Philippine Public School Teachers Association “Bayani ka, gurong Pilipino. Ang PPSTA, kumakalinga sa iyo!” Frequently Asked Questions  What are the retirement benefit programs of PPSTA?  The retirement benefit programs of PPSTA are the following: 1. Mutual Retirement Benefit System (MRBS); 2.  New Mutual Retirement Benefit System (NMRBS); and 3. Mutual Retirement Benefit System Plus (MRBS Plus).  What do I get from MRBS, NMRBS and MRBS Plus if I am a member of any of these plans?  If you are a member of our retirement benefit programs, you will get the following:  MRBS - Retirement benefit equivalent to the equity value of your premium contributions  NMRBS - Upon maturity (20 years of payment or age 65), you will be paid P 50,000. While you are paying, you are insured for P 50,000.  MRBS Plus - Depending upon your choice of plan, the benefits are as follows:     What happens if I fail to continue paying my contribution to the retirement program in which I am a member?  Your membership shall be deemed to have lapsed. In which case PPSTA's obligation is to:  MRBS - Refund your premium contribution NMRBS - Grant your retirement benefit equivalent to the equity value of your premium contribution MRBS Plus - Give you the equity value of your contribution RETIREMENT - FAQ Copyright 2011 Philippine Public School Teachers Association. All rights reserved.