Bill Type
Long Title
AN ACT ESTABLISHING A PROVIDENT PERSONAL SAVINGS PLAN, KNOWN AS THE PERSONAL EQUITY AND RETIREMENT ACCOUNT ("PERA")
Congress Author
Date filed
March 12, 2008
Scope

Legislative History

House Bill/Resolution NO. HB03754
REPUBLIC ACT NO. RA09505
FULL TITLE : AN ACT ESTABLISHING A PROVIDENT PERSONAL SAVINGS PLAN, KNOWN AS THE PERSONAL EQUITY AND RETIREMENT ACCOUNT ("PERA")
SHORT TITLE : "Personal Equity and Retirement Account (PERA) Act of 2008."
ABSTRACT : The measure establishes a long-term savings plan to provide Filipinos in their old age a comfortable and financially-secured retirement.
PRINCIPAL AUTHOR/S : ANGARA, JUAN EDGARDO M.
DATE FILED : 2008-03-12
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. De Venecia 2. Puentevella
3. Teodoro
CO-AUTHORS (Journal Entries) :
1. Villar (091 )
AUTHORS(Final/Third Reading) :
1. Angara 2. De Venecia
3. Puentevella 4. Teodoro
5. Codilla 6. Chipeco
7. Villanueva 8. Chatto
9. Reyes (V.) 10. Arenas
11. Abaya 12. Agbayani
13. Aggabao 14. Amatong
15. Antonino-Custodio 16. Apostol
17. Aquino 18. Binay
19. Cagas (M.) 20. Cayetano
21. Coscolluela 22. Cruz-Gonzales
23. De Guzman 24. Defensor (A.)
25. Defensor (M.) 26. Del Mar
27. Del Rosario 28. Domogan
29. Duavit 30. Durano
31. Emano 32. Escudero
33. Fernandez 34. Garcia (P.)
35. Garcia (P.J.) 36. Gatchalian
37. Gatlabayan 38. Gonzales (N.)
39. Gonzalez 40. Gullas
41. Hontiveros 42. Ilagan
43. Javier 44. Joson
45. Lagman 46. Magsaysay
47. Mendoza (M.) 48. Mitra
49. Noel 50. Nograles
51. Pancrudo 52. Piamonte
53. Plaza 54. Prieto-Teodoro
55. Remulla 56. Rodriguez
57. Rodriguez-Zaldarriaga 58. Romualdo
59. Romulo 60. Salimbangon
61. Soon-Ruiz 62. Tañada
63. Teves 64. Velarde
65. Villarosa 66. Yap
67. Yu
COUNTERPART HOUSE BILL/CONCURRENT RESOLUTION: SB01882
ACTIONS TAKEN BY THE COMMITTEE
COMMITEE HEARINGS/ACTIONS:
      1. Transmmitted to the Committee on Ways and Means on 2008-02-05
      2. Approved by the Committee on Ways and Means on 2008-02-26
      3. Committee Report filed on 2008-03-12
      4. Committee Report Approved on 2008-05-05
      5. Bicameral Conference Report filed on 2008-06-10
COMMITTEE REPORT NO. 00383
SUBMITTED ON 2008-03-12
SUBMITTED BY: ECONOMIC AFFAIRS, WAYS AND MEANS
RECOMMENDATIONS: approval
SUBSTITUTED BILLS: HB00094, HB01685, HB01730, HB02875
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON RULES ON 2008-04-21
DATE INCLUDED IN OB: 2008-04-21
DATE CALENDARED : 2008-04-30
SECOND READING INFORMATION
PERIOD OF SPONSORSHIP : 2008-05-05
SPONSORED BY :  Durano
FINAL LIST OF AUTHORS : Angara, De Venecia, Puentevella, Teodoro, Codilla, Chipeco, Villanueva, Chatto, Reyes (V.), Arenas, Abaya, Agbayani, Aggabao, Amatong, Antonino-Custodio, Apostol, Aquino, Binay, Cagas (M.), Cayetano, Coscolluela, Cruz-Gonzales, De Guzman, Defensor (A.), Defensor (M.), Del Mar, Del Rosario, Domogan, Duavit, Durano, Emano, Escudero, Fernandez, Garcia (P.), Garcia (P.J.), Gatchalian, Gatlabayan, Gonzales (N.), Gonzalez, Gullas, Hontiveros, Ilagan, Javier, Joson, Lagman, Magsaysay, Mendoza (M.), Mitra, Noel, Nograles, Pancrudo, Piamonte, Plaza, Prieto-Teodoro, Remulla, Rodriguez, Rodriguez-Zaldarriaga, Romualdo, Romulo, Salimbangon, Soon-Ruiz, Tañada, Teves, Velarde, Villarosa, Yap, Yu
DATE APPROVED ON SECOND READING : 2008-05-05
THIRD READING INFORMATION
DATE COPY DISTRIBUTED TO MEMBERS: 2008-05-12
DATE APPROVED BY THE HOUSE ON THIRD READING :2008-05-26
HOUSE VOTES:    YEAS:181     NAYS:0    ABSTAIN:.0
DATE TRANSMITTED TO THE SENATE:  2008-05-28
ACTIONS TAKEN BY THE SENATE/HOUSE
DATE RECEIVED BY THE SENATE:  2008-05-28
CONFERENCE COMMITTEE INFORMATION
DATE REQUESTED TO FORM A CONFERENCE COMMITTEE : 2008-05-28
CONFERENCE COMMITTEEE REQUESTED BY : HOUSE
DATE AGREED TO FORM A CONFERENCE COMMITTEE : 2008-06-03
REMARKS : 
CONCOM MEMBERS(HOUSE) : Durano, Daza (P.), Enverga, Cagas (M.), Angara, Lapus, Romulo, Singson (R.), Chipeco
CONCOM MEMBERS(SENATE) : Angara, Enrile, Zubiri, Legarda, Biazon
DATE HOUSE RATIFIED CONCOM REPORT : 2008-06-10
DATE SENATE APPROVED CONCOM REPORT : 2008-06-10
ACTIONS TAKEN BY THE PRESIDENT
DATE TRANSMITTED TO THE PRESIDENT : 2008-07-24
DATE ACTED UPON BY THE PRESIDENT : 2008-08-22
PRESIDENTIAL ACTION:(A)PPROVED/(V)ETOED/(L)APSED : A
REPUBLIC ACT NO.: RA09505
ORIGIN : SENATE
REPUBLIC ACT TITLE: AN ACT ESTABLISHING A PROVIDENT PERSONAL SAVINGS PLAN, KNOWN AS THE PERSONAL EQUITY AND RETIREMENT ACCOUNT (PERA)

Abstract

The measure establishes a long-term savings plan to provide Filipinos in their old age a comfortable and financially-secured retirement.

President's Action

Consolidated with Approved Bill
Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.