Employment Insurance Scheme (EIS) Part 1 of 2

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Background

The Employment Insurance System Act 2017 (Act 800)(hereinafter referred to as the “Act”) and the Employment Insurance System (Registration and Contribution) Regulations 2017 (hereinafter referred to as the ‘Regulations’) including its application, contribution rates and registration rules as well as payment of contribution.

The EIS is intended to assist those employees who have lost their employment.

Other than financial assistance, the other components of the EIS include amongst other training programs and assistance to seek employment that are designed to assist the Insured Person (“IP”) who have lost their employment to return to work as soon as possible.

The meaning of Loss of Employment is stipulated under section 30(1) & (2) of the Act.

 

Coming into Operation of the Act

The Minister of Human Resources Malaysia in the Exercise of the powers conferred by subsection 1 (2) of the Act, has by Gazette Notification P.U (B) 606 dated 29 December 2017 appointed 1st January 2018 as the date on which the Act comes into operation.

 

Application

The rates of contribution for the EIS as stipulated under section 18 Second Schedule of the Act.

 

Rates of Contribution

The Minister of Human Resources Malaysia in the Exercise of the powers conferred by subsection 1 (2) of the Act, has by Gazette Notification P.U (B) 606 dated 29 December 2017 appointed 1st January 2018 as the date on which the Act comes into operation.

 

Procedure for Registration

a) Every employer to which the Act applies shall register with the EIS as an employer (section 14 of the Act) and for his employees (section 16 (1) od Act) before February 2018 as the counter SOCSO Office using Borang SIP1 and Borang SIP2 respectively.

b) An employer that has registered his industry under the SOCSO Act 1969 before 1st January 2018 shall be deemed to have registered its industry under EIS Act (section 15 of the Act) and an employee who has been registered under the SOCSO Act 1969

before 1st January 2018 shall be deemed to have registered under the EIS Act (section 17(1) of the Act). However, the employer has to confirm its registration at the counter of SOCSO office by using Borang SIP1 and Borang SIP2 respectively.

c) BORANG SIP1, BORANG SIP2, BORANG SIP1A and BORANG SIP2A forms may be downloaded from the PERKESO website at www.perkeso.gov.my/sip

d) Registration after February 2018 are to be done online in the same manner that is administered under the SOCSO Act1969. Employers are reminded that they have to obtain their ID at the PERKESO ASSIST PORTAL before they are permitted to use PERKESO ASSIST PORTAL.

e) The above stated registration of ID may be done at any SOCSO office or by sending the application form by e-mail to the portal address idportal@perkeso.gov.my or by post the relevant SOCSO office. The relevant application form can be downloaded from the SOCSO website at www.perkeso.gov.my

 
Please visit PERKESO website for further details:
 

Link  →
 

 
Darren Yap