HR, Treasury Departments host 'PERA' webinar for faculty, employees

To guide permanent faculty and employees in making informed financial decisions about their retirement savings, the Human Resource Department of Manuel S. Enverga University Foundation held HeaRt Talk Episode 2: PERA Orientation – Understanding Personal Equity and Retirement Accounts  via Zoom, Dec. 13. 

Offering a clear explanation of the benefits, limitations, and processes related to Personal Equity and Retirement Accounts (PERA).Cleofe Atayde, Treasury Department Director led the session, 

The discussion covered topics such as enrollment, account management, and withdrawal procedures, empowering participants to better understand this government-backed savings program.

Vice President for Finance and University Treasurer Carlito Rodriguez also contributed to the conversation by sharing his financial expertise and practical advice. "Planning for retirement is not just about securing your future; it’s about making informed decisions today that lead to financial freedom," VP Rodriguez said.

134 faculty and staff members attended the webinar, who expressed their appreciation for the relevant and timely discussion.

One participant shared, "The webinar gave me a better understanding of how PERA works and how it can help me achieve my financial goals."

Director Atayde also emphasized the importance of financial literacy. "Our goal is to ensure that everyone in the university is equipped with the knowledge to build a strong financial foundation," Atayde said.

The Human Resource Department continues to support its employees by offering learning opportunities like this webinar, aligned with the university's mission to foster both personal and professional growth.

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The HeaRt Talk Episode 2: PERA Orientation Webinar aligns with several Sustainable Development Goals (SDGs), demonstrating Manuel S. Enverga University Foundation’s commitment to promoting holistic growth and societal impact.

• SDG 1: No Poverty
  Empowering individuals with financial knowledge equips them to make informed decisions, ensuring they can plan for a more secure and stable future. By fostering financial literacy, the university helps reduce vulnerabilities and supports long-term financial well-being.
• SDG 4: Quality Education
  Financial literacy is a key component of lifelong learning. This webinar serves as an educational initiative that ensures all participants gain the knowledge and tools needed to manage their finances effectively, promoting continuous learning beyond traditional academic subjects.
• SDG 8: Decent Work and Economic Growth
  Promoting financial security and independence directly supports sustainable economic growth. By guiding employees on how to maximize their retirement savings through PERA, the university encourages financial stability and empowers its workforce to contribute meaningfully to economic progress.
• SDG 10: Reduced Inequalities
  The initiative provides equitable access to financial knowledge, ensuring that all faculty and employees—regardless of position or background—have the opportunity to improve their financial capabilities and secure their future.
• SDG 17: Partnerships for the Goals
  The collaboration between BDO and MSEUF reflects a strong commitment to achieving shared objectives through partnership. By working together, the university and its financial partners strengthen their impact on building a financially literate and empowered community.