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Re: 90-day notice of Underfunding Plan implementation

Posted: Wed Aug 28, 2013 11:39 pm
by Andrew
Could a hybrid system work? Existing members might rather pay higher dues if there was no way to increase their life insurance. Members-to-be might prefer higher insurance premiums especially if they're young and can get a low rate. Though the young always have to consider the hungry ghost of inflation when pricing insurance plans.

Maybe some kind of matrix could be made to satisfy the cost of preservation differently for different people.

I guess that's kind of what is happening as it is.

At the end of it, even though I see the need to raise income to address the underfunding issue, what TDK says is really true. Personally, I worry all the time about finding the funds to cover my insurance premium and Alcor dues. I worry about them more than other bills although they are less than most other bills. That's because they more important to me than, say, satellite TV service or whatever. But cost is a significant issue, and membership would go up if more people could afford it. I want to see the future for many reasons but it would be reason enough just to find out how this problem gets solved.

Re: 90-day notice of Underfunding Plan implementation

Posted: Wed Sep 04, 2013 5:20 pm
by TDK
I just know that a lot of the tech people I socialize with, when I mention Alcor,
they think it's a cool idea. They have some level of interest for sure. But they
are still somewhat young, so they really aren't thinking about death, or the
future. To them, Alcor is just something kind of cool, and interesting.
Now if it was affordable, and easy, they would probably sign up.
But as soon as they research the actual costs, and the paperwork
involved, most of them back off, and lose interest. I think it's a
fairly small group of people who actually have the foresight
to know that being signed up is pretty important. But if the
costs were less, I think a lot of younger people would be
willing to sign up, simply because it's a pretty cool concept.
But as soon as it impacts their finances, they lose interest.
Again, it's a matter of deciding if we are cool with having
an extra 100 new "flaky" members, who aren't really that
dedicated to the organization, or 10 who are really hardcore.

Re: 90-day notice of Underfunding Plan implementation

Posted: Thu Sep 05, 2013 10:32 am
by criley
TDK wrote:...Again, it's a matter of deciding if we are cool with having
an extra 100 new "flaky" members, who aren't really that
dedicated to the organization, or 10 who are really hardcore.
My own thought is that it is better to have more because with more members (even flaky) ones the costs should, in theory, go down so they'd be more likely to stay around. ;-)

Re: 90-day notice of Underfunding Plan implementation

Posted: Mon Dec 16, 2013 7:12 pm
by Curator
So there were ~500 some Alcor Members affected by this?

I'd be curious to know how many people will be unable to meet new funding levels after this all plays out, and through no fault of their own be forced to discontinue membership with Alcor?

Hopefully the Hardship Committee will be able to prevent this from happening. I'm uncomfortable with the idea of abandoning people that believe in the organization, but got caught in this.