Sample computation:First, you need to compute how much is your DAILY SALARY CREDIT For example, your contribution is 1,760 pesos/month (maximum contribution). Your Monthly salary credit is 16,000. To get the Daily Sickness Credit, your Monthly Salary Credit is 16,000 divided by 30 ...
4. EC Contribution.This represents contributions for the “Employees’ Compensation” (EC) Program which is a fund for work-connected injury, sickness, disability and death with cash income benefit, medical, rehabilitation and related services. The EC contribution is solely paid by the employer, ex...
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