Approving the Increase in the EC Funeral Benefit for the Public Sector from Php20,000 to Php30,000

July 28, 2016ECC BOARD RESOLUTION NO. 16-07-28APPROVING THE INCREASE IN THE EC FUNERAL BENEFIT FOR THE PUBLIC SECTOR FROM PHP20,000 TO PHP30,000Excerpts from the Minutes of the Fourth (4th) Regular Commission Meeting, Employees' Compensation Commission and Occupational Safety and Health Center, Series of 2016, Convened at ECC Multi-Purpose Hall, 4th Floor, ECC Bldg. 355 Sen. Gil J. Puyat Avenue, Makati City, Tuesday, 28 July 2016 at 11:00 AM.WHEREAS, Article 177 (e) of P.D. No. 626, as amended partly reads: "Art. 177. (e) . . . the Commission may upgrade benefits and add new ones subject to approval of the President; and Provided, Further, That the actuarial stability of the State Insurance Fund shall be guaranteed; Provided, Finally, that such increases in benefits shall not require any increases in contribution . . ."WHEREAS, Executive Order No. 135 dated 23 April 2013 provided for the increase in EC funeral benefit for the public sector from Php3,000 to Php10,000 thus equalizing the funeral benefit for both the public and private sectors;WHEREAS, the EC Funeral benefit for the public...