Following the directive of the BSP, I received an email today from BDO stating that the limit for my annual contribution to my PERA account with them has increased from P100,000 to P200,000.

This is timely — with the elevated inflation rates in the past year or so, we’d better have enough come retirement age. Plus, this is an opportunity to average down faster with our PERA account subscriptions being down in the past 3 years.