27K ECC pensioners have received P541 million in monetary assistance.
Since its inception in June 2021, the Employees’ Compensation Commission (ECC) has handed out more than PHP541 million in financial assistance to its retirees around the country.
According to ECC Executive Director Stella Zipagan-Banawis, PHP541,440,000 was distributed to 27,072 EC pensioners, each of whom received PHP20,000.
“ECC took into account our retirees in the provision of support because they were also impacted by the Covid-19 epidemic due to their vulnerabilities and the pandemic’s long-term economic impact,” she stated in a recent statement.
Pensioners are those who have suffered a permanent partial or entire disability as a result of their work or working environment.
They can also be the beneficiaries of employees who died as a result of work-related circumstances between January 1, 2020, and May 31, 2021.
The EC Program’s implementing agencies, the Social Security System, and the Government Service Insurance System distributed the funds.
Banawis continued, “These were instantly credited to the pensioners’ accounts or awarded through checks.”
On April 19, 2021, President Rodrigo Duterte signed Administrative Order No. 39, authorizing the ECC to provide financial support to qualifying retirees.
Save/Share this story with QR CODE
Disclaimer
This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.
๐ฉ Need to get in touch?
๐ฉ Feel free to Contact NextGenDay.com for comments, suggestions, reviews, or anything else.
We appreciate your reading. ๐Simple Ways To Say Thanks & Support Us:
1.) โค๏ธGIVE A TIP. Send a small donation thru Paypal๐โค๏ธ
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) ๐ BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) ๐ Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).
AFFILIATE PARTNERS
World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.