L.R.U. New and Renewal Membership and Collective Guarantee

The L.R.U. Committee after weeks of discussions and workings came to finalise the Collective Guarantee.

Lotto Receivers’ Union membership for 2022/2023 fee is €155.00. Every member will be affiliated with the Malta Chambers of SMEs (former GRTU) with all the benefits of a full paid member.

Collective Guarantee workings as follow:

Current agents with Individual Guarantee will have to contribute 30% of what he/she has with Maltco. e.g. If you have €10,000.00 your contribution will be €3,000.00. This means that you be getting €7,000.00 in hand after the 5th July 2022.

Present agent being part of the Collective Guarantee with L.R.U. for these past 18 years, will see a minimal increase in their contribution. He/She will need to topup the contribution by 20% of the current amount.

Please be reminded that ALL the contributions are redeemed once the agent will end his agency anytime within these 10 years.

We would like to point out that we will not be asking any administration fee or any other hidden fees to cover any costs. We will also provide insurance packages in the coming days.

Please confirm your interest by not later than Tuesday 28th June 2022 by sending an email to info@lrumalta.com or by sending sms to 99267058.

Thanks & Regards,

Marco Rossi

L.R.U. President

+356 99267058