Approving the Increase in the Maximum Daily Income Benefit for EC Temporary Total Disability (TTD) in the Private Sector from Php480 to Php600

August 29, 2019ECC BOARD RESOLUTION NO. 19-08-28APPROVING THE INCREASE IN THE MAXIMUM DAILY INCOME BENEFIT FOR EC TEMPORARY TOTAL DISABILITY (TTD) IN THE PRIVATE SECTOR FROM PHP480 TO PHP600 IN RELATION TO THE NEW MSC SCHEDULE UNDER THE SOCIAL SECURITY ACT OF 2018Excerpts from the Minutes of the Fourth (4th) Regular Commission Meeting, Employees' Compensation Commission, Series of 2019, ECC Multi-purpose Hall, 4th Floor, ECC Building, 355 Gil Puyat Ave., Makati City, Thursday, 29 August 2019 at 12:00 N.N.WHEREAS, Republic Act 11199 also known as the Social Security Act of 2018 was signed on 7 February 2019, repealing RA 1161, as amended by RA 8282;WHEREAS, the same Law effectively increased the minimum and maximum Monthly Salary Credit (MSC) schedule for SSS members depending on the type of membership, effective April 2019 and in subsequent dates, as detailed in SSS Circular Nos. 2019-05 to 07 dated 15 March 2019 on New Schedules of Social Security Contributions Effective April 2019;WHEREAS, the increase in the maximum MSC per RA 11199 results to a corresponding increase in the maximum...