Reverse pension plans are innovative and highly profitable projects initiated and run by venture capitalists – in pre-arranged cooperation with their insurance company and their mortgage company.

To gather a target number of eligible members, the venture capitalists set up a network-marketing operation (for example, Global Pension Plan or Global Connect Pension Plan), offering very generous referral commissions to those who will help get the word out.

When the “Reverse Pension Plan” has reached its' goal number of contracts/members, the venture capitalists will purchase a pension insurance policy on each member which will, of course, mature when the member reaches say 67 years of age.

A quick Google search will reveal many entities who are willing to purchase these policies for immediate lump sum payout. This should assure those unfamiliar with endowment policies of their legitimate value. However, Reverse Pension Plan members agree to transfer ownership of their policies to the venture capitalists who purchased them on the members' behalf for a one-time sum.

Then, as each member reaches the age of 67 years, the venture capitalists will collect the full value (about $250,000) of each policy - an assured, substantial, long-term income for them! Also, the cost of the policies, the compensation, and the referral commissions are all tax-deductible business expenses, too.

Additionally, with possession of these policies as collateral, the venture capitalists are eligible for massive loans. This leaves them with plenty to cover the cost of the network-marketing operation – referral commissions and administration . By using the loan to finance the program, they now own a pension policy with a significant value upon maturity.

So, now you see that Reverse pension plans benefit everyone involved !