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Retroactive Payment Funds.

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Post by peep Sat 04 May 2013, 18:01

I'm trading in my pennies buy the pound for copper. It pays more.
peep
peep
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Registration date : 2012-09-13

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Post by Guest Sat 04 May 2013, 12:42

After re-reading the statement from MC, it looks like Manulife is holding the funds for our retro payments. During the first Week of each Month Manulife will provide MC with a list of all processed claims for the previous Month, and the funds necessary to pay for those processed claims.

Guest
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Post by Guest Fri 03 May 2013, 19:57

Lol, but I could see a truck pulling up to my house and Dennis shoving pennies on to my lawn

Guest
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Post by Guest Fri 03 May 2013, 19:08

Wow Sparrow, that's some lots of pennies there.

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Post by Guest Fri 03 May 2013, 19:07

Navrat wrote:I heard the GOC is getting the money from all the pennies being withdrawn from circulation

Ok Nav, you wanted pennies ~ well here you go, I have been saving these for years ~ just don't ask me to roll them cheers
Retroactive Payment Funds. Samsung-pays-apple-1-billion-sending-30-trucks-full-of-5-cents-coins
This should be enough for the first 217 clients retro payments sunny
Sparrow

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Post by Guest Fri 03 May 2013, 18:52

Just trying to figure out this 214 claims done for April, with all the time they had to work on this, something has to be up with that low number of processed claims. I guess we just have to wait and see.

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Post by Guest Fri 03 May 2013, 17:56

I heard the GOC is getting the money from all the pennies being withdrawn from circulation

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Post by Guest Fri 03 May 2013, 17:51

Does anyone know where the funds to pay our retro is ? Does anyone know if the total amount of funds to payout all our retro is available? Does anyone know if the GOC is releasing a certain amount of money for each Month, of the six Months allowed by the order to complete the payout ?

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