What is Socso Employment Insurance Scheme (EIS) ?

01Can SOSCO help if I am jobless?

You can claim SOSCO Employment Insurance System.

02The Employment Insurance System Act covers all workers who are

1. Malaysian citizens / permanent residents
2. Aged 18-60*
3. Working in the private sector**
4. Employed based on a contract of service

* Important exception: Workers aged 57 and above who have never paid contributions before that age are NOT covered by the EIS Act and are NOT required to contribute

** The EIS Act does NOT cover domestic workers, the self-employed, civil servants, and workers in local authorities and statutory bodies.

03To successfully apply for benefits, employees covered by the EIS Act should fulfill the following conditions:

• Apply within 60 days after their Loss of Employment (LOE).
• Meet our Contributions Qualifying Conditions (CQC) (i.e. must have paid contributions to SOCSO EIS for a minimum number of months within a specified period)
• Be unemployed under our definition of Loss of Employment (LOE)

04The definition of Loss of Employment (LOE) includes:

• Normal retrenchment and redundancy
• VSS/MSS (Voluntary/Mutual Separation Scheme)
• Closure of the company due to natural disasters
• Bankruptcy or closure of the company
• Constructive dismissal
• Resignation due to sexual harassment or threats made in the workplace
• Resignation after being ordered to perform dangerous duties that are not within the job scope

The following CANNOT be accepted as Loss of Employment (LOE):

• Dismissal due to misconduct by the employee
• Voluntary resignation
• Retirement
• The expiry of a fixed-term contract (includes unconditional termination of a contract based on an employer-employee agreement or the completion of the project stated in the contract)

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An approved audit firm and licensed tax firm operating under the KTP group based in Johor Bahru providing audit, tax planning, advisory and compliance services to clients

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