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
Hi Sir,
Just asking, AFPSLAI sent a letter to my dad’s house stating that I need to appear in person @ the Camp Gen. E. Aguinaldo for verification of my membership data, which I haven’t able to do because presently I am working abroad and cannot come back home to the Philippines that easily due to the present pandemic. If I can’t do the verification in person does that mean my AFPSLAI account will be terminated? By the way my dad in the Philippines is the primary member and I am associate member and we share a joint account. I thank you for any feedback that you can offer.
Hello Anna,
I just checked their website, and it looks like your dad might be able to help you. The AFPSLAI announcement (https://www.afpslai.com.ph/About/communications/news/2#) said:
“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.”
Maybe you can ask your dad to help you update your membership.
For now, you can try contacting AFPSLAI and ask them what you need to do. They’ll probably ask you to send an authorization letter for your representative (your dad, the principal member), though I don’t know the details.
Here’s their contacts page by the way: https://www.afpslai.com.ph/About/contact/custassist
I hope it helps!
Regards,
Ray L.
YourWealthyMind.com
Hi sir, I am an active member of AFPSLAI. I am considering to increasing my Capital Contribution. If in any case po sir di ko e withdraw ang dividends, Ma add po ito sa CCA or sa Savings ito mapupunta?
Hello John,
From what I remember, if you’re a Regular Member the CCA dividends will go to your CCA account/Green Passbook if you don’t withdraw, but I’m not 100% sure. What I do know is that Regular members can still deposit money to their CCA accounts.
For Associate Members, the CCA quarterly dividends will go to a Savings account/Red Passbook, and associate members cannot deposit to their CCA anymore.
Regards,
Ray L.
YourWealthyMind.com
sir ask ko lang sa schedule nila. ano po ibig sabihin ng on the 4th day? Halimbawa po naka scehdule ng October 26 kelan po ang 4th day?
Hello Gen,
Every 4th MONDAY po iyon sa month pagkatapos ng quarter. Halimbawa po sa October, yung first Monday ay October 4, second Monday ay October 11, third Monday ay October 18, at 4th Monday ay October 26. So yung schedule po ay October 26, 27, at 28. Kung anong araw po kayo matatapat, depende po sa first letter ng last name niyo.
–Oct. 25, 2020 – P-Z
–Oct. 26, 2020 – A-D
–Oct. 27, 2020 – E-O
Since lagpas na po sa Oct. 26, pwede niyo na po puntahan iyon at kunin ang dividend niyo kahit anong weekday. Dati po naghihintay ako ng mga 2 weeks o 1 month bago kunin ang aking dividend para walang mahabang pila. Sa Oct. 26, 27, 28 kailangan 5am pa lang nandoon na kayo kasi marami po talagang tao sa first week of release. Sa ngayon po pwede niyo nang kunin ang dividend niyo.
Regards,
Ray L.
YourWealthyMind.com
Hi Sir,
How much po ang divident for time deposit , do you have any info for any promo for 1 time time deposit , interest and holding period? (alternative to capital con.)
Hello PJay,
I’m checking the AFPSLAI website right now and so far I can’t seem to find the Time Deposit dividend rate.
You can check their terms and conditions here: https://www.afpslai.com.ph/Products/deposit/tda
You might need to call them (https://www.afpslai.com.ph/About/contact/custassist) or visit the AFPSLAI branch.
They might have different rates based on how much you want to deposit and how long you want to let them keep it in the Time Deposit.
Regards,
Ray L.
YourWealthyMind.com