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)

Vice Chair, Sacred Heart School-Ateneo de Cebu
Ordained Priest, March 1973;
Recipient, PAASCU'S James
Meany Award



BERNADETTE M. NEPOMUCENO
PRESIDENT
Board of Directors,
First Metro Save and Learn
Mutual Fund; Founding
Member, Friends of Jung



VICENTE K. FABELLA
TREASURER /
TRUSTEE (NCR)

President, Jose Rizal University


ELIZABETH Q. LAHOZ
TRUSTEE (at-large)
President & Vice Chair, Technological Institute of the Philippines


FR. JOHN CHRISTIAN U. YOUNG
TRUSTEE (Mindanao)
President, Father Saturnino
UriosUniversity;
Ordained Priest, July 1994



KAREN BELINA F. DE LEON
TRUSTEE (at-large)
President, Misamis University;
President, Misamis Bank



DR. PATRICIA B. LAGUNDA
TRUSTEE (Luzon)
President,
Baliuag University; Regional Vice President for Luzon, Philippine Association of Colleges and Universities



FR. ROBERTO C.YAP, S.J.
TRUSTEE (at-large)
President, Xavier University;
President & Director, Maria Reyna Xavier University Hospital;
Chair & Trustee, Xavier Science Foundation; Director, Realty Investment, Inc.; Director, Professional Services, Inc.; Trustee, various Ateneo Schools;
Ordained Priest, March 1992



SR. CAROLINE S. CAPILI, O.P.
TRUSTEE (at-large)
President & Board Vice Chair, Siena College of Taytay; Member, General Council, OP-Siena Congregation; Member, Finance Council, OP-Siena Congregation; Chair, Commissions on Tertiary and Research; OP-Siena Schools; Member, Commission on Tertiary Education, PAASCU; Chair, Search Committee for Private Sector Representative; Commission on Higher Educatiom (CHED-MIMAROPA); Member, CHED Regional Quality Assessment Team (RQAT)


BR. RAYMUNDO B. SUPLIDO, FSC
TRUSTEE (at-large)
President, De La Salle University;
Member, De La Salle
Brothers, Inc; Chairman of the Board, Lasallian Supervised Schools Association, Inc.; Trustee, various De La Salle Schools; Board Member, St. Paul University Iloilo; Board Member, Philippine Catechetical and Rel. Educ. Foundation (PhilCare)


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