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Imposing A Ten Percent (10%) Across-The-Board Increase In Employees' Compensation Pension For Employees In The Public Sector

Executive Order No. 188

MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

EXECUTIVE ORDER No. 188

IMPOSING A TEN PERCENT (10%) ACROSS-THE-BOARD INCREASE IN EMPLOYEES' COMPENSATION PENSION FOR EMPLOYEES IN THE PUBLIC SECTOR

WHEREAS, there is a need to continually improve benefits under the Employees' Compensation (EC) Program to make them more responsive to the welfare and development needs of persons with work-related disabilities;

WHEREAS, on 14 January 2015, the Employees' Compensation Commission (ECC) adopted Board Resolution No. 15-01-01, approving a ten percent (10%) across-the-board increase in EC pension for employees in the public sector;

WHEREAS, pursuant to Article 177 (e) of Presidential Decree (PD) No. 442, otherwise known as the "Labor Code of the Philippines, as amended," the ECC shall have the powers and duties, among others, to upgrade benefits and grant new ones for permanent disability or death, subject to the approval of the President, provided that the actuarial stability of the SIF shall be guaranteed and such increases in benefits shall not require any increase in contributions; and

WHEREAS, the results of the actuarial...

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