Workers' Compensation

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Workers' Compensation

Insurance that pays for an employee's medical care in the event that he/she is injured at work. Workers' comp may also provide for lost wages and compensate for disability or reduced earning potential. In exchange for receiving workers' comp, the employee surrenders the right to sue the employer for negligence. Workers' comp is mandatory in many jurisdictions and employee paychecks are reduced by the amount of the premium.
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References in periodicals archive ?
Employees' Compensation (CE) named as a statistical term in national accounts or may assume thebalance of payment statistics or occasionally it labelled in corporate accounts.
The President has directed the Employees' Compensation Commission, SSS and GSIS to appropriate and release the funds necessary to cover the increase in the benefits.
Every dollar of mortgage loans increases total employees' compensation by 12.51 cents (12.51%).
If society should not, then this law [the Federal Employees' Compensation Act] should not be passed.
Bello III, Labor Secretary and ECC chairman, said the additional ROIs contributed to the growth of ECC's available funds for employees' compensation (EC) claims.
The implementation of the employees' compensation benefit adjustment also contributed to the increase in benefit disbursements along with the release of the 13th-month pension of qualified pensioners and their dependents,' Dooc said.
"There is a need to continually improve benefits under the Employees' Compensation Program to make them more responsive to the welfare and development needs of occupationally disabled workers," the order read.
His SSS death benefit pension is about P9,000 a month while his employees' compensation death benefit is about P7,000 a month.
The President said in the EO that 'there is a need to continually improve benefits under the Employees' Compensation Program (ECP) to make them more responsive to the welfare and development needs of occupationally disabled workers.'
"The ECC has already committed to give the highest priority to employee-survivors of the typhoon and their dependents in the speedy and efficient facilitation of their employees' compensation claims," Baldoz said.
We would like to inform Lomboy that according to the SSS Medical Program Department, her employees' compensation (EC) disability claim, which was denied by SSS Tarlac Branch, was forwarded last May 4 to the Employees' Compensation Commission (ECC), the government institute that implements the Employees' Compensation Program, together with the accompanying documents and medical records, for evaluation as to whether her disability is work-connected or not.

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