Increase in the Amount of Cash Assistance
We are pleased to announce the increase in the amount of cash assistance effective July 1, 2021. The following are the types of cash assistance and its corresponding amount:
|TYPE OF CASH ASSISTANCE||FROM||TO|
|Funeral Aid Donation|
|Death of Member||Php60,000.00||Php65,000.00|
|Death of Spouse||12,000.00||15,000.00|
|Death of Parent||4,500.00||7,500.00|
|Death of Child (21 years old and below)||7,500.00||8,000.00|
|Death of Child (Above 21 years old)||4,000.00||5,000.00|
|Fetal Death (8 to 20 weeks)||2,000.00||3,000.00|
|Fire Victim Aid|
|Totally burned (owned/rented)||15,000.00||22,500.00|
|Partial burned (owned/rented)||5,000.00||8,000.00|
We enjoin all members to update your records with MEMABA. Note that the Association strictly adheres to your declared information in the processing of benefits.
For information and guidance.