What is Socso Employment Insurance Scheme (EIS) ?

What is Socso Employment Insurance Scheme (EIS) ?

What is Socso Employment Insurance Scheme (EIS) ?

Can SOSCO help if I am jobless?

You can claim SOSCO Employment Insurance System.

The 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.

To 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)

The 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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