Guidelines in the Implementation of Executive Order No. 167 in the Private Sector

June 6, 2014ECC BOARD RESOLUTION NO. 14-06-29GUIDELINES IN THE IMPLEMENTATION OF EXECUTIVE ORDER NO. 167 IN THE PRIVATE SECTORExcerpts from the Minutes of the Fourth (4th) Joint Regular Commission Meeting, Employees' Compensation Commission, Series of 2014, 3A Conference Room, OSHC Bldg. Agham cor. North Ave., Quezon City, Friday, 06 June 2014 at 12:00 NN.WHEREAS, on May 26, 2014, President Benigno Simeon C. Aquino III issued Executive Order (E.O.) No. 167 (Increasing the Amount of Certain Employment Compensation Benefits for Employees in the Private and Public Sectors); WHEREAS, Section 1 of E.O. No. 167 provides that the amount of EC Funeral Benefits in both the private and public sector shall be increased from ten thousand pesos (P10,000.00) to twenty thousand Pesos (P20,000.00);WHEREAS, Section 2 of E.O. No. 167 provides that there shall be a ten (10%) across the board increase in EC Pension for all EC permanent partial disability (PPD), permanent total disability (PTD) and survivorship pension in the private sector;WHEREAS, Section 4 of E.O. No. 167 provides that the ECC shall issue such rules and...