what is Socso EIS?

what is Socso EIS?
View Full Size

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)

Visit Us

  • Wisma KTP, 53 Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

  • Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru

KTP (Audit, Tax, Advisory)

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

THK (Secretarial, Account, Payroll, Advisory)

A licensed secretarial firm in Johor Bahru providing fast reliable incorporation, secretarial services, corporate compliance services, outsource booking, accounting and payroll services to clients

KTP Lifestyle

An internal community for our colleagues on work and leisure.

KTP Career

An external job community on vacancy in Johor Bahru for interns, graduates & experienced candidates.

#Ktp #Thks

 

 


 

THK Management Advisory Sdn Bhd

Wisma THK, No. 41, 41-01, 41-02, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru, Johor, Malaysia.
+6012-771 7903
+607-361 3443
 
Switch to Mobile Version
Subscribe Newsletter