5/28/2020 E-Library - Information At Your Fingertips: Printer Friendly Section 2. Proof of Membership. All members shall be issued Official Receipt upon payment of contribution. They shall likewise be issued an OWWA E-Card. POEA and OWWA are required to maintain database of memberOFWs and to update this regularly. Section 3. Effectivity of Membership. OWWA membership, either through the compulsory or voluntary coverages, shall be effective upon payment of membership contribution until expiration of the employment contract. In case of voluntary members who register on-site, membership coverage shall not exceed two (2) years. Section 4. Renewal of Membership. Membership shall be renewed upon payment of contribution on contract renewal/issuance of new contract. In the case of voluntary membership, coverage shall be renewed upon payment of contribution. Article V COLLECTION POLICY Section 1. Legal Basis for Collection of Membership Contribution. Letter of Instructions (LOI) No. 537 mandates the compulsory payment of OWWA membership contribution in the amount of US$25.00 or its equivalent. xxxx Section 3. Frequency of Membership Collection. The contribution shall be collected on a per contract basis. membership xxxx Article VIII BENEFITS AND SERVICES Section 1. Guiding Principle. In pursuance of its mandate, it shall deliver social insurance benefits, loan assistance, education and training, social services and family welfare assistance subject to the qualification requirements and availability of OWWA funds. All benefits and services shall be over and above the provisions of the employment contract, offer of employers, or the laws of the receiving country. Section 2. Benefits and Services for OWWA Members. For a US$25.00 membership contribution, an OWWA member shall be entitled to the following benefits and services: x x x[5] elibrary.judiciary.gov.ph/thebookshelf/showdocsfriendly/1/58558 3/8