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the non-public Equity and Retirement Account Act (Republic Act 9505) was enacted in 2008 to offer legal and regulatory framework for retirement plans, Particularly for individuals considering get more info voluntary private financial savings and investments. The law gives a system for your voluntary establishment of the retirement account referred to as particular fairness and Retirement Account with the distinctive use and benefit of the contributor for the purpose of investing exclusively in PERA expense solutions in the Philippines.
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