You are here: Home > Participate > RIPE NCC Membership > Billing, Payment and Fees > Redistribution > Redistribution of 2016 Surplus

Redistribution of 2016 Surplus

You’re viewing an archived page. It is no longer being updated.

At the RIPE NCC General Meeting (GM) in October 2016, the RIPE NCC membership voted to approve a redistribution of the expected fiscal surplus for 2016 via a rebate to members that existed on 31 December 2016. This rebate is included as a discount on the 2017 invoices for all those members.

The information below explains how the rebate is calculated and applied to your account.

The amount of the rebate for each member is based on the annual fee paid in 2016. This includes membership service fees and Provider Independent (PI) resource assignment fees. Sign-up fees and/or re-opening fees are excluded from the calculation.

Only existing members on 31 December will receive a rebate. If you are merging LIR accounts and your merger is finalised by 31 December then no rebate will apply for those LIR accounts that closed in 2016.

The fiscal surplus by 31 December 2016 was estimated at EUR 4,080,993.

Calculation of the Rebate

The amount of the rebate applied to each member is based on the annual fee paid in 2016. This includes membership service fees and Provider Independent (PI) resource assignment fees.

Sign-up fees and/or re-opening fees are excluded from the calculation.

The rebate formula is:

      Paid Annual Membership fee 2016     
------------------------------------------  * Fiscal Surplus 2016
Total annual fees 2016 paid by all members

 

The 2016 fiscal surplus is an estimation made on 31 December 2016. The rebate formula applicable in 2016 is (all figures are in EUR):

Paid Annual Membership fee 2016
------------------------------- * 4,080,993
20,470,663

 

Examples:

  1,400  
---------- * 4,080,993  = EUR 279.10
20,470,663
1,400+ (50 PI*50) 
-----------------  * 4,080,993  = EUR 777.50
20,470,663

In January 2017, members will receive an account statement of their total fee for 2017. There the exact rebate amount for 2016, when applicable, will be included. The rebate will not be refunded but will be marked as a discount on your invoice for 2017.

The rebate that will appear on your invoice is based on your LIR's billing scheme. For those LIRs that pay on quarterly schedule, the rebate will be equally distributed among four invoices.

If you believe the calculation of the redistribution to your account is incorrect, please inform us by 1 March 2017. After this date, the calculation will be final.

 

The invoicing schedule for 2017 is:

Yearly invoices

19 January 2017

Half-Yearly invoices

19 January 2017, 3 July 2017

Quarterly invoices

19 January 2017, 3 April 2017, 3 July 2017, 2 October 2017

*Please note: These dates may alter in the case of bank holidays and/or technical problems.