A few days ago, it was all over the news that Pacific Educ. Plan (a pre-need plan) could no longer live up to it's commitment assuring their planholder's educational expenses. Haay naku, nadagdagan na naman ang mga nanay na magpo-protesta. First to be in the same situation is CAP. True to their slogan 'The First, The Largest', sila ang unang bumagsak, sila na pinakamalaki.
We got a plan for Vince in 2000. The P9600 quarterly payment is big deal but since sya pa lang ang anak at that time, pinagtyagaan na namin. March 2005 is our final obligation with CAP. April na ngayon pero di pa kami bayad. Ang hirap kasing maglabas ng perang pinaghirapan sa isang bagay na malamang eh talo. Di naman pwedeng hindi bayaran or else you loose any chance of recovering in the future.
Mas nakakaawa yung mas maliit na tao. Para sa mga ex-Saudiboy na jobless na ngayon, educational plan lang ang pag-asa ng mga anak nila na makapag-aral. Sana these companies would care enough to realize this.
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