REVENUE MEMORANDUM ORDER NO. 28-2017 issued on October 13, 2017 amends certain provisions of Revenue Memorandum Order (RMO) No. 42-2016 relative to the reportorial requirements prescribed for the implementation of Republic Act No. 9505, otherwise known as the Personal Equity and Retirement Account (PERA) Act of 2008. The reports being required under RMO No. 42-2016 are reduced from fifteen (15) to three (3) to make the submission and processing thereof easier for both the PERA administrators and the PERA Processing Office (Audit Information Tax Exemption and Incentives Division or AITEID). The reports summarized in Annex B of RMO No. 42-2016 shall be discontinued upon effectivity of this Order. Instead, there will only be three (3) reports required to be submitted by the PERA Administrator to AITEID. These are Quarterly Report on PERA Contributions; Alpha List of PERA Contributors; and Quarterly Report on PERA Distributions and Early Withdrawals. The template of the said three reports as well as the list of reports that are no longer required for submission to AITEID are attached/specified in this Order. BIR Form No. 2338 (Certification of Aggregate Amount of Qualified PERA Contribution) and BIR Form No. 2339 (Certification of Entitlement to 5% Tax Credit for Employee Contribution) were also revised by this Order.