• Many organizations offer the provident fund facility, one of them is the Nicera Philippines.

The
Employee Provident Fund of Nicera Philippines offers the nomination facility where an
employee can nominate his mother, father, spouse or children who are entitled to receive EPS
money in the event of the death of the employee. It is an option for the employees to invest for
their future benefit especially after retirement and investment strategy to produce fund,
enhance returns, and improve members benefit.

• Benefits of this fund includes financial services like life insurance, financial literacy, and loans. It
also reduce corporate taxes and employee benefit taxes, relief tax on investment income, higher
investment returns, and lower employee benefit cost. The evolution and continues growing of
PF highlights its role in providing loans. It is a concept to protect a growing aging population by
making sure that everyone is better prepared for their retirement.