SUSPENSION OF RULE ON PAYMENTS OF CONTRIBUTION IN ARREARS

Posted Posted in News

Your Meralco Employees Mutual Aid and Benefits Association, Inc. (MEMABA, Inc.) is pleased to announce
that the Board of Trustees has resolved to suspend, until further notice, the rule mandating payment of membership
contributions in arrears for Meralco Regular Employees who seek membership with the Association long after actual
date of regularization. Note that, previously, Meralco Regular Employees who apply for membership subsequent to
effective date of regularization are assessed membership contributions in arrears reckoned from actual date of
regularization.

Effective immediately, Meralco Regular Employees, who apply for membership with your MEMABA, shall
automatically enjoy full benefits and privileges upon payment of the first monthly contribution or an amount of only
ONE HUNDRED TWENTY PESOS (PHP120.00). Succeeding monthly contributions shall be facilitated via payroll
deduction.

The foregoing only applies to first time membership applications made by Meralco Regular Employees.
Former MEMABA members who voluntarily withdrew their membership in the past shall not be eligible.
For further inquiries and clarifications, please call local numbers 6993, 6994, 3936 and 3930.