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RA 889 Section 2

Section 2

SEC. 2. Section fifty-five of Act Numbered Three thousand four hundred and twenty-eight as added by section twenty-four of Republic Act Numbered Seven hundred and seventy-two, is hereby amended to read as follows: "SEC. 55. Expenses of administration.—There is hereby created a special fund to be known as the Workmen's Compensation Fund, which shall be under the custody and control of the Workmen's Compensation Commissioner, and shall be used exclusively for the payment of the expenses of the administration of this Act. All monies collected under sections thirty-one, forty-four, forty-seven (b), fifty-four, and fifty-six of this Act shall be paid into said fund: Provided, however, That the expenses of the Workmen's Compensation Commission shall be included in the annual budget of the Department of Labor: And provided, further, That the surplus amounts of the Workmen's Compensation Fund shall accrue to the fund for the rehabilitation of crippled men in industry. "For every final decision or letter computation awarding compensation, the uninsured employer or insurance carrier against whom the decision or letter computation is made shall pay into the Fund the sum of one peso and an additional charge of one peso for every one hundred pesos of the entire amount of compensation to be paid: Provided, That the total amount to be paid under this paragraph shall not be less than five pesos. "For every adjourned hearing, and for every decision of a referee affirmed by the Commissioner on review, the uninsured employer or insurance carrier making the request for adjournment or seeking such review shall pay into the Fund the sum of five pesos. "If the monies in the Fund are not sufficient to cover the expenses of administration in any fiscal year, the Commissioner shall determine as soon as possible the amount of the deficiency. The Commissioner shall then assess upon and collect from each insurance carrier and each uninsured employer the proportion of such deficiency that the total premium collected by an insurance carrier for the year. immediately preceding or the total insurance premium an uninsured employer would have paid for the same period bears to the total insurance premiums collected by all insurance carriers plus the total premiums that would have been paid by the uninsured employers for the year immediately preceding. The amounts so collected shall be used to reimburse the National Treasury for the appropriations therefor made by the Government for the payment of the expenses for administering this Act. "There is hereby created a committee composed of the Workmen's Compensation Commissioner as chairman, two representatives of insurance carriers, and two representatives of uninsured employers, who shall be appointed by the Secretary of Labor which shall have the duty of advising the Workmen's Compensation Commissioner in carrying put the purposes of this section. "The members, unless government officials, shall be entitled to ten pesos per diem every time the committee meets."

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Other provisions in RA 889

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 889 Section 2 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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