9 users graded this
Global Pension Plan Review
Date Added: 6/30/2009     Reviewer: KimberlyAW
Do you know about this biz-opp? Add a comment and earn 50 credits!
 
Grade Global Pension Plan ...
   Awesome Pretty good Just OK Pretty lame Worthless    
Website URL: http://www.globalpensionplan.net
Company Name: globalpensionplan.net
Alexa Traffic Rank: 12,265,709
Website Preview
User Comments

Visit Site
Global Pension Plan Description

At first sight, the Global Pension Plan sounds very good. It is a plan that costs only 30 Euros to join and claims that you can make 55,000 Euros when a particular number of members have joined into the network. There are some restrictions, like the age of the members needs to be below 67 years. If you think about it, these are the rules that make you eligible for pension. The developers of this program have tweaked the rules so that they can fit a global pension-worthy audience. But do they have a good plan there? Let’s find out.
Global Pension Plan Detailed Overview

The program was launched in 2006 amidst a lot of Internet fanfare and hype. The website itself began operations in November 2005, and is located at http://www.globalpensionplan.net/. However, there are no details about the developers of the website, apart from an email address that can be used for support.

The website have various tabs such as ‘Business Opportunity’, ‘Online Business’, ‘Home Business Opportunity’ and even a tab for ‘Business Ideas’. Basically, these are just that. These are ideas for different kinds of businesses that you can use in order to earn a good pension when you retire.

Yes, the Global Pension Plan is fundamentally an affiliate program, you guessed it right. After all, how else can a moneymaking opportunity work on the Internet? But the important thing to see here is how good the stakes are. The first thing is the initial investment, which is not high at all. You are supposed to pay only 30 Euros to begin with. The earnings are touted to be very high. You can go on to earn up to 55,000 Euros in a matter of a few months. But what’s the catch? The catch is that you have to promote this idea to other members. How many members? 100,000. That’s where the game begins to be problematic. But don’t get it wrong – you don’t have to bring in all the 100,000 members. This is the total number of members that the company is fielding for. However, yes, you have to bring your share of them, because your profits will be in accordance with that.

Then there’s another restriction. The people in your network need to be under 67 years of age so that they can be eligible for the pension.

Global Pension Plan – Features & Benefits

Once the 100,000 members have joined on Global Pension Plan, there are benefits galore for everyone. Every member that you bring in gives you a loyalty bonus, which is worth 2,000 Euros itself. Every member that they bring in their downline gives you a loyalty bonus too, for up to 12 levels below them, which is a fantastic number of levels. Every member gets a debit card where the money is passed, which can be spent in any way that they want.

Global Pension Plan – Snags, Glitches, Problems & Other Undesirables

The number 100,000 looms large, and since the entire payout plan of the company depends on that number, it definitely cannot be ignored. Then there’s the fact that there’s actually nothing that the company is selling – the whole concept is around building a network, which is decidedly fishy. Also, there are no names and contact details of any person mentioned on the site, which should again send the feelers up.

Note:  If you're on IM Report Card because you're looking for a way to make money online, then you should check out our top recommendation.  It's the best method we've found that anyone can use to earn income online.  Click here to learn more!

Global Pension Plan Reputation

There are plenty of skeptics around and rightfully so, about the legitimacy of this program. It doesn’t take a genius to figure out the basic model of this program. There are no products to sell, and much of the money comes from recruiting members and the membership paid to enroll into this program.

4 of 4 users found this review helpful  
Was it helpful to you?   review was helpful   review was not helpful
Visit Site


 
 
3 User Comments
  
 
  Have experience with "Global Pension Plan"?

-Add a comment or review to share your personal experiences, which will help others who are interested in this biz-opp.

-Earn up to 150 credits and an entry into our $1,000 Sweepstakes for every approved comment you submit.

Grade this:   

Please enter a title for your comments:


Enter your comments or review below ...




Receive email notifications when others comment on this?

The posting of advertisements, profanity or personal attacks is prohibited. Click here to review our site terms of use.

Sort Comments by: First to Last • Most Recent First • Most Helpful First
  
 
 
 
Join GPP joined in 2010

Follow the given instructions and never heard from them. Always a new delivery date for payout but never delivered. Individual within my group enrolled 5 thousand affiliates and never receive a penny. Never recommend a program where the leaders are always changing location and never the same speaker on the webinars. The owners were never identified and information was always hidden from the participants.
 
 


0 of 0 users found this comment helpful  
Was it helpful to you?   comment was helpful   comment was not helpful


avatar   by privateeye on December 17, 2011 at 11:20 PM CST
 
 
 
Stay Aware and Do Your Due Dilligence

I would have liked to know exactly who or what organization is behind this program.

Personally I did not recruit any members because I took this whole idea as a very high risk opportunity (like a lottery) and did not want to feel responsible for recruiting others if the program collapsed.

So far my results are zero. The payout has been postponed for several months and the only information I have received has come from my "upline" a very serious and dedicated person, who is still waiting just like everyone else in the program at this present time.

My personal experience is that these types of programs are always high risk and if you wish to take a chance look at it as if you are betting and the chances are pretty high that you will lose. In that way you will be less likely to get frustrated and angry.

We still don´t know what will happen, but with every month the payout is overdue, the higher the risk that the program may not honor the payouts.
 
 


0 of 0 users found this comment helpful  
Was it helpful to you?   comment was helpful   comment was not helpful


avatar   by cora959 on October 22, 2009 at 1:57 PM CST

The decisions you make today will create your tomorrow.

Make Today A Good Day
 
 
 
I sure hope It works

Well the admin has been awful in his efforts to stay in touch with members, totally unprofessional in that aspect, but the premise was to keep all information about the program amongst the membership. They recently announced that the 100,000 membership had been reach, and that it's just a matter of paying out the money. If this works there will be hundreds if not thousands of millionaires made. This venture has taken four years to draw to a conclusion, lots of missed dead lines, plenty of frustration, and a lot of built up hope. It seems whoever reviewed this web site does not have all the facts. Actually it's not even the correct web address. It doesn't sound possible that they can pull this off, because of the sheer amount of money it will take to do a payout. I wouldn't recommend joining at this stage of the game, as it's a possible scam. Will know for sure in a couple of months.
 
 


1 of 1 users found this comment helpful  
Was it helpful to you?   comment was helpful   comment was not helpful


avatar 2,000 Credits - Top Contributor   by baskin21 on July 19, 2009 at 1:23 PM CST
 
 
 
3 User Comments
  
 
  Have experience with "Global Pension Plan"?

-Add a comment or review to share your personal experiences, which will help others who are interested in this biz-opp.

-Earn up to 150 credits and an entry into our $1,000 Sweepstakes for every approved comment you submit.

Grade this:   

Please enter a title for your comments:


Enter your comments or review below ...




Receive email notifications when others comment on this?

The posting of advertisements, profanity or personal attacks is prohibited. Click here to review our site terms of use.

Sort Comments by: First to Last • Most Recent First • Most Helpful First
  
 

Around The Web