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AI Executive Summary
Employer guidelines for PERKESO Employment Injury Scheme, Invalidity Scheme, and Employment Insurance System (EIS) job search allowances.
Social Security Organisation (PERKESO) Schemes
Under the Employees' Social Security Act 1969 and Employment Insurance System Act 2017, all employees under a contract of service must be registered with SOCSO regardless of wage amount.
The Two Main Schemes
- Employment Injury Scheme: Covers accidents arising out of and in the course of employment, including commuting accidents traveling to or from the workplace.
- Invalidity Scheme: Provides 24-hour protection against invalidity or death due to any cause, providing pensions to dependents.
- Employment Insurance System (EIS): Employer and employee each contribute 0.2% of wages (total 0.4%, capped at RM5,000 monthly wage ceiling) providing retrenched employees with job-search allowances and training allowances for up to 6 months.
Filing Claims and Portal Submission
All contributions must be paid through the PERKESO Assist Portal by the 15th of each month.