About PERAA

Our Mission

To provide adequate and affordable retirement programs to participating private educational institutions through the achievement of economies of scale from commonly managed funding and retirement arrangements, and by operating as a non-profit organization administered by a highly motivated and competent Board of Trustees.

Philosophy

  • PERAA believes that teachers and employees of private education deserve a decent life at retirement through adequate lifetime income.

  • PERAA believes that the retirement security of private school employees is the concern not only of the government, the institution, the employee, but also of responsible leaders in the private education sector.

  • PERAA believes that effective preparation for successful retirement should start during active service.

Board of Trustees




ANTONIO S. SAMSON, S.J.
CHAIRMAN
TRUSTEE (Visayas)

Chairman, Ateneo de Iloilo
Ordained Priest, March 1973;
Recipient, PAASCU'S James
Meany Award



REYNALDO C. BAUTISTA
VICE CHAIRMAN
TRUSTEE (at-large)

Chairman-Emeritus,
University of Baguio;
Chairman, Center for
Educational Measurement;
Chairman & President, Rural
Bank of Itogon



BERNADETTE M. NEPOMUCENO
PRESIDENT
TRUSTEE

President, Assn. of Women
Presidents; Chancellor,
Private Colleges &
Universities; BOD Member,
First Metro Save and Learn
Mutual Fund;Founding
Member, Friends of Jung



VICENTE K. FABELLA
TREASURER /
TRUSTEE (NCR)

President, Jose Rizal
University; Regional VP for
NCR, Philippine Assn. of
Colleges & Universities



ELIZABETH Q. LAHOZ
TRUSTEE (at-large)
President, Technological
Institute of the Philippines;
Member, Board of Trustees/
Secretary (Phil. Chapter),
Assn, of South East Asian
Higher Learning



KAREN BELINA F. DE LEON
TRUSTEE (at-large)
President, Misamis University;
1st Vice President, Philippine
Association of Colleges and
Universities



BEN MALAYANG III, Ph.D.
TRUSTEE (at-large)
President, Silliman University;
Trustee, Association of
Christian Schools, Colleges
and Universities



FR. JOHN CHRISTIAN U. YOUNG
TRUSTEE (Mindanao)
President, Father Saturnino
UriosUniversity;Regional
Trustee for Caraga, Catholic
Educational Assn. of the
Philippines



FR. ROBERTO C.YAP, S.J.
TRUSTEE (at-large)
President, Xavier University;
Treasurer, Society of Jesus,
Philippine Province; Chairman
& Director, Realty Investment
Inc.;



DR. PATRICIA B. LAGUNDA
TRUSTEE (Luzon)
Exec. Vice President,
Baliuag University;
Chairman, Coordinating
Council of Private Educational
Association(COCOPEA)
President, Philippine Assn. of
Colleges and Universities



Bro. Raymundo B. Suplido, FSC
TRUSTEE (at-large)
President, University of St. La
Salle; Regional Director, Asia
& the Pacific Int'l. Association
of Lasallian Universities


History of PERAA

The Private Education Retirement Annuity Association was formally organized on September 2, 1972 with the signing of the Trust Agreement. There were 22 founding members* of PERAA though only 14 institutions, who braved the gloomy weather, made it that night.

Established as a private, non-profit, employees' trust under the auspices of Fund for Assistance to Private Education, PERAA is the first comprehensive retirement program in the country. It was modeled after the Teachers Insurance Annuity Association - College Retirement Equity Fund or TIAA-CREF (the multi-billion dollar retirement system for teachers in the U.S.). Today, it has evolved into a solid, self-reliant association.

PERAA remains true to its mission of strengthening retirement security among human resources of private education.

* Founding Members

  • Assumption Convent of Iloilo
    Iloilo City

  • Ateneo de Zamboanga University
    Zamboanga City

  • Cabanatuan City Colleges
    Cabanatuan City

  • Emmanuel College
    General Santos City

  • E.R.G. Memorial Colleges (frmrly. Arellano Memorial Colleges)
    Malabon Metro Manila

  • Foundation University
    Dumaguete City

  • Franciscan College of the Immaculate Conception
    Baybay, Leyte

  • Holy Angel University (frmrly. College)
    Angeles City

  • Jose Rizal University (frmrly. College)
    Mandaluyong City

  • Northern Christian College
    Laoag City

  • Pamantasan ng Araullo (frmrly. Araullo Lyceum)
    Cabanatuan City

  • San Nicolas College
    Surigao City

  • Southern Christian College
    Midsayap, North Cotabato

  • St. Columban College
    Pagadian City

  • Star of the Sea High School
    Tukuran, Zamboanga del Sur

  • Trinity University of Asia
    (frmrly. Trinity College) Quezon City

  • Union Christian College
    La Union

  • University of Luzon (frmrly. College)
    Dagupan City

  • University of Manila
    Sampaloc, Manila

  • University of Pangasinan
    Dagupan City

  • University of Saint Anthony (frmrly. St. Anthony College)
    Iriga City

  • Fr. Saturnino Urios University
    (frmrly. Urios College) Butuan City