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GCG Memorandum Circular 2012-07

The Section 43 of the Memorandum Circular 2012-07 (Code of Corporate Governance for GOCCs), issued by the Governance Commission for GOCCs, reiterates compliance with Section 25 of the Republic Act 10149 (AN ACT TO PROMOTE FINANCIAL VIABILITY AND FISCAL DISCIPLINE IN GOVERNMENT-OWNED OR -CONTROLLED CORPORATIONS AND TO STRENGTHEN THE ROLE OF THE STATE IN ITS GOVERNANCE AND MANAGEMENT TO MAKE THEM MORE RESPONSIVE TO THE NEEDS OF PUBLIC INTEREST AND FOR OTHER PURPOSES) to wit:

SEC. 25. Full Disclosure.—All GOCCs shall maintain a website and post therein for unrestricted public access:

  1. Their latest annual audited financial and performance report within thirty (30) days from receipt of such report;
  2. Audited financial statements in the immediate past five (5) years;
  3. Quarterly, annual reports and trial balance;
  4. Current corporate operating budget;
  5. Complete compensation package of all the board members and officers, including travel, representation, transportation and any other form of expenses or allowances;
  6. Local and foreign borrowings;
  7. Performance scorecards and strategy maps;
  8. Government subsidies and net lending;
  9. All borrowings guaranteed by the government; and
  10. Such other information or report the GCG may require.

ECC Compliance with Sec. 43 of GCG Memorandum Circular No. 2012-07 (Code of Corporate Governance for GOCCs)

I. Institutional Matters

  1. ECC Charter
  2. Government Corporate Information Sheet
    2019 : ECC / OSHC
    2018 : ECC / OSHC
    2017 / 2016 /2015 / 2014 / 2013

II. Board and Officers

Board of Directors
Chairperson:
HON. SILVESTRE H. BELLO III
Secretary
Department of Labor and Employment
Ex-officio Chairperson, ECC

ALTERNATE: HON. BENJO SANTOS M. BENAVIDEZ
OIC – Undersecretary
Department of Labor and Employment
Chairman-Designate
Members:
HON. AURORA CRUZ – IGNACIO
President and Chief Executive Officer
Social Security System
DESIGNATE: HON. RIZALDY T. CAPULONG
Executive Vice President – Core Business Sector
Social Security System
HON. ROLANDO L. MACASAET
President and General Manager
Government Service Insurance System
DESIGNATE: HON. NORA M. MALUBAY
Executive Vice President, Operations Group
Government Service Insurance System
HON. FRANCISCO T. DUQUE III
Secretary
Department of Health
DESIGNATE: ATTY. DANTE A. GIERRAN, CPA
President and Chief Executive Officer
Philippine Health Insurance Corporation
ALTERNATE: ATTY. ELI DINO D. SANTOS
Acting SVP for Management Service Sector
Philippine Health Insurance Corporation
HON. CARLITO P. ROBLE
Employees’ Sector
VACANT
Employer’s Sector
HON. STELLA ZIPAGAN-BANAWIS
Executive Director
Employees’ Compensation Commission
HON. JONATHAN T. VILLASOTO
Deputy Executive Director
Employees’ Compensation Commission
HON. NOEL C. BINAG
Executive Director
Occupational Safety and Health Center
ENGR. NELIA G. GRANADILLOS
Deputy Executive Director
Occupational Safety and Health Center
  1. Compensation Package
  2. Attendance Record
    2014 / 2015 / 2016 / 2017 / 2018 / 2019
  3. Information on Board Committees and their Activities
    Board Resolution No. 16-01-02
    Board Resolution No. 16-02-10
    Board Resolution No. 16-05-20
  4. Board Secretary

III. Financial and Operational Matters

a. Latest annual Audited Financial and Performance Report within thirty (30) days from receipt of such report
Annual Audit Report

Year Date Published Date Received (from COA)
2019 July 20, 2020 June 30, 2020
2018 April 2, 2019 March 28, 2019
2017  July 23, 2018 June 27, 2018
2016 April 19, 2017 March 29, 2017
2015 April 21, 2016 March 31, 2016
2014 July 17, 2015 June 30, 2015
2013 April 7, 2015
(Website Migration)		 June 25, 2014
2012 July 12, 2013
2011 March 29, 2012 (released)
2010 June 2, 2011
2009 April 15, 2010 (released)
2008 April 20, 2009 (released)

b. Trial Balance
2020: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
2019: 1st Qtr  / 2nd Qtr / 3rd Qtr / 4th Qtr
2018: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
2017: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
2016: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
2015: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
CY 2014 / CY 2013

c. Corporate Operating Budget
2011 / 2012 / 2013 / 2014 / 2015 / 2016 / 2017 / 2018 / 2019

d. Local and Foreign Borrowings
2020: 1st Qtr / 2nd Qtr  / 3rd Qtr  / 4th Qtr
2019: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
2018: 1st Qtr / 2nd Qtr / 3rd Qtr
2017

e. Government subsidies and net lending (N/A)

f. All borrowings guaranteed by the Government (N/A)

g. Any material risk factors and measures taken to manage such risks

h. Performance Evaluation System (PES)
2015 / 2016 / 2017 / 2018 / 2019 /

IV. Governance Matters

  1. Charter Statement / Mission-Vision Statements
  2. Performance Scorecards
    1. 2013 / 2014 /  2015 / 2016 / 2017 / 2018 / 2019 / 2020
    2. Interim PES Form 4 Quarterly Monitoring Report
      2020 : 1st Quarter|| 2nd Quarter || 3rd Quarter || 4th Quarter
      2019 : 1st Quarter || 2nd Quarter || 3rd Quarter || 4th Quarter
      2018 : 1st Quarter || 2nd Quarter || 3rd Quarter || 4th Quarter
      2017
    3. Validation Results
      2019
  3. Strategy Map
    1. 2015 / 2016 / 2017 / 2018 – 2019 / 2020
  4. Organizational Chart
  5. Manual of Corporate Governance
  6. Corporate Social Responsibility
  7. Balance Scorecard
    1. 2015 / 2016 / 2017 / 2018 / 2019 / 2020
  8. System of Ranking
    1. 2016 / 2017 / 2018 / 2019 /
  9. Communication and Information

V. Other Information / Report(s)

  1. Corporate Governance Scorecard for GOCCs Questionnaire
  2. Government Quality Management System Standards (GQMSS)
  3. ECC No Gift Policy
  4. Revised No Gift Policy (.pdf)
  5. Integrity Development (Statement of Assets Liabilities and Networth)
  6. COA Reports
  7. Financial Reports/Statements
    1. Cash Flow Statement
      2020: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2019: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2018: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2017: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2016: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2015: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2014: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2013: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
    2. Statement of Financial Position
      2020: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th QTR
      2019: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2018: 1st Qtr / 2nd Qtr / 3rd Qtr /4th Qtr
      2017: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2016: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2015: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2014: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2013: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
    3. Statement of Income and Expenses
      2020: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2019: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2018: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2017: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2016: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2015: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2014: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
      2013: 1st Qtr / 2nd Qtr / 3rd Qtr / 4th Qtr
  8. Schedule of Advances to Officers and Employees
    2020: 1st QTR / 2nd QTR / 3rd QTR / 4th QTR
    2019: 1st QTR / 2nd QTR / 3rd QTR / 4th QTR
    2018: 1st QTR / 2nd QTR / 3rd QTR / as of September / 4th QTR
    2017: 1st QTR / 2nd QTR / 3rd QTR / as of November / 4th QTR
    2016: 1st QTR / 2nd QTR / 3rd QTR / 4th QTR
    2015: 1st QTR / 2nd QTR / 3rd QTR / 4th QTR
    2014: 1st QTR / 2nd QTR / 3rd QTR / 4th QTR
    2013
  9. Annual Reports
    Year Date Posted (Website) Date Released
    (Annual Report)    		 Date Released (AFS)
    2019 August 17, 2020 August 17, 2020 July 20, 2020
    2018 June 27, 2019 June 27, 2019 March 28, 2019
    2017 September 20, 2018 September 20, 2018 June 27, 2018
    2016  June 30, 2018  May 30, 2017  June 6, 2017
    2015 July 14, 2016 June 29, 2016 March 31, 2016
    2014 2015 Aug. 10, 2015 Jun. 30, 2015