BSP, SEC partner to protect Filipinos' retirement savings

The Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC) have formalized their partnership to safeguard the retirement savings of Filipinos. 

On 3 December 2025, the two institutions signed a memorandum of agreement (MOA) on data sharing, as well as access to and use of information from the Personal Equity and Retirement Account System or PERASys. 

PERASys is the central database of all PERA contributors that is managed by the BSP. It helps ensure that every contributor’s hard-earned savings and corresponding tax incentives are accurately recorded and well-protected. 

Under the MOA, the BSP and SEC will work together to ensure data related to PERA contributors are shared securely and used responsibly, enabling effective service for Filipinos investing for their retirement. 

“When you put aside part of your income for your future, you trust us to protect that investment. With this partnership, we are building a system that keeps your information safe and your future more certain. It is one more step toward helping every Filipino retire with dignity and peace of mind,” said BSP Governor Eli M. Remolona, Jr.
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Under the MOA, the two government institutions ensure full compliance with data privacy laws and set high standards for confidentiality, recordkeeping, and data security. The MOA lays down clear procedures for reporting, handling of operational issues, and safeguarding information.​​