Levels of Compensation Under the ECO Slightly Increased

Originally published 5 July 2010

Keywords: Employees' Compensation Ordinance, insurance, employment,

Summary

All EC insurers and employers are advised to take note that the Legislative Council passed a resolution on 30 June 2010 to increase the amounts of five compensation items payable under the Employees' Compensation Ordinance Cap. 282 (ECO) by around 2.34%.

The Amendments

These include:

• Increasing the ceiling of monthly earnings from HK$21,000 to HK$21,500. This figure is the basis for calculating the maximum amounts of compensation for permanent total incapacity (Section 9) and for death under the ECO.
• Increasing the minimum levels of compensation for death from HK$303,000 to HK$310,000.