value of hard work; and lastly, giving compassion to the people she will be serving in the future.

The event was capped off with a message from AFPSLAI President & CEO BGen Cheston D Valencerina (Ret). He advised Ms Lero to stay focused and give her best as she prepares for her licensure examination, and to create a future that she is very passionate about.

The Educational Grant Program (EGP) is one of the Corporate Social Responsibility (CSR) initiatives of AFPSLAI. Since 2002, AFPSLAI has continued to provide financial assistance to the underprivileged but deserving dependents of Regular Members. To date, the AFPSLAI has produced 294 graduates, 101 of whom graduated with honors.

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On 8 July 2021, AFPSLAI President & CEO BGen Cheston D Valencerina (Ret) turned over ten (10) units of laptop to Wounded Soldiers Agriculture Cooperative (WSAC) at AFPSLAI Head Office, Camp Aguinaldo, Quezon City. The donated items were received by WSAC Chairperson, 1Lt Jerome J Jacuba PA.

WSAC’s mission is to enhance the technical capabilities of their members and would -be members to become more productive notwithstanding their disabilities.

The donated laptops will be used in WSAC’s Basic Computer Skills Training, which officially kicked off last 2 August 2021. In his speech, 1Lt Jacuba uttered the words: “My ability is stronger than my disability.” Despite losing his sight during combat operations, 1Lt Jacuba is a proficient computer user. He spearheaded this project to inspire and motivate his fellow wounded comrades. The said project is a collaboration with the DND - Project Kapakanan at Gabay sa Dating Kaanuan (KAPAGDAKA), TESDA - MuntiParLasTaPat District and Headquarters & Headquarters Support Group, Philippine Army (HHSG, PA) to provide training for the disabled/WIA Page 3 of 12 soldiers confined at Army General Hospital (AGH) and attached/unassigned at Army Holding Center (AHC).

The participants will undergo 20 days training (or 80 training periods) focusing on MS Office Applications (Word, Excel and PowerPoint) and basic military correspondence. Then, the participants will go through three (3) months of On-the-Job Training (OJT) within the Headquarters Philippine Army (HPA) to apply what they learned before returning to their respective units.

AFPSLAI is honored to support WSAC and 1Lt Jacuba in their efforts to boost the morale of wounded troops, develop their self-confidence, and reintegrate them into the mainstream as productive members of the society.

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AFPSLAI Turns Over Refrigeration Unit and Various Items Needed for the IFRCPA

AFPSLAI Clark Branch led by its Branch Head, Ms Angelie A Bruel, turned over the donation of a refrigeration unit and various items needed for the Infant Feeding Room and Children’s Play Area (IFRCPA) facility in the Headquarters of Tactical Operations Wing (TOW) Northern Luzon Philippine Air Force last July 7, 2021.

TOW Northern Luzon was very appreciative of AFPSLAI’s donation to the IFRCPA facility which was established in the Philippine Air Force’s effort to provide a better and improved working environment for all personnel, establish facilities that are Gender and Development compliant and promote family resiliency.

The items were received by Deputy Wing Commander COL Reynold R Rueca PAF GSC and Cpt Larrimar S Tangcay PAF Director CMO.

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HIGHLIGHTS OF AFPSLAI’s 49th ANNUAL MEMBERSHIP MEETING

In view of the COVID pandemic and the restriction on mass gatherings, the 49th Annual Membership Meeting of AFPSLAI was held virtually on May 29, 2021 (Saturday) at 8:00 a.m. via Zoom application. Part of the virtual meeting were the review of the Association’s accomplishments for the year 2020 through the President’s Report; approval of the Minutes of the 2019 Annual Membership Meeting; ratification of the acts and resolutions of the Board of Trustees, Corporate Officers and Management; and election of the Board of Trustees for Y2021-2022.

In his Opening Remarks, the AFP Chief of Staff and AFPSLAI Chairman of the Board of Trustees, Gen Cirilito E Sobejana PA, initially expressed his gratitude to the AFPSLAI members who participated in the virtual conduct of the annual convention. He then stated that AFPSLAI has shown resilience amidst the crisis. Despite the pandemic, the Association has achieved stable growth in business by instituting risk management practices. While the Association continues to deliver only the best for the customers, AFPSLAI’s core value on malasakit has been amplified in many of its corporate social responsibility programs. These initiatives underscored AFPSLAI’s intent to uplift the well-being of the members and make a positive impact within the boundaries of the communities to which it operates. He further declared that the Board and Management would continue to take steps for AFPSLAI to remain strong, resilient and well positioned to face the circumstances that would arise. Thus, the Association will continue to improve its infrastructures, business processes, internal controls, and compliance and risk management systems in order to sustain its leadership in the industry over the years. By the end of his message, Gen Sobejana encouraged the members of Board of Trustees and the AFPSLAI workforce to continue to persevere in delivering efficient and quality services to the stakeholders, especially in these trying times.

Subsequently, then President & CEO MGen Roseller G Murillo PA (Ret) rendered his report through a pre-recorded video. Aside from AFPSLAI’s financial and operational highlights for the year 2020, MGen Murillo also reported the Association’s initiatives in serving the financial needs of the members while ensuring the health and safety of the employees as the global health crisis continues to affect the business operations. Despite major travel and mass gathering restrictions, AFPSLAI was also able to extend support to its members and partner-institutions through various corporate social responsibility initiatives. MGen Murillo ended his speech by acknowledging the collective synergy of the entire workforce, from the Board of Trustees to the Management, the employees and the allied workers of the Association, and the continued patronage of all the AFPSLAI members. Guided by its core values, the Association will pull through all the challenges with a shared purpose and commitment to excel.

At the end of the meeting, cash prizes were raffled off. Minor prizes had been pre-drawn the day before the meeting. The cash prize will be deposited to the Savings Account of the winning member. The winners are listed below.

On the other hand, those who registered and actually participated in the virtual meeting will receive a free meal from McDonald’s. An e-coupon code will be sent to the e-mail address of the participating member. To claim the free meal, the member must present the e-coupon code at any McDonald’s restaurant nationwide. Redemption is valid until December 15, 2021 .

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AFPSLAI Now Accepting Applications for Educational Grant Program

The following are the qualifications:

Sponsor

• Must either be a:
• Regular member of AFPSLAI; or
• Deceased and former regular member of AFPSLAI
• With an aggregate annual family income not exceeding P950,000
• Sponsor (if not deceased) and spouse (if a member) must be in good standing with AFPSLAI

Applicant

• Legitimate / Illegitimate or legally adopted child of married / unmarried sponsor
• In the absence of children, legitimate / illegitimate or legally adopted brother or sister of single / unmarried sponsor
• Must be an incoming first year college student

Full details of the program can be found here.

Applications and complete documentary requirements must be submitted at the nearest AFPSLAI Branch Office on or before July 15, 2021 (Thursday).

The AFPSLAI Educational Grant Program caters to the educational needs of dependents of AFPSLAI Regular Members in need of financial assistance to pursue and complete tertiary education. Under the said program, grantees are provided with benefits and privileges,including payment of tuition and miscellaneous fees, monthly stipend, books and board & lodging expenses.

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Alternative Method of Authenticating Special Power of Attorney (SPA) and other Public Documents

Pursuant to the accession of the Philippines to the Hague Convention (commonly known as “The Apostille Convention”), AFPSLAI shall now accept public documents with apostille certification to replace legalization or consular authentication of foreign public documents. The public documents, however, must be executed by the authorities of the Apostille-contracting countries and territories. Else, the previous process of legalization or consular authentication shall apply.

Public documents shall refer to Special Powers of Attorney (SPAs); General Powers of Attorney; Affidavits; Deeds; Contracts; Assignments; Certificates of Birth, Marriage or Death; and other official documents.

An apostilled SPA shall now be allowed for the following AFPSLAI transactions if made thru an authorized representative:

• Withdrawals in excess of Php 50,000 or even below Php 50,000 if without withdrawal slip or if the slip is not properly filled out
• Claim of termination proceeds
• Request for bank certificates and statements of accounts
• Passbook replacement (loss/filled-up)
• Request for account conversion (single to joint or vice versa; additional/deletion of co-depositor)

An apostilled SPA shall be valid for twenty-four (24) months from the date of acknowledgement, except if to be used for AFP Pension Accounts as the term shall be determined by the AFP Finance Center.

For an updated list of Apostille-contracting countries and their competent authorities, please visit this link:
https://www.hcc.net/en/instruments/conventions/authorities1/?cid=41

Please be guided accordingly.

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AFPSLAI Virtually Holds its 48th Anniversary with the Launch of AFPSLAI Member Onboarding and Mobile Sales

On December 1, 2020, the Armed Forces and Police Savings & Loan Association, Inc (AFPSLAI) celebrated its 48th Founding Anniversary virtually with the theme, "Katuwang mo sa Pagbangon."

The celebration started with a Thanksgiving Mass at 8:00 AM held virtually at the Social Hall of the AFPSLAI Head Office in Camp Aguinaldo, Quezon City using Zoom webinar. The Mass was officiated by Rev. Fr. (Capt) Rommel M. Kiamco CHS of St Ignatius Cathedral, Camp Aguinaldo, Quezon City.

One of the highlights of the celebration is the launch of the AFPSLAI Member Onboarding that will allow prospective members to apply for membership online through AFPSLAI website.

True to its commitment of bringing its products and services closer to its members, AFPSLAI has also announced the availability of mobile sales. The AFPSLAI Team will process membership and loan transactions on-site.

For these services, AFPSLAI tied up with technology partner, Consolsys.

The program also highlighted by the conferment of the Employee Excellence Awards for 2020.

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AFPSLAI visits PN Headquarters, 2ID, AETDC and TRADOC

In line with the ongoing efforts to strengthen ties with the major services of the AFP and PNP, AFPSLAI President and CEO, MGen Roseller G Murillo PA (Ret), rendered courtesy calls to different major service units and training centers.

MGen Murillo was accompanied by BGen Rodel Mauro R Alarcon PA (Ret), EVP-GM; MGen Lenard T Agustin PA (Ret), SVP for Treasury; MGen Guillermo A Molina Jr II PAF (Ret), SVP for Administration; Ms Marilyn G Gahite, SVP for Operations; Mr Joseph T Macarilay, Area Operations Head, NCR/Luzon; Col Antonio L Sotelo Jr PAF (Ret), Acting Head, General Services Office; and Ms Marie Antoinette D Dela Cruz, Head, Corporate Affairs Division.

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AFPSLAI Turns Over Airconditioning Units to CGEASH and Computer Sets to PA Finance Center

AFPSLAI President and CEO, MGen Roseller G Murillo PA (Ret), turned over the donation of three (3) airconditioning units to Camp General Emilio Aguinaldo Station Hospital (CGEASH) on September 15, 2020 at the AFPSLAI Head Office, Camp General Emilio Aguinaldo, Quezon City. The units were received by Col Maria Sheila P Jardiolin MC (GSC), Commanding Officer of CGEASH with Col George Lalaguil PA, the Deputy Commander, GHQ & HSC. Also present during the turn-over were AFPSLAI’s SVP for Treasury Department MGen Lenard T Agustin PA (Ret) and Head of Corporate Affairs Division Ms Marie Antoinette D Dela Cruz. The new airconditioning units will be installed in the Emergency Room for the comfort of the patients especially during this time of pandemic.

On the same day, five (5) computer sets with printer and UPS were given to Philippine Army Finance Center to be used in the processing and recording of pay and allowances of PA personnel.

The donated items were received by Deputy Chief of PA Finance Center, LtCol Libreto C Olmoguez FS PA (GSC). Also present during the turnover were Chief Operating Officer of PA Finance Center LtCol Greg P Diesto PA and AFPSLAI’s Head of Billing and Collection Division (BCD) Ms Kathleen M Velasco.

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IMPLEMENTING RULES AND REGULATIONS (RULES) AND
FREQUENTLY ASKED QUESTIONS (FAQs) ON
BAYANIHAN TO RECOVER AS ONE ACT 2

As coordinated with the different Finance Centers, the loan moratorium coverage for all loans payable through pension and salary deduction, in compliance with R.A. No. 11494 or “Bayanihan to Recover as One Act (Bayanihan 2)”, will vary per pay jurisdiction, as follows:

We reiterate that the suspension of loan payment will apply to all existing, current, and outstanding loans with AFPSLAI granted prior to September 15, 2020 (effectivity of R.A. No. 11494).

Also, there will be no incurring of interest on interest, penalties, fees, and other charges during the mandatory one-time 60-day period. This will only result in an extension of your loan term for another two months.

Foregone interests during period of loan moratorium will however be collected on the new due date in cases of loan renewal pursuant to BSP Memorandum No. M-2020-068 and M-2020-075.

The Implementing Rules and Regulations (Rules) and Frequently Asked Questions (FAQs) on R.A. No. 11494 can be downloaded here. The Bangko Sentral ng Pilipinas (BSP) has issued Rules and FAQs to provide additional guidance and clarification on the implementation of the grace period.

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AFPSLAI renders courtesy calls to the Chiefs of PA and PNP

In line with the ongoing efforts to strengthen ties with the major services of the AFP and PNP, AFPSLAI President and CEO, MGen Roseller G Murillo PA (Ret), rendered a courtesy call to the Commanding General of the Philippine Army (PA), LtGen Cirilito E Sobejana PA on September 18, 2020 at Fort Bonifacio, Taguig City and the Chief, PNP, PGen Camilo Pancratius P Cascolan on October 6, 2020 at PNP Headquarters, Camp Crame, Quezon City.

MGen Murillo was accompanied by BGen Rodel Mauro R Alarcon PA (Ret), EVP-GM; MGen Lenard T Agustin PA (Ret), SVP for Treasury; MGen Guillermo A Molina Jr II PAF (Ret), SVP for Administration; Ms Rosario D Santos, SVP for Comptrollership; Ms Marilyn G Gahite, SVP for Operations; Col Antonio L Sotelo Jr PAF (Ret), Acting Head, General Services Office; and Ms Marie Antoinette D Dela Cruz, Head, Corporate Affairs Division.

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HIGHLIGHTS OF THE 48TH AMM

In view of the COVID pandemic and the restriction on mass gatherings, AFPSLAI virtually held its 48th Annual Membership Meeting on July 25, 2020 (Saturday) at 8:00 a.m. via Zoom application. Regular members participated in the virtual meeting for the review of the Association’s accomplishments for the year 2019 through the President’s Report; approval of the amendments to the Articles of Incorporation and the By-Laws; and election of the Board of Trustees for Y2020-2021.

In his Opening Remarks, the AFP Chief of Staff and AFPSLAI Chairman of the Board of Trustees, Gen Felimon T Santos Jr PA, said that AFPSLAI capped the year 2019 with a strong financial performance amidst regulatory and policy reforms, and intense competition from other financial institutions. For the year 2019, AFPSLAI focused on the enhancement of its products and services that are attuned to the varying needs of the members; the improvement of its infrastructures, core business processes, internal control, compliance and risk management in order to maintain the momentum of solid growth; and the performance of dynamic initiatives towards digital transformation to stay competitive and relevant in the fast changing business environment. These achievements speak of the Association’s stern commitment towards operational excellence, judicious financial planning & management, and customer-centric organizational culture. More than ever, Gen Santos Jr expressed that AFPSLAI has taken the challenges brought by COVID-19 to further enforce the resolve of the Association and demonstrate its corporate value of malasakit sa miyembro, sa kumpanya, at sa bansa.

The message of Gen Santos Jr was then followed by the Report of then President & CEO MGen Emeraldo C Magnaye PAF (Ret), which focused on the financial and operational highlights of AFPSLAI, as well as the Association’s initiatives on corporate social responsibility and its future outlook as the country shifts to the “new normal” due to the current global health crisis. MGen Magnaye ended his speech by extending his gratitude to all the members for their continuing support and patronage; to the Board of Trustees for their guidance and oversight; and to the AFPSLAI Management Team and employees for their untiring commitment.

At the end of the meeting, cash prizes were raffled off using a software developed by the AFPSLAI Information Systems Division (ISD). Minor prizes had been pre-drawn the day before the meeting. The cash prize will be deposited to the Savings Account of the winning member. The raffle was facilitated by the Raffle Committee and IT Support Committee, and supervised by the Audit Committee. The winners are listed below.

On the other hand, those who registered and actually participated in the virtual meeting will receive a free meal from Jollibee. An e-coupon code will be sent to the e-mail address of the participating member. To claim the free meal, the member must present the e-coupon code at any Jollibee restaurant nationwide. Redemption is valid until September 25, 2020.

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AFPSLAI Donates Two Service Vehicles to 7ID

AFPSLAI President and CEO, MGen Roseller G Murillo PA (Ret), turned over the donation of two (2) Innova vehicles to 701st and 702nd Infantry Brigades, 7th Infantry (KAUGNAY) Division on July 31, 2020 at Fort Magsaysay, Palayan City, Nueva Ecija.

The vehicles which are intended to enhance existing mobility assets of the two brigades were, received by 7ID Commander, MGen Alfredo V Rosario Jr PA. Also present during the turn-over were AFPSLAI’s SVP, Treasury MGen Lenard T Agustin PA (Ret); SVP, Administration/Chairman of Donations Committee MGen Guillermo A Molina Jr II PAF (Ret); and AFPSLAI Clark Branch Head Ms Angelie A Bruel.

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AFPSLAI activates Business Continuity Plan amidst COVID-19 crisis

On March 8, 2020, upon declaration of the State of Public Health Emergency throughout the country, the BCP Committee convened and activated the Business Continuity Plan. Guided by government policies and pronouncements, several measures were undertaken by the Association to ensure business continuity amidst the COVID pandemic, as follows:

OPERATIONS
With the declaration of Luzon-wide Community Quarantine, Management decided to temporarily cease operations starting March 17 (for NCR-Luzon Branches) and March 18 (for VisMin Branches) in support of the Government’s effort to curb the spread of COVID-19. Due to the restriction on mass gatherings, Management also cancelled all scheduled corporate activities such as information drives, financial literacy seminars and medical missions, among others.

In order to address the financial needs of its members, AFPSLAI decided to resume business operations starting April 13, 2020. In preparation for the reopening of offices, disinfection of office premises was prioritized and safety procedures, such as wearing of face masks, disinfection of footwear, thermal scanning, hand sanitation, and social distancing were put in place. Plastic shields were also installed to protect all frontline employees from the virus given their direct exposure to transacting members.

Management also had a special planning session to discuss its plans and program for the rest of the year considering the implications of quarantine, and the impact of the pandemic on the overall financial and operational performance of the Association.

ASSISTANCE TO MEMBERS
In consideration of the financial difficulty being experienced by the members brought about by the pandemic, AFPSLAI granted a two-month (April and May) loan moratorium for loans paid through salary/pension remittance. Due to the temporary closure of our offices nationwide, over-the-counter loan payments were also extended, without penalties.

EMPLOYEE HEALTH AND SAFETY
In compliance with DOH and DOLE guidelines, AFPSLAI had put in place procedures on the prevention and control of COVID-19.

AFPSLAI implemented alternative work arrangements such as work-from-home, reduction of work hours, rotation of workers and flexi-time, to minimize contact incidences. Medical supplies (vitamins, face masks, alcohol) and free shuttle service were also provided for the protection and safety of employees.

The health of all employees is monitored daily through the AFPSLAI COVID Monitoring System. Daily reporting is made by the Compliance Officer to the BSP on the results of the daily survey. Mass testing using rapid antibody tests is currently being done to ensure that all employees, including project-based personnel, are protected from COVID-19 spread and infection.

CSR INITIATIVES
Several donations were made to help partner-institutions perform their functions during the crisis. These include the donation of one ambulance to the Veterans Memorial Medical Center (VMMC); donation of grocery items to uniformed personnel assigned in checkpoints; donation of medical supplies such as N-95 masks, personal protective equipment, goggles and gloves, to healthcare workers in AFP Medical Center, PNP General Hospital and VMMC.

As a fund-raising initiative, employees also raised over Php 500K, which will be used to purchase COVID-related items for donation to the National Disaster Risk Reduction and Management Council (NDRRMC).

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AFPSLAI welcomes its new SVP for Treasury

MGen Lenard T Agustin PA (Ret) was appointed as AFPSLAI’s Senior Vice President for Treasury effective June 1, 2020. Born in Pasay City, MGen Agustin is a member of the Philippine Military Academy “Sinagtala” Class of 1986. He holds a Master’s Degree in Management Major in Public Administration at the Philippine Christian University.

He brings leadership, management and business skills developed as Commander of 7th Infantry (Kaugnay) Division; Commander of the 201st Infantry (Kabalikat) Brigade; Chief of Staff of the 2nd Infantry (Jungle Fighter) Division; Deputy Commander of AFP Civil Relations Service (CRS); Deputy Chief, Army Resource Management Office (ARMO); Commanding Officer of 20IB and 63IB; Assistant/Acting Comptroller of AFP Medical Center; Assistant General Manager/Finance Manager of AFP Commissioned Officers Club; and Budget & Fiscal Officer of CRS.

As the Corporate Treasurer and SVP for Treasury, MGen Agustin will oversee AFPSLAI’s cash operations and investments; billing and collection; and management and disposal of acquired assets.

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AFPSLAI Now Accepting Applications for Educational Grant Program

AFPSLAI is now accepting applications for its Educational Grant Program (EGP) starting April 13, 2020 (Monday).

The AFPSLAI Educational Grant Program caters to the educational needs of dependents of AFPSLAI Regular Members in need of financial assistance to pursue and complete tertiary education. Under the said program, grantees are provided with benefits and privileges, including payment of tuition and miscellaneous fees, monthly stipend, books and board & lodging expenses.

The following are the qualifications:

Sponsor

• Must either be a:
  • Regular member of AFPSLAI; or
  • Deceased and former regular member of AFPSLAI
• With an aggregate annual family income not exceeding ₱950,000
• Sponsor (if not deceased) and spouse (if a member) must be in good standing with AFPSLAI

Applicant

• Legitimate / Illegitimate or legally adopted child of married / unmarried sponsor
• In the absence of children, legitimate / illegitimate or legally adopted brother or sister of single / unmarried sponsor
• Must be an incoming first year college student

Applications must be completed and submitted at the nearest AFPSLAI Branch Office on or before July 15, 2020 (Wednesday).

Full details of the program can be found here.

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Important Advisory to All AFPSLAI Members

With the extension of the Enhanced Community Quarantine (ECQ) in identified COVID-19 prone areas of the country up to May 15, 2020 while others are placed under General Community Quarantine (GCQ), we understand that this crisis would continue to bring financial distress to our members. Hence, AFPSLAI shall implement the following:

1. Extension of the 30-day suspension of loan payments and other related interests for another 30 days effective May 2020 for all types of loans paid through salary/pension deduction. Thus, there will be no penalty charges for the deferred payments for April and May under automatic deductions.
2. Similarly, there will be no penalty charges for over-the-counter (OTC) payments on loans due from March 16 to May 15, 2020, provided that payments are made on or before May 22, 2020.

We are committed to helping our members, especially our frontline heroes, during this difficult time.

AFPSLAI Management

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Taal Volcano Victims Receive Aid from AFPSLAI

Last January 30, 2020, AFPSLAI conducted relief operations to help the residents in Batangas affected by the eruption of Taal Volcano.

AFPSLAI employees pooled their resources to donate water, canned goods, toiletries, clothes, pillows, towels, sleeping mats, and blankets.

The relief operation team, composed of employees from Corporate Affairs Division and AFPSLAI Lucena Branch, together with some volunteers from the AFP, brought the relief goods to the victims who are taking temporary shelter in Bauan Technical High School and Batangas Police Provincial Office.

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Great News to All AFPSLAI Regular Members

Quarterly placement for Capital Contribution Account (CCA) is now increased to ₱150,000! Terms & Conditions:

• Implementation of new placement limit starts in October 2019
• Valid only through salary or pension deduction
• Maximum quarterly CCA placement limit is inclusive of over-the-counter deposit of ₱15,000

Save money. Save time. AUTOMATE YOUR SAVINGS NOW! For inquiries, you may visit any AFPSLAI Branch or Extension Office nearest you!

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AFPSLAI Celebrates 47th Anniversary with Launch of New Services

On December 2, 2019, the Armed Forces and Police Savings & Loan Association, Inc. (AFPSLAI) celebrated its 47th Founding Anniversary with the theme, “Fostering Innovation through Digital Transformation”.

One of the highlights of the celebration is the launch of the AFPSLAI Mobile App that will allow members to monitor their deposit and loan balances, view recent transactions, apply for loans and open a savings deposit account. Aside from the convenience the App provides, it also helps members to have better control of their finances.

AFPSLAI has also announced the availability of its enhanced SMS and e-mail services. With the upgraded versions, members will now be able to receive SMS alerts on their withdrawal and loan transactions, promos, and other advisories. Those who will register their e-mail addresses will be able to receive important advisories, promos, latest news, and letters pertaining to the status of their loan and deposit accounts.

Members must personally fill-out the Registration Form at the nearest Branch Office to be able to download and to access the AFPSLAI Mobile App; to receive alerts thru SMS; and to receive e-mail. Members whose membership record have not been updated for at least three years need to update their membership prior to registration.

For these services, AFPSLAI tied up with technology partners, Consolsys and Infobip.

The program was also highlighted by the recognition of the awardees of the Excellence Awards for 2019.

Present during the program were Director of Management Information Systems Service, Department of Information and Communications Technology and the Officer-In-Charge of the Government Digital Transformation Bureau, Director Aida C Yuvienco; AFP Chief of Staff and AFPSLAI Chairman of the Board of Trustees, Gen Noel S Clement AFP; Vice Chairman MGen Romeo D Lustestica AFP (Ret); other members of the Board of Trustees, Guests, and Head Office and Branch Office managers, supervisors and personnel.

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AFPSLAI Recognizes Outstanding Employees and Branch of the Year

AFPSLAI promotes a culture of excellence not only for its members, but also for its employees. The sustained success of the Association is significantly credited to its workforce. Thus, awards were conferred to deserving employees during the formal program of AFPSLAI’s 47th Anniversary on December 2, 2019.

The Outstanding Civilian Field Representative (CFR) of the Year award recognizes the deserving CFRs who have contributed to the overall net loan production of their respective areas/branches.

Qualified candidates for the Employee, Supervisor and Manager of the Year were evaluated based on the following parameters: Commitment & Dependability, Feedback, Significant Accomplishments, and Personality & Work-Life Balance. The recognition is given to employees for their exemplary performance insofar as personnel, operational and model administrative management of their unit/individual tasks is concerned, thereby contributing invaluably to the overall success of the Association.

Lastly, the Outstanding Branch Office of the Year recognition is bestowed to the deserving branch office’s exemplary contributions to the Association’s overall objectives in the pursuit of operational and service excellence.

The following are the list of winners of AFPSLAI Excellence Awards 2019:

• MS JENNIFER T GABAS – CFR of the Year 2019
• MS ROSALINA I GUMABAY – CFR of the Year 2019 - 1st Runner-up
• MS NERISSA U DIMAANO – CFR of the Year 2019 - 2nd Runner-up
• MS EMELYN V DASIG – Employee of the Year 2019 (Head Office Category)
• MS CAMILLE Q PINEDA – Employee of the Year 2019 (NCR/Luzon Branch Office Category)
• MS ANALYN D ALVEZ – Employee of the Year 2019 (Visayas/Mindanao Branch Office Category)
• MR ARMAND G JUELE – Supervisor of the Year 2019 (Head Office Category)
• MR AXEL G GRAJALES – Supervisor of the Year 2019 (Branch Office Category)
• MS MA EVELYN A CORPUZ – Manager of the Year 2019 (Head Office Category)
• MS JOYCE R VALIENTE – Manager of the Year (Branch Office Category)
• PALAWAN BRANCH – Branch Office of the Year 2019
• BUTUAN BRANCH – Branch Office of the Year 2019 - 1st Runner-up
• ILOILO BRANCH – Branch Office of the Year 2019 - 2nd Runner-up

Congratulations to all the Excellence Awardees!

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AFPSLAI Scholars Soaring High!

Four (4) AFPSLAI Scholars are now registered professionals as they passed their respective licensure exams.

AFPSLAI scholar-graduates Mr Ferdinand B Llasos Jr of Central Mindanao University and Ms Sheena Jane V Ornido of Lyceum of the Philippines University – Manila are now licensed professionals. Mr Llasos is now a certified public accountant while Ms Ornido is a registered customs broker. Both scholars graduated Cum Laude.

Ms Ma Uly-Kristina E Morota of Centrol Escolar University – Makati passed the Psychometrician Licensure Examination held in October 2019.

On the other hand, Iloilo Doctors’ College graduate Ms Dane Tennessee P Muares is a registered nurse after she passed her licensure exam in November 2019.

AFPSLAI is just as proud as the families of these scholars who pursue excellence in their chosen fields. Congratulations and may you serve as inspiration to our existing scholars!

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