When wages exceed RM140 but not exceed RM200 When wages exceed RM100 but not exceed RM140 When wages exceed RM70 but not exceed RM100 When wages exceed RM50 but not exceed RM70 When wages exceed RM30 but not exceed RM50 You may refer to the contribution table below for more information: The maximum eligible monthly salary is capped at RM 4,000. The contribution rate for EIS is ~0.2% of the employee's salary (employer share) and ~0.2% of the employee's salary (employee share). Employees aged between 57 and 60 who have never contributed to EIS are exempted from this protection plan. All Malaysian and permanent resident employees aged from 18 to 60 years old have to contribute. Civil servants, domestic servants and those who are self-employed are exempted. It also aims to provide extended welfare coverage and aid in job search via career counselling and job-hunting assistance.Īll private sector employers need to pay monthly contributions for each employee. The contributions are being collected in a fund in order to provide financial assistance to retrenched employees. It is a financial scheme aimed at helping employees who lost their jobs until they find new employment. The Employment Insurance System (EIS) was first implemented in January 2018 by PERKESO. Help Center Home Malaysian Payroll PERKESO (SOCSO/EIS) What is the Employment Insurance System (EIS)? What is the Employment Insurance System (EIS)?
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