A long time ago, perhaps not in this blog, i had mentioned that unless individuals were investment-inclined, they dont bother to really provide for their future, except perhaps to purchase an insurance policy - the just-in-case-scenario of the event of death. However, it is not always just death that may bring disaster to a family. Loss of income due to contingencies of many flavors have a higher probability of occurring. Accidents may disable a person, thereby causing him to lose a major source of his income.
Hence, i have been antsy about PERA, but no more... i think i may just fall under the not-eligible due to the long wait. *hay* the wheels of justice grind very slow indeed!
anyway, ofws have been romanced into paying their contributions as well as paying into a flexi-account. How nice, and yet, as HTT points out, very few OFWs actually do that note and i dont understand why.
click below to read how advantaged and fully privileged these OFWs are .....
HTT's post on The Manila Standard Today /2013/02/22/ the-plight-of-migrant-workers/
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