Socso Rate Of Contribution
The amount paid is calculated at 0 5 of the employee s monthly earnings according to 24 wage classes as in the contribution table rates below along with the 1 75 contribution of the monthly payroll from the employer.
Socso rate of contribution. Menara perkeso 281 jalan ampang 50538 kuala lumpur. Employers in the private sector experiencing a fall in income of more than 50 since jan 1 2020 will be able to claim rm600 per worker limited to 100 workers earning below rm4 000 and contributing to eis for three months. This measure is to avoid employers from retrenching employees during covid 19 economic downturn. 03 4256 7798 sms.
Both the rates of contribution are based on the total monthly wages paid to the employee and contributions should be made from the first month the employee is employed. I c your complaint send to 15888. 03 4256 7798 sms. Workers above the age of 60.
Menara perkeso 281 jalan ampang 50538 kuala lumpur. A company is required to contribute socso for its staff workers according to the socso contribution table rates as determined by the act. 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.