On average, OFWs have higher contributions at P110,000; local employed workers at P82,000; and the self-employed at P76,000. These figures remain regrettably low. To bring PERA closer to the Filipino people, the BSP—together with relevant regulatory agencies and market participants—embarked on a collaborative effort to bring convenient and affordable retirement savings through digital PERA.
Leveraging on digital technology, we revolutionized the PERA investment process by creating a one-stop shop digital experience for investor education, client on-boarding, settlement of transactions, and monitoring of PERA investments. With this platform, Filipinos can now conveniently open or access their PERA account and invest 24/7, anywhere in the world using a mobile gadget.