PERA: Tax-free, state-backed retirement account OFWs can use to secure their future

At a glance

Filipinos who are at least 18 years old, have a Tax Identification Number (TIN) and are legally capable of entering into a contract.

How much can you contribute?

Up to ₱100,000 a year for residents.

Up to ₱200,000 a year for Overseas Filipino Workers (OFWs).

Contributors may maintain up to five PERA accounts.

Why PERA works for overseas Filipino workers (OFWs)