PSMBFI extends support to the PNP Scholarship Foundation
The Public Safety Mutual Benefit Fund, Inc. supports the priority projects of the PNP such as the PNP Scholarship Foundation. This is one way by which PSMBFI does its share of helping the PNP attain its vision of becoming “a highly capable, effective and credible police service working in partnership
with a responsive community towards the attainment of a safer place to live, work, and do business”.
In support to the PNP Scholarship Foundation, PSMBFI regularly turnover the Special Group Term Insurance (SGTI) Experience Refund check to the PNP. At the end of the calendar year when there is a favorable loss ratio, an Experience Refund is given to the PNP to fund any of its Wellness and Development Projects. This is part of the underwriting income generated from the SGTI covering the year 2009.
During one Monday flag raising ceremonies at Camp Crame, PSMBFI President Victor B Boco, turned-over the check in the amount of P3,228,252.00 to the PNP leadership. PSMBFI will continue to accomplish more programs to help improve the lives of its members and provide support to the PNP Integrated Transformation Program (ITP).























