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  1. #1
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    Default Global Pension Plan for 35$

    I just found this Global Pension Plan.....

    This is a brief excerpt from the plan. Global Pension Plan

    Basically the idea is that for a small signup fee of $35 payable via eGold you could earn up to $55,000 and then even more with referrals. I have been signed up since December and am signing up family and friends so that they can profit down the road also.

    Global Pension Plan is nothing more complicated than a simple pension insurance. However, the program we have established makes it possible for our members to receive the financial benefits in a few months compared to years or decades in case of normal pension insurance. It also removes all the other negative details of the normal pension insurance savings and turns it into a tempting opportunity.

    Normally, according to the policy, once the holder of the pension insurance turns 65 or 70, the insurance matures and the benefits will be paid out. This means waiting of years, even decades before benefiting from the financial sacrifices person have made out of the salary months after months, years after years for even 45 years. Also a less favourable point of the normal pension insurance savings is that the later you enter the policy, the more you are required to pay premiums to gain at least reasonable benefits when the policy matures.

    Based on our extensive experience and vast contacts in financial world during the last few decades, we have succeeded in establishing a very unique plan around the basic idea of pension insurance with a reputable partner. By becoming a member of Global Pension Plan, You will get the pension insurance for a minimal flat rate of $35 . The fee includes all the expenses (processing, handling, anonymous debit card, shipping etc.) involved into Your Global Pension Plan membership and you will not be asked to pay any additional fees or expenses to receive the Compensation and the Loyalty Program Rewards.

    The next step towards the completion of our business plan is that our organization pledge the pension insurance contract of yours for 60% of the face value of $200,000 giving a liquid assets of $120,000 to proceed further (please see the accurate calculations below). Out of this amount will be paid the single premium payment of member's insurance policy, worth $41,000 (the anticipated average premium of 34 years old person).

    (Mortgaging the pension insurance contract is similar to property mortgaging when using the property itself as a collateral. The policy is a legally binding agreement given by a reputable insurance company.)

    The most tempting item of expenditure from the member's aspect is the one-time Compensation of $55,000 paid out few months after the sign up and the closure of the program from new sign ups. On the very same date of the Compensation payout the Loyalty Program Rewards will also be processed and paid out (please see more details below).

    Global Pension Plan


    --------------------
    Send PM for more information

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  3. #2
    Senior Investor Offshore-Wealth.com's Avatar
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    Default Offshore-Wealth.com

    Question,

    When you find out who is behind this and who the insurance company is, let us know.

    Good luck to all, Mike

  4. #3
    Senior Investor investor's Avatar
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    Default

    Corkside, PM's don't work, but please send info to [email protected]

  5. #4
    Investor antjesz2's Avatar
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    Exclamation Better Think Twice

    I had been offered this by a close friend of ours who does not recommend many programs, and at first I was very impressed. But when I read through all the details and thought a little further, I found it is by far too dangerous! At least you should do very careful DD about the company who offers this and maybe ask a few additional questions!

    The plan is that this company signs a life insurance contract on your behalf (you entitle them to do so by taking part in the program). Then the company is taking a loan from the insurance company in the amount of USD 200,000 on YOUR contract sum. So far it is a legitimate procedure as life insurances get loaned every day.

    They PROMISE that the complete premium for the insurance will be paid as a one-time fee out of the loaned amount, so you get USD 55,000 and your're done. The loan itself will be paid off once you turn 65 and the contract amount gets due.

    But what if they don't pay the premium as they promise to and run off with the USD 200,000 that they loaned on your contract?!? Then it may be YOU who will have to pay for the loan!

    I'm just finding out that my English is not as good as I thought when I am trying to explain complicated things like this... I hope you get the point. It's just a warning, something to think about twice. It MAY be okay, a lot depends on the construction of the contracts. There would probably be no risk if the insurance contract and the loan were not in your name, but the company made the contract with you as the insured third person only.

    But as far as I can judge from what I know there IS a risk, so I turned the idea of signing up for this very quickly!

  6. #5
    Senior Investor everwiser's Avatar
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    Default

    I'm pasting a copy of an email that was waiting on me when I got home from work today...

    Dear members,

    I hope you are all fine!

    I have some news concerning our program. Because of what happened earlier this week, i.e. the new script turned out to be full of bugs, the Trust Partner and I have decided to close the program for new sign ups until we get a completely new script. I will fly to London later today (I just booked th flight) to have an urgent meeting with our technicial and go through all the requirements for the new script.

    This is good news, isn't it?!

    Of course the final closure of the program is postponed by a few weeks, but that's nothing compared to the amount of bugs and flaws the system has now thus causing a huge amount of frustration and anger amongst all of us. Of course, it also causes an incredible amount of extra work for me to take care of all the justified requests.

    I will let you know the full details on Sunday when I get back from London and have an idea of the schedule and everything.

    Please understand, that GPP is not gone, the closure is not final! The program will be re-opened for new sign ups as soon as ALL the current problems and errors in the script, downlines etc. are corrected.

    To get everything fixed is a matter of honor to me!

    Meanwhile, until the program is re-opened for the new sign ups, please visit our forum regularly! I will post updates, answer your questions and maybe post a few jokes too!

    Please inform your downline and prospective members!

    All I ask is, please don't go away! Let's stay together and make the program happen!

    There might be a short delay in answering the emails during the weekend!
    _________________

    Stella

    Like I said, this is "Hot off the press" so you now know as much as I do.

    Everwiser
    Global Pension Plan: One Time Fee for a Great One Time Return

    "Maybe GOD isn't omnipotent. Maybe he's just been around so long that he knows everything..."

  7. #6
    Senior Investor everwiser's Avatar
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    Default GPP's Forum...

    Hello Everyone,

    While new enrollments are temporarily disabled, you can keep up with the latest on GPP's forum, if your interested...

    GPP Info

    Everwiser
    Global Pension Plan: One Time Fee for a Great One Time Return

    "Maybe GOD isn't omnipotent. Maybe he's just been around so long that he knows everything..."

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