What is U.A.E. Pension Fund?
The U.A.E. Pension Fund is a merger of six mostly European entrepreneurs who have their place of business in the U.A.E. (United Arabic Emirates). They have placed as a holding structure in the mostly known Emirate Dubai. The board of management is leaded by an Arabic sheik.
What does the U.A.E. Pension Fund offer?
The U.A.E. Pension Fund offers every person who will not have reached its 67th birthday till July 31st of 2008 the opportunity to cede prematurely a pension insurance taken out by U.A.E. Pension Fund and in return receiving a compensation payment.
The program is terminated as suspected till July 31st of 2008.
How does it work?
The U.A.E. Pension Fund takes out a private pension policy at your name. So you will receive a normal insurance policy along with an assignment declaration which you soon have to send back - signed and subscribed when received, together with a certified copy of your identity card - to the holding company in Dubai.
What does distinguish
the U.A.E. Pension Fund?
The concluded insurance sum of U.A.E. Pension Fund is amounted to a total of € 300,000.00.
Through your premature assignment declaration you will get a compensation payment of € 80,000.00.
Additionally you will get € 3,000.00 as a commission payment for each sponsored member finally to your sixths downline level.
The total membership is limited to 50,000, so that in all a very fast expiry can be occur.
Costs and duties for member?
To register as a member for U.A.E. Pension Fund the member has to pay € 51.00 only once.
This contains every administrative and transactional costs. The only duty arising for the member is the truthfully information of required personal information. Through assignment declaration all rights and duties of the insurance policy will be transfered to the holding company of U.A.E. Pension Fund, so that no additional payments will be necessary.
While the policy and the assignment declaration are not available at this point, they will be legally verified at the time of issuance. € 1.00 of the sign up fee will be used to pay a lawyer versed in international insurance law to assure legality. This process will happen at the conclusion of the project (50.000 members) and all members will be notified. The overall risk for the member will never be higher than € 51.00.
Compensation payment
The compensation payment of € 80,000.00 will be paid after the insurance policy was transferred to the U.A.E. Pension Program holding company. There are two models how to get paid:
1 -Payment to your existing bank account
2 -A bank account in Dubai will be opened in your name into which the money will be transferred.
In addition you will get a debit card, which offers you to withdraw money from every worldwide ATM accepting debit cards.
Referrals commission payments
Everyone sponsoring a new member will get a commission of € 3,000.00 for that member. This commission will be paid six levels deep, even if a member in your downline sponsors the member falling into the six levels.
As a bonus, the 20 top sponsors will be awarded with a journey for two weeks to the Emirates Palace in Dubai including € 10,000,00 pocket money.
There is no requirement to sponsor. Rather it is a possibility or opportunity. The compensation payment is independent of sponsoring so that the member who does not sponsor also will get the compensation payment.
What will happen when all 50.000 members will be registered?
Once the total membership will be reached all members will receive their individual insurance policy including the assignment declaration, together with an additional document. In this additional document simply mark with a cross how you want to receive your compensation payment plus commission payments.
Sign the insurance policy as well as the assignment declaration. You will get respective directions in the member area at that time.
To cover your own safety make a copy of all completed documents and send the original document together with a certified copy of your identity card or passport to the return address (to Dubai).
How and when will the payment take place?
Once the total membership will be reached all members will receive their individual insurance policy including the assignment declaration, together with an additional document. In this additional document simply mark with a cross how you want to receive your compensation payment plus commission payments.
Sign the insurance policy as well as the assignment declaration. You will get respective directions in the member area at that time.
To cover your own safety make a copy of all completed documents and send the original document together with a certified copy of your identity card or passport to the return address (to Dubai).
The date of payout will be about 6-12 weeks after 50.000 members are reached
Only members who will not have reached their 67th birthday till July 31st 2008 can participate.
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After Free Signup you have 21 days to activate your account !
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