Advisory ID# 51
MMG ADVISORY as of 01/01/2023

SPA Important Reminder

Attention ALL PEERs,

With the obligation to keep true and accurate contribution records, it is recommended to maintain a file of printed copy or PDF of the paid Statement of Premium Accounts (SPA). This will serve as reference to monitor remittances and update missed contributions. The SPA has an “Important Reminder” portion which contains the following information:

1.	Unpaid months (No SPA generated) 
2.	No Premium Payment (with generated SPA) 
3.	Incurred interests

For your guidance and information.