Socso Rate Malaysia 2016

The company will pay 1 75 while the staff workers will contribute 0 5 of their wages for the employment injury insurance scheme and the invalidity pension scheme. I c your complaint send to 15888. Menara perkeso 281 jalan ampang 50538 kuala lumpur.

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Malaysia Socso Rate Of Contibutions 2017

Finance Malaysia Blogspot Understanding Socso And New Rate Of Contributions Effective June 2016

Memory Socso New Contribution Rate

Malaysia Socso Rate Of Contibutions 2017

03 4256 7798 sms.

Socso rate malaysia 2016. A total increase of rm17 50 per month. Details of the new minimum wages rates are set out below. A company is required to contribute socso for its staff workers according to the socso contribution table rates as determined by the act. However expatriate employees are excluded 1.

The ceiling of wage for contribution payment has been raised from rm3 000 00 per month to rm4 000 00 per month. I c your complaint send to 15888. Malaysia amendments to employees social security act 1969 effective 1 june 2016 the employees social security act 1969 has been amended as below. 03 4256 7798 sms.

Minimum wages in malaysia effective 1 july 2016. Effective 1 june 2016 the ceiling of wages for contributions to malaysia s social security organisation socso has been raised from myr 3 000 per month to myr 4 000 per month and all local employees must contribute regardless of the amount of their salaries. When wages exceed rm30 but not exceed rm50. Under the minimum wages order 2016 effective 1 july 2016 the minimum wage will be rm1 000 a month peninsular malaysia and rm920 a month east malaysia and labuan.

However you re not being affected if earning below rm3 000. Wages up to rm30. Whereas employer s maximum monthly contribution changes from rm51 65 to rm69 15. Do note that socso board has yet to update the contribution rate table and this is expected to be done by 1st week of march.

This is because under the revised contribution table the maximum rate of contribution was raised from rm3 000 to above rm4 000 monthly salary which is from a maximum rate of rm14 75 to rm19 75 for an employee. Menara perkeso 281 jalan ampang 50538 kuala lumpur. Effective 1 june 2016 the ceiling of wages for contributions to malaysia s social security organisation socso has been raised from myr 3 000 per month to myr 4 000 per month and all local employees must contribute regardless of the amount of their salaries. However expatriate employees are excluded.