Finally, PGMA signs Republic Act 9505 or PERA into law. This should help Filipinos think about their retirement and save for the future. To know more about it, you can click the following links:
PGMA signs into law the long-overdue PERA Act of 2008
Income-Tacts.com FORUM about P.E.R.A
This similar to the 401K and IRA of the United States. Hopefully this boosts the saving habits of Filipinos and our Capital Market.