Wednesday, January 24, 2018

Special Leave Benefit for Women

The special leave benefits for women are enacted through Republic Act No. 9710, also known as ‘The Magna Carta of Women’ stipulating that a female employee who has rendered continuous aggregate employment service of at least 6 months for the last 12 months prior to surgery is entitled to 2 months of special leave with full pay following surgery caused by gynecological disorders.
“Gynecological disorders” refers to disorders that would require surgical procedures such as, but not limited to dilatation and curettage and those involving female reproductive organs such as the vagina, cervix, uterus, fallopian tubes, ovaries, breast, adnexa and pelvic floor, as certified by a competent physician. It shall also include hysterectomy, ovariectomy and mastectomy.

The special leave shall be non-cumulative and non-convertible to cash.

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MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...