Personal Equity and Retirement Account (PERA)
PERA complements traditional retirement benefits (such as SSS, GSIS, or employer plans) and is designed to be personal, flexible, and portable, allowing you to grow your investments over time.
Key Benefits
Tax-Free Earnings
All income generated from PERA investments, including interest, dividends, and capital gains, is exempt from taxes, helping your savings grow faster through compounding.
5% Income Tax Credit on Contributions
Contributors receive a 5% annual tax credit based on their qualified contributions, which can be used to reduce income tax liabilities.
Tax-Free Withdrawals (55/5 Rule)
Withdraw your PERA investments tax-free once you reach age 55 and have contributed for at least 5 years, providing a tax-efficient source of retirement income.
Your PERA Investment Options with EastWest
EastWest Bank offers four (4) PERA UITFs designed to match different investment goals and risk profiles, from conservative to growth-oriented strategies.
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EastWest PERA Peso Money Market Fund
Liquidity and stable income from a diversified portfolio of short-term deposits and fixed income instruments. Ideal for investors with a conservative ...
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EastWest PERA Peso Intermediate Term Bond Fund
Potential for intermediate-term returns higher than traditional bank deposits, invested in government securities, corporate bonds and notes and term d...
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EastWest PERA Peso Long Term Bond Fund
Long-term return potential by investing in a diversified portfolio of deposits and tradable debt securities issued by the Philippine government, its a...
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EastWest PERA PSEi Tracker Fund
Investment returns that seek to track the performance of the Philippine Stock Exchange Index (PSEi) through a diversified portfolio of PSEi stocks hel...
Start Investing through EastWest’s Partner PERA Administrators
Getting started with your EastWest PERA is simple, convenient, and fully digital with our partner administrators:
FAQs
Any Filipino who is of legal age and has a Tax Identification Number (TIN) can open and contribute to a PERA.
a. ₱200,000 per individual per year (local contributors)
b. ₱400,000 per individual per year (Overseas Filipinos)
You may withdraw your PERA tax-free once you:
- Reach age 55, and
- Have contributed for at least 5 years
Yes, but early withdrawals may be subject to penalties, including the return of tax incentives previously enjoyed.
Penalties may not apply in cases such as:
- Long-term hospitalization
- Permanent disability
- Death
- Transfer to another PERA investment or administrator within 15 calendar days from withdrawal
You may open up to five (5) PERA accounts, each invested in a different product category, but all must be under one administrator and should not exceed the individual annual limit.