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:
- Their latest annual audited financial and performance report within thirty (30) days from receipt of such report;
- Audited financial statements in the immediate past five (5) years;
- Quarterly, annual reports and trial balance;
- Current corporate operating budget;
- Complete compensation package of all the board members and officers, including travel, representation, transportation and any other form of expenses or allowances;
- Local and foreign borrowings;
- Performance scorecards and strategy maps;
- Government subsidies and net lending;
- All borrowings guaranteed by the government; and
- 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
- ECC Charter
- 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
OIC – Undersecretary
Department of Labor and Employment
Chairman-Designate
President and Chief Executive Officer
Social Security System
Executive Vice President – Core Business Sector
Social Security System
President and General Manager
Government Service Insurance System
Executive Vice President, Operations Group
Government Service Insurance System
Secretary
Department of Health
President and Chief Executive Officer
Philippine Health Insurance Corporation
Acting SVP for Management Service Sector
Philippine Health Insurance Corporation
Employees’ Sector
Employer’s Sector
Deputy Executive Director
Employees’ Compensation Commission
Executive Director
Occupational Safety and Health Center
Deputy Executive Director
Occupational Safety and Health Center
- Compensation Package
- Attendance Record
2014 / 2015 / 2016 / 2017 / 2018 / 2019 - 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 - 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
- Charter Statement / Mission-Vision Statements
- Performance Scorecards
- 2013 / 2014 / 2015 / 2016 / 2017 / 2018 / 2019 / 2020
- 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 - Validation Results
2019
- Strategy Map
- 2015 / 2016 / 2017 / 2018 – 2019 / 2020
- Organizational Chart
- Manual of Corporate Governance
- Corporate Social Responsibility
- Balance Scorecard
- System of Ranking
- Communication and Information
V. Other Information / Report(s)
- Corporate Governance Scorecard for GOCCs Questionnaire
- Government Quality Management System Standards (GQMSS)
- ECC No Gift Policy
- Revised No Gift Policy (.pdf)
- Integrity Development (Statement of Assets Liabilities and Networth)
- COA Reports
- Management Comments/ Action Taken on CY 2016 COA Annual Audit Report
- Management Comments/ Action Taken on CY 2015 COA Annual Audit Report
- Management Comments/ Action Taken on CY 2014 COA Annual Audit Report
- Management Comments/ Action Taken on CY 2013 COA Annual Audit Report
- Management Comments/ Action Taken on CY 2012 COA Annual Audit Report
- Financial Reports/Statements
- 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 - 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 - 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
- Cash Flow Statement
- 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 - 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