Ideal Pension Plans Corporation Planholders — Time to Unite

Updated Jan 16, 2018

Ideal Pension Plans Corp. filed for voluntary insolvency on December 29, 2010.
Atty. Leonila Licuan was appointed liquidator by the court.

Address of Atty. Licuan:
3rd Floor Del Castillo Bldg.
Rizal St., Surigao City
Phone Nos.:
856-3545 Bing or Alma
0947-53337503 Bing Isidro


There have been several planholders of Ideal Pension Plans who have been asking about the status of their pre-need firm. I’ve also read in other forums complaints about the failure of Ideal Pension Plans to pay maturing benefits and claims.

My answer was always about the need for Ideal planholders to connect with each other online and talk about how they can pursue their claims. I’ve even suggested that if they’re interested, I can email those who made comments here about Ideal and ask if they like to exchange email addresses.

Now, one Ideal Pension planholder, Juni, has placed on the comment section a notice he said it came from the Makati Regional Trial Court. And he’s calling for all Ideal Pension planholders to unite, help each other and show their power during the hearing on October 5, 2010.

Comments From Juni:

Hi all! I just received a NOTICE OF HEARING from the Regional Trial Court, National Capital Judicial Region, Branch 66, Makati City which states:

In the matter of the petition for VOLUNTARY INSOLVENCY of IDEAL PENSION PLANS CORP.

Notice of Hearing for:  Meeting of all all IDEAL CREDITORS

You are hereby notified that the above-entitled case will be heard before this Court, located at the 12th Floor, Makati City Hall Building, on the 5th day of October 2010 at 8:30 am, at which date, time and place, you or your duly authorized representative may appear for the selection of assignee and to prove through written evidence your respective claims, without which, it shall not be admitted.

City of Makati, August 23, 2010.


Branch Clerk of Court

I hope that this time we will be one and united to press Ideal to give us what is legally due us. Hope everyone could come.


According to online SEC records, Ideal Pension Plans Corp. was licensed to sell pre-need plans until December 31, 2008.   In the SEC pre-need list as of September 9, 2008, Ideal Pension was listed, but in the SEC list as of January 2009, Ideal was no longer on the list.

Now, Ideal planholders, you have a chance to make your demands together. Bring xerox and original copies of your Ideal pre-need policies, but guard your original copies. There’s POWER in number. The more planholders at the hearing, the better.

Those who can visit the Makati City Hall and check if there are changes in the notice, it is for everyone’s good if they can do so, and then inform other planholders.

Comments by Ideal planholders can also be found here:

Pre-need Companies in the Philippines Now Under the Insurance Commission

Danvil Plans,Other Pre-Need Firms — Updates

Update from Nori on Ideal Pension Plans as of March 13, 2011:  (Thanks a lot, Nori)

Next hearing is on March 18, 2011, Friday at 9:00 am sa RTC Makati Branch 66.

Under liquidation na po ang Ideal. The court is in the process of approving the liquidation plan. Kailan makukuha ang pera? Di po natin masasabi. It could be months or even years from now. Huwag po tayong mag expect na makukuha natin ng buo ang contract price. Approximately 20% lang makukuha. Depende sa mabebentang ari-arian ng court appointed liquidator, baka mas malaki o mas maliit ang makukuha.

Related Articles:

Planholders of Platinum Plans, Ideal Pension Plans, Grayline Plans — Who Will Fight for Them?

Pre-Need Planholders — How to Ask Help from the Insurance Commission

Updated: January 16, 2018 — 5:49 am


Add a Comment
  1. Hello Robert,

    Sa notes ni MS. NORA NUNG 2014 PA NAG-LIQUIDATE ANG GRAYLINE PLANS. Malamang nag-release na ito ng payment. Punta ka na lang o tawag sa Insurance Commission para sa latest updates tungkol sa Grayline Plans.


    Gud day gusto ko lang malaman kung paano ko maclaim yong MATURITY NG GRAYLINE PENSION AGREEMENT ko Plan Agreement nO SFL-00001056 Policy No.GCL-591 we need money right no.

  3. Hello Erlina and Merryflor

    PLEASE REFER TO Ms. Nora’s post dated Jan. 16, 2018 for the last known contact nos. of Ideal pension plans liquidator. Hope it will be of help. Thank you.

  4. Hello Good afternoon po.
    I’m Erlina M. Quita I’m your pension plan holder.
    Under n policy No.M-7633.
    What happened to may pension plan.
    Can I claim.
    I read some comments in your company
    Wala po along Alam SA status Ng company nyo.may I know may plan because I just want to claim.

  5. Hi Po ask to Lang Po snout Yung sa TATAY ko tatlong policy Kasi Yung nakuha ng TATAY ko, how Po ba maprocess to naggiging sanhi din Kasi ng prob ng mga magulang ko it.

  6. Hi Jayson, ito po ang contact info ng Ideal Pension Plans: Atty. Leonila Licuan was appointed liquidator
    3rd Floor Del Castillo Bldg.
    Rizal St., Surigao City
    856-3545 Bing or Alma
    0947-53337503 Bing Isidro

  7. Hello po. My parents are individually members of the Ideal Pension Plan. He started his payment in the year 2000. The maturity year would be 2020. He ask me to search for the said pension plan only to find out this controversy. They aren’t informed about this and they we’re shocked. It was a fruit of their hardship not knowing it would be put into waste. I hope you can help us. Thank you.

  8. Hi, I’am Dennis paano ko mako2ha ung refund ng pesion plan ko hnd manlang cla nagsend ng message sa akin?

  9. hi! wala na po bang update sa ideal? wala na po ba talaga kaming makukuha?

  10. Hi Emeluz, sorry wala na akong updates about Ideal Pension Plans. Baka konti o wala nang makuha ang mga plan holders kasi matagal nang na-bankrupt ang Ideal. Nag-file ito ng voluntary insolvency or for liquidation on December 29, 2010 before Branch 66 of the Regional Trial Court in Makati City.
    The court-appointed liquidator is:
    Attorney Leonila Licuan
    3rd Floor, Del Castillo Building
    Rizal Street, Surigao City
    No phone no. provided
    You can write to her via postal mail. Write also to the Insurance Commission:

  11. Hello po. Ang father ko po ay planholder ng ideal pension plan. Malapit na maturity nya and he wants me to ask the company kung pano makiclaim only to find out na sarado na pala without even informing the member. Pano na po ung mga nahulog ng father ko? He’s in mild stroke now. We need the money back. Please help us. I hope you can help me. Thanks

  12. Hi, my husband is a planholder of platinum pension plan and also myself an ideal pension plan holder.Do you have update about the status of the claim of this two company.Thank you so much and it would be a big help for us to know. God bless.

  13. Hi Jam, sorry wala na akong updates about Ideal Pension Plans. Baka wala nang makuha ang mga plan holders kasi matagal na, at bankrupt ang Ideal. Nag-file ito ng voluntary insolvency or for liquidation on December 29, 2010 before Branch 66 of the Regional Trial Court in Makati City.
    The court-appointed liquidator is:
    Attorney Leonila Licuan
    3rd Floor, Del Castillo Building
    Rizal Street, Surigao City
    No telephone provided
    If your mother paid only for one year, sorry na-forfeit na ang plan. You can try sendind a postal mail to Atty Licuan.

  14. Hi po. Ask lang din ako tungkol sa ideal mom is a member of this pero ngaun lang namin nalaman na member pla xa ng ideal pension plans kasi nakita nmn ung certificate of insurance nya at ung pension plan agrreement together with the receipts dated from march 1994 to sept 1995..d namin alam if na complete nya ba ung payment ive read dto sa blog nyo po matagal na plang close ang company na our question is may makukuha pa ba kaming pera mula sa company na to?my mom is still alive pero disabled na..highly appreciate if masagot ung tanong namin..thanks.

  15. Hi MJ, sorry to say, nag-file ng bankruptcy ang Ideal Pension noong 2010 pa. Before pa 2010, hindi na siya nakaka-release ng mga claim checks. You can try sending a letter by postal mail to Atty. Leonila Licuan, 3rd Floor Del Castillo Bldg., Rizal St., Surigao City. She’s the liquidator/conservator of Ideal Pension Plans. Or email the Insurance Commission

  16. Hi po, Mature date po ng nanay ko dis month may makukuha po ba kaming benefits sa kanila

  17. Hi wena, sad to say, wala pang bagong update about Ideal Pension Plans from the Insurance Commission. Kasama ang Ideal sa mga maraming na-bankrupt na pre-need companies, meaning konti o wala nang ma-claim ang mga planholders. Visit from time to time at tingnan kung merong update about Ideal. Subukan niyong sumulat kay Atty. Leonila Licuan, 3rd Floor Del Castillo Bldg., Rizal St., Surigao City. Try lang, pero hindi ko sure kung andon pa si Atty. Licuan.

  18. hi po.ako po si wena. ung papa ko.po merong ideal pension plan. kaso po namatay na po sya noong 2009. ngaun lng po namin nalaman about sa plan. ano po bang 1st step or action na gagawin namin? honestly clueless po kami eh. salamat po.

  19. Hi Valorie, sad to say, Ideal Pension Plans was closed down in Dec 2010. Write a letter to:
    Atty. Leonila Licuan
    Ideal Pension Plans Liquidator
    3rd Floor Del Castillo Bldg.
    Rizal St., Surigao City
    Xerox your plan documents and certificate of full payment or if none, include first and last payment receipts with list of all payments (amount and dates) and include these xerox copies in your letter.

  20. valorie dianne tagala

    would you please check my name. I had this plan since I was 8 years old. I’m now in college and i need that money. Thanks po, update me please

  21. Gina Piad advincula

    hello po I received 14 k plus last day. I didn’t know they were bankrupt last year. I found out only now. What will happen to the 150 thousand I paid? I worked hard for it. I hope they will return the money. That’s the only thing I depend on. It’s now 2016. Thank you

  22. hndi q po cla makontak…khit s hone po!!!peo s tingin m po mabbalik p po ba ung pera ng mother ko?kc dami kmi ngyon utang…pambayad po sana khit kunti mbwasan…

  23. Hi jhen, write to the Insurance Commission and ask about the status of Ideal Pension Plans. email:

  24. hi po! what happened to the case? can we get something? my mother died december 2014. she’s a member of your pension plan. what should I do?

  25. Hi johanna, sad to say, Ideal Pension has closed a long time ago. Email the Insurance Commission . Write your mother’s name, policy name and no., face amount, date purchased and maturity date.

  26. good day maam, my mother would like to ask if she can claim her insurance which is already matured. Do you still have an office here in Bukidnon?.what are the necessary data to comply

  27. Hi to one and all!

    In my area here in CARAGA, some Ideal Planholders received checks which I cannot exactly ascertain whether it’s refund or not.

  28. gud day.ano na balita sa Ideal Pension plan.makukuha pa ba namin yung iba pang pera.kasi yung pauna na naibigay nila worth 2, na.wala ng updates kung kailan pa makukuha ibang amount.

  29. Hi kendrille, am so sad, but Ideal Pension became bankrupt years ago. You can email the Insurance Commission and ask them to help you. Write your policy details.

  30. greetings 🙂 pedi ko i check kung mapapakinbangan ko paba yung educational plan na inapplyan ng mama ko .. she died 9 years ago tas this year ko lang nalaman about dito .. please help me po .. a really need your reply .. thank you ..

  31. Hi Liezel, it’s really sad these pre-need failures happened. Email the Insurance Commission You can write your congressman, the senators, PNoy, the Tulfo brothers, Wish Ko Lang, etc. so you can get some attention. For TB treatment, your rural clinic can put your aunt on the 6-month TB treatment program. Doon sa baryo namin sa probinsiya, yong midwife na naka-assign sa barangay namin, siya pa ang nagdadala ng spit specimen for residents under the TB program, so the patient does not need to go many times to the clinic. May God continue to bless you for taking care of your elders.

  32. Hi Ma. Nelida, it’s so frustrating, but Ideal Pension has failed years ago. You can email the Insurance Commission:, or visit the IC office: 1071 United Nations Avenue, Ermita, Manila

  33. Question po. Ang name ng auntie ko ay Corazon B. Balois. Pwede po bang ibalik nalang ung hinulog nya for 5yrs? Member po sya for 16 yrs. Naaawa po ako sa auntie ko kasi yun nalang ang inaasahan nya. Hindi po nya alam na na-bankrupt ang Ideal. 30,000php ang total ng hinulog nya. Nakapagloan daw sya pero binayaran nya rin yun. Nasa kanya pa nga po lahat ng resibo eh. Kasambahay po sya since 15 yrs old palang sya. Ngayon po 58 yrs old na sya. May sakit pa po syang TB ngayon. Kahit po sana yung hinulog nya nalang na 30k. Kasi gusto nya magtayo ng tindahan sa probinsya sa capiz. Ngayon po dito sya nakatira sa amin, ate nya po ang mama ko. May apat po syang anak pero kahit pamilyado na, sa kanya pa rin lumalapit. Sa tuwing naririnig ko syang nahihirapan sa pag-ubo, naiiyak ako. At ayokong maranasan ko ang ganitong sitwasyon na akala ko may aasahan ako sa pagtanda ko. Pwede ko syang ipa-check up pero hanggang dun lang ang maitutulong ko sa kanya, dahil stroke ang papa ko at may sakit din po ang mama ko. Kaya sana po kahit 30k nalang maibalik sa kanya. May 6, 2014 na, pero sana makarating sa may ari at namamahala ng Ideal pension plan ang kalagayan ng auntie ko. Salamat po.

  34. Ma. Nelida Capito


    Wala pa po akong na rereceive na kahit ano from ideal pension plans, fully paid na po ang at magmamature cya 2019. Gusto ko na po kasing kunin ang money.
    Pwede nyo po bang iexplain ang process?
    Nelida Capito

  35. Hi analiza, sori I have no updates about Ideal Pension. You can write the Insurance Commission, 1071 United Nations Avenue, Ermita, Manila or email:, or call 404-1758 / 5238461 to 70 local 127 or 103

  36. .hi, ano pa ba latest news ngayon sa kaso ng Ideal pension. Kelan po nmin makukuha ung educational plan.

  37. Criselda Navarro Daleja

    I have the same problem with Chachie Urrutia. Since I fully paid the plan I got, i didn’t have any more news. Good I have the address above to ask for any possibilities of having back the money paid… Thanks for the information anyway!

  38. Hi Chachie, sad to say po, bankrupt na po ang Ideal Pension noon pa. Please call or email the Insurance Commission
    Phone: 404-1758 / 5238461 to 70 local 127 or 103,
    Address: 1071 United Nations Avenue, Ermita, Manila (walking distance from corner of Taft Ave and UN Ave; go eastward, or go past Medical Center Manila)

  39. Hi,

    Wala pa po akong na rereceive na kahit ano from ideal pension plans, fully paid na po ang saakin at magmamature cya next year. Pwede nyo po bang iexplain ang process?

  40. Hi ella, please call the Insurance Commission 5238461 to 70 loc 127 or loc 103

  41. mam,

    mam ask ko lang po kng pano po ung gagawin para makuha ung bebefits kasi po ung sa nanay ko my letter na po siya pero hindi naman po niya alam kung saan niya makukuha ung benefits nya..kung wala na po yung sa makati branch nyo sino po ang dapat namen lapitan at kausapin?

  42. Hello po sir, itatanong ko lng po paano namin mukukuha ang ideal pension plan ng husband ko mg matured na ngayong november 2013, wla na pa lng office sa cagayan de oro, tga bukidnon ho kmi, ask lng lng po may makukuha pa ba kami? sayang na man po kng hindi makukuha ng asawa ko kasi pinaghirapan din po ng asawa ko yon, my kapansanan na po cya ngayon kasi po na mild stroke cya.

  43. Hi jon, you can have the check replaced by the liquidator who sent you the check. Send a copy of your father’s death certificate and marriage certificate and letter of request for check replacement and copy of the check. Wala bang return address yong mail?

  44. na received namin yung check para sa papa ko.namatay na sya. ipa encash sana ng mama ko pero sabi ng east west bank na kung saan ipa encash sana yung cheque,kailangan i inform pa ideal pension plan corp para palitan nila pangalan sa cheque at ipalit namr ng mama ko.paano po iyun ay sarado na lahat ng ofis ng ideal pension plan corp.ano ho ang dapat naming gawin.isa po ang mama ko na benefiary.

  45. Hi emely, sorry, pero palagay ko wala nang tao don, o kung meron man, hindi po nio makukuha ang maturity value nio. Dito po merong update dito:

  46. ask q po,my mkukuha pb ung tita q,kc 5years ung plan nia,at matured na ngaun 2013..nagpapasama p naman xa skn,para mawdraw ang pera nia…ung ofc po s Makati bukas pb at mer0n pa kyang employee ng Ideal Pension Plan n mkakausap dun?.
    tnx po at sna msagot m0 ang ktanungan qoh.

  47. Hi Charlie, sorry I don’t know. I wish they sent the check together with an explanation and instructions.

  48. good day!
    I just wanna ask my dumating na po sa amin na cheque but din ganun lng po ba talaga ang amount super baba?..may kasunod pa kaya un?

  49. gud day maam Rose.di pa tapos yung kaso.nag file ng liquidation ang Ideal before the RTC Makati.talagang maliit lang ata ang makukuha dahil depende yun sa asset ng company.pwedeng kayung mag inquire kay Atty. Leonila Licuan, court-appointed conservator, 3rd Floor Del Castillo Bldg., Rizal St., Surigao City.

  50. Hello, Tapos na po ba yung kaso? Ano po ba ang napagkasunduan? katulad ko ng kaso ko 500k ang insurance niya (fully paid) may sumulat sa kanya, na 7k+ lang makukuha niya. Totoo ba yun? at bakit ganun lang kaliit?

  51. Hi jon, sorry, I’ve no updates. There are also others asking the same question.

  52. any updates or latest info regarding said company.when will they send the check they stated in the letter we received?

  53. Hi Raymunda, sorry I can’t do anything because I’m not connected with Ideal. I only blogged about pre-need plans because I once owned a Danvil preneed plan. The last update I know is that Ideal filed for liquidation before the Regional Court of Makati City, Branch 66 (SP. PROC. No. M-6946) in Dec 2010 and the court-appointed conservator is Atty. Leonila Licuan, 3rd Floor Del Castillo Bldg., Rizal St., Surigao City

  54. gud afternoon maam!

    ako si Raymunda Macas isa po akong member ng ideal pension maturity ko 5yrs at matagal na po akng tapos noong 2007. Nag punta ako sa main office Makati, Manila para mag loan at nakausap ko si fanny micaller hindi na raw puedeng magloan. Sa situation ngayon paano na ba maka avail ang benefits nito. Puede ko bang makuha ang pera till to my maturity period.. Paano na ang pension na ito sana matulungan nyo ako at ma- withdraw ang pera. Saan din ba ako pupunta kasi sa cagayan de oro city branch ako nakapagbayad at tapos na ng para sa pension.

    I am hoping and looking forward to your reply.
    Please advise, Thank you and

  55. Hi romeo, sorry I don’t have any updates on Ideal Pension. Write again to the address on the letter sent to you.

  56. Good day my mom wants to know if we can still recieve the said amounth the writen on the letter date october last year (2012) but then on we wla na kaming narerecieve na feedback kung ano nang nangyayari please we need the money right now

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