PERSONAL Equity and Retirement Account (PERA) contributions surged to P457.8 million as of end-June as more people signed up for the voluntary savings program, data from the Bangko Sentral ng Pilipinas (BSP) showed.

The tally is 24.4 percent higher than the year-earlier P367.9 million, and the number of contributors grew by 5.3 percent to 5,686 from 5,402.

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