MANILA, Philippines — The central bank-backed retirement savings program Personal Equity and Retirement Account (PERA) saw total contributions pile up by 24 percent in 2024 to nearly half a billion ...
Filipinos both here and abroad may now double their maximum contributions to their Personal Equity and Retirement Account (PERA), as part of efforts to encourage more to prepare for retirement.
The Bangko Sentral ng Pilipinas on Tuesday said it has exempted personal equity retirement account (PERA) unit investment trust funds (UITFS) from the non-resident ownership rule, allowing overseas ...