Daily Express, Photo Credit to Daily Express
clock 03-02-2018
hit 828

Employers Must Pay EIS Before 15th Each Month

The Social Security Organisation (Socso) reminds employers to pay contributions for the Employment Insurance Scheme (EIS) introduced for the first time and effective from this Feb 1 to 15.


Socso's Public Relations Unit said the payment within this period would be for January this year.

"The contribution should be made before or by the 15th of each month to avoid a fine for late payment imposed on employers.

"All workers aged 18 to 60 years are entitled for the monthly contribution at 0.2 percent of their salary from employers and also 0.2 percent from the workers themselves.

"Only those aged 57 and have never contributed to Socso are exempted from this protection plan," it said in a statement.

The EIS is implemented as a social security net for workers who have lost their job to obtain financial assistance and to seek a new job.

For more information on the EIS, visit www.perkeso.gov.my/sip or call the customer service line at 1300 22 8000.




WHAT DO YOU FEEL ABOUT THIS?

0
LOVE
0
HAPPY
0
SURPRISED
0
SAD
0
ANGRY


COMMENTS
Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment.

SIGN UP NEWSLETTER

logo
Monthly Column
The staple of your property-related materials. It's all about being ahead of the game and with The Column, you get carefully selected information that will keep you informed and running with the pack. The best news, articles and properties on the market from the Property Hunter portal, conveniently wrapped and ready, just for you.

logo
Weekly Window
Your weekly dose of what's hot and what's not in property. The window is your view into the realm of real estate in Malaysia, curated from our portal based on the most popular pieces over the week. For those who just can't get enough, this is for you. Ain't nobody got time for dailies anymore, weekly is the new daily.