Blog

Parties & celebrations: PRA marks 31 years

Department of Tourism secretary Wanda Teo joins members of the Philippine Retirement Authority in celebrating the authority's 31st anniversary

ALL SMILES: PRA staff with Department of Tourism secretary Wanda Teo (seated centre in red dress) and PRA general manager Valentino Cabansag (left from Teo)
The Philippine Retirement Authority (PRA), a government corporation aimed at attracting foreign nationals and former Filipino citizens to invest, reside and retire in the Philippines, celebrated its 31st year of service on July 1 at the Philippine International Convention Centre in Pasay City.

The authority honored its long-serving employees with industry achiever awards and announced milestones achieved in the past year. PRA marketing manager Noehl Bautista said some of the authority's achievements in 2015 include giving registered retirees in the Philippines entitlement to Philhealth benefits and access to the VIP lounge set up for them exclusively at the Ninoy Aquino International Airport (NAIA) terminal 2. Bautista also announced the P190-million dividend the PRA was able to submit to the Bureau of Treasury in 2015.  

DOT secretary Wanda Teo speaking before 300 PRA employees and guests

Newly appointed Philippine Department of Tourism (DOT) secretary Wanda Corazon Teo was guest speaker at the event. She told some 300 PRA employees, board members and board of trustees and guests that the Philippines is now recognized as “a retirement paradise” and was included in Forbes’ top 20 retirement destinations.

The PRA has been working hand in hand with the DOT, Bureau of Immigration and the Development Bank of the Philippines for the past 31 years in order to improve its service and convince more retirees to settle in the country. It has already enrolled about 45,000 foreign retirees to date, 10% of which joined in 2015.

Catch up with the day's celebratory event with a few more pictures...

Welcome message by PRA general manager Valentino Cabansag
All cheers to 31 years! From left, Manila Japanese Association chairman Masahiko Ieda, PRA GM Cabansag and DOT secretary Teo
From left, DOT assistant secretary for media affairs Shalimar Tamano, DOT undersecretary Kat De Castro, DOT secretary Wanda Teo, PRA GM Valentino Cabansag and DOT undersecretary Bong Benzon Jr.

Dornier Media sales and marketing manager Lovenia Lim (right) with DOT secretary Wanda Teo
Find out more about the PRA. Read about the best places to retire in the Philippines.

-Photos by AJ Lim

Published July 2016