UPDATE (7/16/2021): EDA for 2020 has been raised from 9% to 13% per annum. According to AFPSLAI, you’ll get the 3% difference after May 26, 2021. For the first quarter of 2021, the EDA is 14% per annum or 3.5% for that quarter.
While their dividend rates have gone down drastically to around 9% per annum since 2020, AFPSLAI‘s Capital Contribution Account (CCA) is still a very good investment vehicle. I pray that their dividend increases again soon once the economy recovers.
(Note: The EDA actually increased to 13% p.a. for 2020, and 14% p.a. for the first quarter of 2021. Look at the “Update” section above.)
If you want to avoid the long lines and crowded venue, I recommend getting your dividend a few weeks after the distribution period, and when you do go you should arrive very early. For comparison, if I get there by 8am on release day, my number would be on the hundreds already and my turn would come by 2pm or later. Nowadays, I go there weeks after release and arrive by 7am. If I do that, I can be done by 8:30am or 9am.
Anyway, if you want to look at the AFPSLAI dividend schedule for 2021, you can check it out here!
First Quarter of 2021:
- Apr. 26, 2020 – A-D
- Apr. 27, 2020 – E-O
- Apr. 28, 2020 – P-Z
Second Quarter of 2021:
- Jul. 26, 2020 – E-O
- Jul. 27, 2020 – P-Z
- Jul. 28, 2020 – A-D
Third Quarter of 2021:
- Oct. 25, 2020 – P-Z
- Oct. 26, 2020 – A-D
- Oct. 27, 2020 – E-O
Fourth Quarter of 2021:
- Jan. 24, 2022 – A-D
- Jan. 25, 2022 – E-O
- Jan. 26, 2022 – P-Z
That’s it for now, and I hope this post helps!
By the way, if you want to check out the 2020 schedule, you can check it out here on this link: AFPSLAI Dividend Schedule for 2020
sir, good afternoon.,
just asking, matagal nang regular member ang tatay ko as AFP., pero gusto ko sanang magpa member as associate., possibly po ba ako ma member ngayon?.
salamat po.
Hello Bernard,
Sa palagay ko po pwede pa. Yung tatay ko namatay noong 1996, pero nagpamember ako noong 2010. Eto yung requirements sa website nila: https://www.afpslai.com.ph/Membership/afpslai/associate
Sa ngayon, wala nang Capital Contributions Account(CCA)/Green Passbook para sa mga Associate Members sa pagkakaalam ko, pero pwede ka pa rin atang makakuha ng Savings Account(SA)/Red Passbook na kumikita ng 3% a year.
Regards,
Ray L.
YourWealthyMind.com
Hi I am an associate member and have not deposited for a while . how much would be the maximum contribution for the capcon please.
And when are we allowed to make a deposit?
Thank you
Hello Macaria,
As far as I know, Associate Members are no longer allowed to deposit money in their Capital Contributions/Capcon/Green Passbook accounts.
You can check it out here: https://www.afpslai.com.ph/Products/deposit/cca
—“For Associate Members, over-the-counter deposits are currently not allowed”
Regards,
Ray L.
YourWealthyMind.com
How and/or when can an Associate Member be able to deposit on their CCA Account?
Hello Cathy,
AFPSLAI does not allow CCA deposits for Associate Members. According to their website:
“For Associate Members, over-the-counter deposits are currently not allowed” https://www.afpslai.com.ph/Products/deposit/cca
Regards,
Ray L.
YourWealthyMind.com
Good day po. Tanong ko Lang po Kasi dati po ako member Ng afpslai pero pinaclosed Ko na Yun account ko.pwede po ba ulit magopenNg account sa afpslai?naging member po ako dati Kasi Ang tatay ko ay sundalo. Maraming salamat po
Hello MJ,
Most likely pwede kang mag-open uli ng account, pero malamang baka hanggang Savings Account (Red Passbook) lang. Sa pagkakaalam ko di pa rin available ang CCA (Green Passbook) sa mga associate members.
Regards,
Ray L.
YourWealthyMind.com