The Philippine Institute for Development Studies (PIDS) entered into a memorandum of understanding (MoU) with the Philippine Retirement Authority (PRA), an attached agency of the Department of Tourism (DOT). The agreement entails the conduct by PIDS of a comprehensive study on the competitiveness of PRA’s retirement program vis-à-vis those in other countries and its responsiveness to the needs of its beneficiaries.

PIDS President Aniceto Orbeta Jr. and PRA Chief Executive Officer and General Manager Atty. Bienvenido Chy led the MoU signing in a virtual ceremony on February 17, 2022.

Also present during the virtual MOA signing were PRA Deputy General Manager Atty. Maria Milagros Lisaca, PIDS Research Services Department Manager Renee Ajayi, PRA Department Manager Atty. Antonio Rivera, PIDS Senior Research Fellow Dr. Francis Mark Quimba, PIDS Research Fellow Dr. Aubrey Tabuga, and staff from both agencies.


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