Mortuary Fund Plan – a contributory fund that provides cash assistance benefit to the family of the deceased Mortuary Fund member.
Write-off status – a status of member whose loan was already written-off by the Cooperative.
Membership to the Mortuary Fund Plan (MFP) is compulsory for all regular members subject to the following qualifications:
Payment of Benefits
MFP benefits shall be released by SMTCDC only to the designated beneficiary/ies of the deceased member, upon submission by the bereaved family, of certified true copies, photocopy or scanned copies (unless compared with the original) of the death certificate and other pertinent documents based on the following cases:
DECEASED MEMBER IS SINGLE WITH SURVIVING PARENT/S.
Birth Certificate of deceased member;
Two valid IDs of claiming parents; and
ESEDP with Waiver of Rights, if necessary.
DECEASED MEMBER IS MARRIED WITH CHILDREN W/OUT SURVIVING SPOUSE OR DECEASED MEMBER IS SINGLE WITH NO SURVIVING PARENT/S BUT WITH SIBLINGS
Birth Certificate of the claiming child (or sibling) or Affidavit of Guardianship in case all children (or siblings) are minor;
2 valid IDs of child (or sibling);
ESEDP with Waiver of Rights; and
Special Power of Attorney (SPA)
authorizing the representative to claim the MFP Benefits signed by all other children (or siblings) of the deceased member. In case there is no means of obtaining the signature of all the children (siblings), the representative shall be required to submit the official receipts of funeral expenses and an Affidavit of Adjudication guaranteeing that any further claim against the MF benefit shall be of his responsibility, holding no liability on the part of the Cooperative.
DECEASED MEMBER IS SEPARATED (de facto)
The documentary requirements are the same as those in letters A, B, or C depending on who is claiming the benefit. The following hierarchy on beneficiaries shall be observed:
1st priority legal spouse
2nd priority any one of the children of legal age
3rd priority appointed guardian if all children are minor
4th priority surviving parents
5th priority any one from the deceased member’s siblings who is of legal age
DECEASED MEMBER IS LEGALLY SEPARATED
The documentary requirements are the same as those in letters A, B, or C depending on who is claiming the benefit. The following hierarchy on beneficiaries shall apply as follows:
1st priority any one of the children of legal age
2nd priority appointed guardian if all children are minor
3rd priority surviving parents
4th priority any one from the deceased member’s siblings who is of legal age
DECEASED MEMBER IS LIVING WITH COMMON-LAW SPOUSE
The documentary requirements are the same as those in letters B and C depending on who is claiming the benefit and based on the following hierarchy of beneficiaries:
1st priority common-law spouse
2nd priority any one of the children who is of legal age
5th priority any one from the siblings who is of legal age
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