M4.2 S2 Flashcards
Module 4.2 Session 2
What is the retirement age
age of 60, but not beyond 65 years old
Minimum for retirement pay
½ month salary for every year of service
Basis for retirement pay
Salary rate, SIL, 1/12 th of 13th month pay
It is separate and distinct from those granted by the Social Security System
retirement pay
It is a benefit in the event of work-related sickness, injury, disability or death
Employees’ compensation program (ECP)
It administers the National Health Insurance Program for the members and their dependents (inpatient and outpatient care)
Philhealth
It is a benefit in the event of death, disability,
sickness, maternity and old age
Social Security Benefits
It refers to benefits where employer must provide first aid medicines and equipment, and train sufficient number of employees in first aid
Health, safety and social welfare benefits
This benefit includes registered nurse, physician and dentist
Health, safety and social welfare benefits
Benefits where it is the employer’s duty to assist injured or sick employee in times of emergency
Health, safety and social welfare benefits
Permanent benefits for disabled employees
monthly income + 10% for every child (not
exceeding 5); guaranteed for five years
Does disability and death have the same benefits?
yes
All rank and file (ordinary members) of hotels, restaurants and similar establishments are entitled to __% of total service charges
85%
All rank and file (ordinary members) of hotels, restaurants and similar establishments are entitled to __% of total service charges
85%
When does the distribution of service charge happen
once every 2 weeks or twice a month with intervals not exceeding 16 days
What is covered by the 15% of the remaining fee retained by management?
- losses and breakage
- distribution to managerial employees
Every employee who has rendered at least 1 year of service is entitled to what
service incentive leave
how long should you be in service to get service incentive leave
1 year
how many days of service incentive leave do you get
5 days with pay
sick and vacation leave
service incentive leave
applies to all female employees whether married or not
maternity leave
how many days of maternity leave for normal delivery or miscarriage
60 days
how many days of maternity leave for caesarian section
78 days