Good news to all qualified pensioners of the Employees’ Compensation Commission (ECC).
ECC will start releasing the one-time P20,000 financial assistance to its pensioners in the public and private sectors starting this June, the labor department said on Tuesday.
“The P20,000 financial assistance from the ECC for private sector EC pensioners will be credited to their accounts starting this month of June,” Labor Secretary Silvestre Bello III said.
Bello said the one-time financial assistance will be released in batches to about 32,000 EC pensioners by the Social Security System (SSS) and the Government Service Insurance System (GSIS), the ECC‘s administering agencies for the private and public sector.
ECC Executive Director Stella Zipagan-Banawis, in her report to the DOLE Secretary who is the Chairman of the ECC, said that qualified EC pensioners need not apply for the financial assistance as it will be processed in the same manner as the processing of their EC pensions.
“EC pensioners in the private sector with at least one month of permanent partial disability (PPD), permanent total disability (PTD), or survivorship pension from January 1, 2020, to May 31, 2021, will benefit from the one-time financial assistance,” Banawis added.
President Rodrigo Duterte signed Administrative Order No. 39, series of 2021, on April 19, approving the granting of one-time financial assistance of ?20,000.00 to EC pensioners in both the public and the private sectors. EC pensioners are persons with permanent partial disability (PPD) or permanent total disability (PTD) because of their work or their working environment. They can also be the beneficiaries of the employees who died due to work-related contingencies.
In case of the death of the eligible EC pensioner during the prescribed period of January 1, 2020, to May 31, 2021, the one-time financial assistance will be released to his or her beneficiary.
“The EC pensioners have suffered work-related disability and the COVID-19 pandemic compounded their vulnerability as they deal with undue financial hardships,” Banawis said. “We hope that the one-time financial assistance can ease the financial burdens of our EC pensioners during this trying time. Rest assured that ECC is tirelessly working to provide more assistance to our workers.