Paternity Leave

Basis

Unlike maternity leave, paternity leave is not found in the Labor Code. The basis of Paternity Leave benefits is found in Republic Act No. 8187, otherwise known as the “Paternity Leave Act of 1996″.
Paternity Leave Benefits

Paternity leave is a form of parental leave. The other form of parental leave is the Maternity Leave. (SeeMaternity Leave)

Paternity leave refers to the benefits granted to a married male employee in the private and public sectors allowing him to take a leave for 7 days, with full pay, for the first 4 deliveries of his legitimate spouse with whom he is cohabiting.
Checklist for Availment of Paternity Leave

To qualify for paternity leave, the following requisites must be present:
The employee is lawfully married;
He is cohabiting with his legitimate wife;
His wife is pregnant or has delivered a child or suffered a miscarriage or abortion;
Must be of the first four deliveries;
The employer is notified within reasonable time of the pregnancy and of date of expected delivery (not required in case of abortion or miscarriage);
The benefit is availed of not later than 60 days after delivery.
When Paternity Leave may be Availed of

The paternity benefit may be availed of before, during or after delivery, provided the total number of days does not exceed 7 working days. For example, the employee may take a leave of 2 days before delivery, 1 day during delivery, and another 4 days after delivery.

However, the benefit must be availed of not later than 60 days after date of delivery.
Limitation

The benefit may be availed of only for the first four deliveries.
Commutability to Cash

Paternity leave is not commutable to cash if not availed of.

Reference
Paternity Leave Act of 1996, Republic Act No. 8187.