I. Old Age Financial Assistance
Qualified members in accordance with AMOSUP agreement/s who has reached the age of 55 years old and is no longer working on board a vessel but has been a bona fide member for a minimum of five years of service on board vessels covered by the AMOSUPs’ Collective Bargaining Agreement, shall receive an Old Age Financial Assistance subject to the recommendation of the Special WMBP Committee and approved by the Union President as follows: (10 months actual on board is equal to 1 year of service)
This is payable in lump sum but shall not exceed the total number of years you have actually served on board vessel/s with Union CBA.
This Financial Assistance may be availed on only once.
Documentary Requirements
Where to file
II. WMBP AID-Death Financial Assistance
In case a member died while on shore leave and has not received an OLD AGE FINANCIAL ASSISTANCE or is not qualified under DEATH WITHIN 30 DAYS GRACE PERIOD OF MEMBER but has been a bona fide member of the union for a minimum of five years of service on board vessels covered by any AMOSUP Collective Bargaining Agreement:
The member’s beneficiary shall receive an Aid-Death Financial Assistance subject to the recommendation of the Special WMBP Committee and approved by the Union President as follows: (10 months actual on board is equal to 1 year of service)
- for the first year of service P2,000.00for each year of service
- thereafter P 500.00
This is payable in lump sum but shall not exceed the total number of years you have actually served on board vessel/s with Union CBA.
This benefit may be availed of only once.
Documentary Requirements
Where to file
III. Benefits for fire victims
The WMBP also give assistance to AMOSUP members whose home has damaged by fire.
Documentary Requirements
Where to file
