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

I am glad that I find this very good offer.

if you have any questions let me know -- I will try my best to answer them.

I joined this program months ago but didn't invest because of such a high return on little investment.

thanks

If you joined then you did invest. You have to spend the $35 in order to join/enter your details. You might want to check your emails again and go to the site -- likely you have an account -- if you did join and not just browse the information.

I know the return seems high - compared to what you are putting into the system. But the "return" is based on the mortgaging of the policy it has nothing to do with the $35 you give for the site administration and debit card fees.

If you take the time to read through the information I am sure you will understand how this program works.

site is down?

Seems like a lot of sites are down tonight -- I heard one of the hosts for many sites is having a problem tonight...read it in a thread here on MMG. Best to try back tomorrow.

Hey there,
I heard there was another program that was opened 2-3 years ago that is nearing their goal. I would sure like to know what that one is because obviously the wait would be a lot shorter. You guys ask around and if you hear anything email me @ txatmowner@hushmail.com I am definently going to be signing up for this one as well since its just a $35 investment. As for it being a small amount to invest. . .that is just for the setting up of the DC and administration fee's.

Do you know how many members in the Global Pension Plan?

dear,

ok,i just want to know.now i sign up and paid fee $35 after tat i will get 1 debit card from GPP<right ??
After that,how long my investment will return me $55.000 ?? Just that .Please give me a specific explanantion or email me at
with_joei@yahoo.com


Thx

There are not as of yet a great number of people in the program which is why I decided to post it here on MMG. I am hoping to attract more members to speed up the process.
This is a long term program. It requires 100,000 members - I do not as of yet know the membership total -- but I am trying to find out and will let you knw.

From their FAQ
Q: How many pension insurance policies are issued altogether?
A: Only 100,000 policies will be issued. Once reached, no more policies will be issued under this program. We have decided to limit the quantity of policies issued to make sure the program completes as fast as possible.

The sooner we reach the 100,000 members mark and are able to close the program, the higher the probability that we will succeed. We want to keep as low profile as possible, not to attract too much publicity and most certainly not to disturb any national bureaucrats with our program.

Q: How can I withdraw the Compensation and the Loyalty Program Rewards?
A: The membership fee of $35 includes an anonymous debit card which can be used to either withdraw the funds or spend in point of sales worldwide.


I hope this settles a few questions. As soon as I find more information on the total membership numbers I will let you know.

So after the $35 signup fee, are there any other fees or investment that has to be made?

$35 is the ONLY fee and that is for basic administrative costs and the debit card. There will be no other fees for this at any point.

Any of you here have earned big on this?

mazzin

If you read through the site you will see that when one earns then everyone will earn -- it will happen all at the same time. And as this program is yet in the recruiting phase no one is currently earning. This is a one-time payout opportunity.

how long is your estimate for the program
to start earning?
can a person outside US apply for this?

I did not read anywhere that is only for US people --- so I suspect anyone can join. I imagine it will take one more year to fill it up..... But the more people we can chat up the faster it will go!!!

moment of truth here folks...,

having already joined this program...,

like a month ago.., how many people have joined so far ?????


Also someone please clarify if I will ask for the funds I invested..,

if I should decide to pull out. I'm trying to hold unto my opinion ..,

giving this whole situation couple more months.., but can't help

asking myself why the more experienced people who are in a position of

bringing thousands of people have choosen to stay away from this program.

Personally I stopped sharing this as I received enough flak from veteran players in this

field..., so whomever has access to admin of this program, tell them to provide more

convincing info if they desire to draw one hundred thousand folks.

I don't think you can really "pull out" of this one. Besides the "funds" are only $35 -- hopefully you earned that in some hyip (that's how I made my $35).

I plan on sending it over to some marketers pretty soon actually -- since I am NOT a marketer. Actually there is one big marketer involved already...that's where I found out about it (the guy that runs Boulat). I know of several other marketers who claim they can build a downline in weeks...I guess we will find out.

This is really a long-term kind of program -- it's going to take another 6months to a year to pan out...but if/when it does -- it's going to be a nice 55K.

I still haven't looked to see how many have joined...it's there in the forum...but I haven't made it there yet.

What are they doing in the Global Pension Plan?!
They sign faked pension policies, go to a bank and mortgage them and then give you all the money??????
And who, do you think, will have to pay back all the Mortgages???????

What a BS!
FORGET YOUR $35 !

And don´t offer such a BS under real investment opportunities!

That´s my opinion, but I´m sure that many of you don´t want to hear it!

Greetings, Holymoly

Why do you assume that the policies are faked?

And as to the mortgage, this is my understanding of how it works.. Once they've gotten 100,000 members the program is closed and the pension policy is then issued in the member's name. At this stage the policy is not active as the Trust Partner hasn't paid the premium yet. The member is then asked to sign the sales contract so that all the liabilities, and benefits concerning the policy can be transferred in Trust Partner's name. At that point they own the future benefits of the agreement, and can mortgage the policy.

Once the policy has been mortgaged, the Trust Partner is the debtor, not the person the policy has been purchased from. The funds will then be released for the Trust Partner to take care of the expenses of the pension policy, including paying the members the Compensation of $55,000.

The plan seems sound to me, or at least plausible, and the numbers seem to work out.

Now having said all that, I would probably still put this in my "to good to be true" category.. There's definitely a chance that it could be a scam, but for $35, to me it's worth the risk. I've risked far more for less potential payout.

I would like to join this program, but I don't have any egold. Is there a sponsor who can give me egold for paypal?

have a look!!!!
o, i like it ,very best!

site close for new members

Just to clarify, new membership is suspended temporarily until they have their programmers make changes to the back office script. Apparently there were many bugs in the script resulting in them having to do a lot of manual fixes with referrals etc.. Once they've fixed the script they will begin takiing new members again.

thats just a bs attempt to let them loook professional, stay cleear

The site is up! They are taking new members and have grown to over 6500 as of today!
Soon membership will explode. This is an offshore opportunity available to anyone in the world.
You can also sign up your friends and family , and earn $2k commissions on them, once the pensions
are purchased, and in addition to the $55k you will make. YOU DO NOT NEED ANY REFERRALS TO MAKE MONEY HERE, EVERYONE WILL MAKE $55k... HOWEVER, you can make ALOT more with referrals.
Here is a breakdown of how it will work....
the investors will get a loan (mortage actually) on each policy...but to keep this simple...
let's focus on one member.....so, this person is 35 years old, and the insurance company says
they want $41,000 as the premiums to buy a $200k insurance pension plan.
that 200k is not actually 200k now....but it will be worth 200k when that 35 yr old turns 67.
so, the investors that got the loan on that 200k policy, can get a loan of $120k on it...
so, now, the investors have 120k (from the loan company)....to work with
they have to pay 55k to the 35 yr old...per the contract...
they have to pay 41k to the insurance company that's writing the pension plan....
now, that's 41k + 55k = 96k...leaving 24k for referral commissions and admin fees.
$120,000 - $41,000 - $55,000 = $24,000. Remember who's all involved here....
1) the insurance company, 2) the investors, 3) the loan company and 4) us.
when that 35yr old turns 67, then the investors turn in the pension plan to the insurance
company, and gets paid out $200,000. They owed $120k on it, so, they pay that back and they
make a cool $80,000 on each and very person they do this for.
therefore, everyone involved makes out...
1) the insurance company, because they get years or premiums up front, and will invest those $s (OPM!),....
2) the investors make $80k on each person
3) the loan company gets it's interest on the $120k loan they made to the investors
and 4) we get our 55k plus commissions!
Join today! See my sig!
Good luck , and happy investing

The program began in May, 2005. Only 6500 members in a year($227,500 collected)
for this fantastic opportunity for only $35!
They need 100,00 before they do anything.
That gives them $3.5 million!
Then they pay out 100,00 x $55,000 all at once! (do the math)
Plus another $2000 loyaly bonus to each member!
But, after all, its only $35 you lose!
And they are off-shore!

clearly , you didnt read my post. Try again. Since the site came back
up, theyve added several hundred members in 5 days time, but hey,
your decision.

Are there any risk in losing our money?

How could we got hold of the debit card?

Can the debit card be usde in any ATM'S in the world including Malaysia?

there is risk ANYWHERE you put your money, even under your bed!
The debit card will be given to you as part of the compesation when the deal has been closed.
It can be used anywhere in world.
good luck and happy investing

thank you for your advise sir.. i really appreaciate it...

so if i join, pay my fee, and refer my dad, and he joins and pays the fee, do I get $2000 now or when they get 100,000 members?

If a person joins, pays their $35 and refers people, they receive $2,000 a person. But they will not get that until 100,000 people have joined. They will get all their money they earned from refering others and their $55,000 when 100,000 people have joined. A person has to be 66 years of age or YOUNGER to receive the $55,000, but if they are 66 years of age or older, they can refer new members and just receive $2,000 per person.

yep, the real money comes from referring others, even tho you dont have to refer a single person to get the 55k. But you can spend 700eg, which refers 20 people, they dont even need to start an egold acct, you just have to put their information in, and that 700eg becomes 40k down the road, plus your 55k. Those people you referred dont even have to know about it until its time for them to sign the documents and get their money... or you can tell them and see if they want to refer anyone too so they can make extra as well. I think once people realize this, the 100k membership will fill up VERY quickly.

Good explanation... i''ll really appreaciate it...

Thank for the explaination. I guess it covered very well.

Any DD on this company?

Just received this reply from gpp admin...

> my question is... why is egold the only payment option? it seems to me
> that a truly serious program would at least offer other payment options...
> credit card, bank wire, other ecurrency...
> Robert



Dear Robert,

More payment methods will be added in the near future. We will accept at
least e-gold, e-bullion, wire transfer and Western Union.

Thank you!

Regards,
Stella

Any idea on the number of members so far? Thanks

Any idea how many members have so far registered? Thank you

yep, today they passed the 7000 mark... thats over 800 new members in the last 10 days since the
new revamped site came up. Soon they will begin to see more momentum as people begin to understand
the potential earnings.... i know one person who has over 100k in referrals, and will probably pass one million before its over. Myself, i only have seven referrals so far, but i think i will add quite a few more too.
good luck all, and shine on...

sounds very interesting!! will give it a try!

good choice, and congrats! as of just a moment ago, we are at 7239 members... thats 1000 in the last two weeks. i know i will add at least 3 more to that in the next couple weeks too
shine on

I think this is a great program. I have been in contact with the admin for several months and she is dedicated to reaching the 100,000. We could very well reach this goal within the next few months.

The potential here is incredible and I would definately tell anyone riding the fence to take the leap. The cost is exceptionally low for the gains.

Seeing how it has been taking off during this past month is just another indicator that this program is going to be something that people talk about for years.

$35 is a small price to pay for me. I have spent more in doublers and HYIP's and they never ever offered the earning potential as like this.

I am going to try to refer people but that has never been my strong point so we will see how it goes.

i don't believe the hype at all. whoever thinks they're going to receive any thing close to 55K is kidding themselves! yes, 100K is the mark, it's when they'll run with everyones $35. 100K x $35 = not bad!

why is it that i am willing to bet all my gains in this industry that you, larry, have lost more than 35 on a program?
My bet would be in the thousands too... My gains are in the thousands because i took the risks while still playing by the rules. Some of the risks i took were in programs i thought i would make tons in.... like 12dp
and 5df, and s7g. Lost bigtime in those.....
Some of the mad gains i made.... surprisingly, were in vasco. Maybe i ll lose my 35 bucks here... actually its 150 because i sponsored in some friends and family.... but thats a drop in the hat compared to what i lost
in some other ones. So larry.... if you have some magic crystal ball that tells you the future, i am looking forward to signing up with the programs you recommend. But if youre naysaying because you have nothing better to do, at least have one shred of credible evidence on which to back your claim.
Tell ya what , i ll drop you a line when im laffing at you on my way to the bank....

Well, people have spent more on less. I think the only reason some people don't like the program is because there is no instant gratification. You actually have to wait.


I for one am willing to put in $35 while doing other things and when it comes, I will be a very happy camper.

exactly right... and its nice that im starting to see some gpp ads in my surf rotations.... passed 7500 member mark today... thats 1500 new members in less than 3 weeks, and momentum should start building even quicker after the 10,000 mark.

I am involved in the other similar program (e65) and we are still waiting after 5+ years but it still could happen....I guess. I have seen no real reason to believe that it isn't real, I just don't know whether they can get it wrapped up. They also accepted 100,000 policies. They got their members faster because if I recall correctly, it was either free or $5 in the beginning, so people had no reason to believe they were being scammed.

GPP will probably have alot harder time getting their 100,000 because of the $35 joining fee. They are in a quandry because they want to stay behind the scenes and avoid big brother, but they also must be well known enough to attract 100,000 members. In any case, I will probably join if they can start growing faster, 7,000 in 1 year is certainly not going to cut it.