Historical Highlights

Historical Highlights

Philippine Retirement Authority was founded 04 July 1985 and was originally named as Philippine Retirement Park System (PRPS) under the office of the President, Republic of the Philippines

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1985

General Manager / CEO: Atty. Florencio B. Orendain

Executive Order No. 1037 was signed then President Ferdinand E. Marcos. Its first Chairperson is former First Lady Imelda R. Marcos.

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1986 - 1992

  • PRA enrolls its first SRRV Holder Mr. Mitsui Ono (Japanese National)
  • Renamed the original corporate name "Philippine Retirement Park System (PRPS) to Philippine Retirement Authority(PRA)
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1992 - 1998

General Manager/ CEO: Atty. Vernette Umali-Paco

  • PRA became a self-sustaining Government Owned and Controlled Corporation
  • Acquisition of PRA's own corporate office at 29th Floor Citibank Tower (now BDO Towers)
  • PRA awarded a Center for Excellence by the Civil Service Commission
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1998 - 2001

General Manager / CEO: Atty. Davidica Salaya

On 31 August 2001 through Executive Order No. 26, the control and supervision of PRA was transferred from the Office of the President to the Board of Investment, Dept. of Trade and Industry

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2001 - 2010

General Manager/ CEO: Benjamin S. Santos / Francisco E. Lirio Reynaldo Lingat

  • On 12 May 2009, by virtue of Republic Act No. 9593,otherwise known as "TourismAct of 2009", PRA became anattached agency of the Department of Tourism with the Department Secretary as Chairperson of the Board
  • The Retirement Industrywas named as a flagship project of the National Government
  • Launched the new logo of PRA and the Smile at Life in thePhilippines slogan
  • Launched the 1s RetirementSummit in coordinationwith the PhilippineRetirement Incorporated(PRI)
  • Established the four satelliteoffices of PRA in Baguio,Clark-Subic, Cebu and Davao
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2011 - 2015

General Manager / CEO: Veredigno P. Atienza / Valentino Cabansag

DOT Secretary Ramon R. Jimenez Jr. - Chairperson

  • Launched and rebranded the SRRVisa product line via SMILE Program
  • PRA Pilot International Correspondent Office (ICO) in China was established.
  • Launched the PRA Best RADAR Award
  • Agreement signed between PRA and PHILHEALTH
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2016 - 2022

General Manager/ CEO: Atty. Bienvenido K. Chy

  • ISO 9001-2015 Certified
  • New ICT Systems deployed
  • PRA and Interpol signed Agreement
  • PRA and Bureau of Immigration execute data sharing agreement