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REVERSE PENSION PLAN
 
These are programs that claim to offer a lump sum payment by allowing you to effectively mortgage a pension insurance contract.
This is apparrently, an established technique used by the rich to become even more rich.

The great things about these plans is the initial cost - typically a once off $50.

The lump sum payment is usually around $50K!

There are a number of these plans around, but they don't payout until they reach their target number of contracts - this varies between 10,000 and 150,000.

So far two plans have reached their target, E65 (100,000 contracts) and ICC (10,000 contracts), and they are now completing the administration of the plans before payout.

Some regard these plans as 'too good to be true', others reckon they are perfectly legal and legitimate.

I really don't know if any will payout, but for the small outlay I feel it well worth risking, in case one or two do actually work.

I can also vouch for the fact that those that pay immediate referral bonuses are actually paying and the admins are keeping good communication
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Reverse Pension Plans - In Depth

Reverse pension plans make it possible for members to receive significant financial benefits within a few months after the deadline/quota has been reached. These financial benefits may be compared to waiting years or decades for a payout from tradition pension plans. Reverse pension plans also remove the negative details connected with normal pension programs.

Pension plans usually require the policyholder to turn 65 or 70 years of age before benefits are paid out to the member. That means waiting years, even decades before any financial benefit is derived from the plan whether paid for by a company, the employee or jointly. Additionally, a less favorable point of normal pension savings is the older you are when you enter the program, the more you are required to pay to gain at least reasonable benefits when payout commences.

Based on their vast experience and extensive contacts in the financial world acquired over decades, the administrators of GPP and PWW have succeeded in creating a very unique plan with reputable partners. When you are invited to become a member, your only out of pocket cost to register is the membership fee. This charge covers all expenses (administration, processing, maintaining the data base and web sites, handling, banking solution, shipping, etc.) involved to maintain your membership. You will not be asked to pay any additional fees or expenses to receive Compensation and/or commission rewards.

In the case of Global Pension Plan, the face value for each member's pension plan contract is €200,000. For calculations regarding Pension World Wide, click here.

Each of these disbursements is made by the Trust Partner, not the member. The mortgaging of pension contracts is similar to a real estate property mortgage. The contract becomes collateral and is a legally binding agreement provided by a reputable company.

The item of expenditure most interesting to each member is the one-time Compensation of €55,000/$75,000 paid to each qualifying member a few months after the respective goal of each plan has been reached. Referral commissions will be paid out simultaneously and could be substantial also, depending on effort.

Each contract matures on the 67th birth date of the member. Once the member, named in the contract, has received compensation in the amount of €55,000, they have no further financial interest or liability in the program. The contract premium is also paid in full for the Trust Partner.
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