Malaysia Statutory Update – SOCSO & EIS Ceiling Increased Effective 1st September 2022

Dear All,

With refer to the media statement by PERKESO (Social Security Organization) dated 31st August 2022, the new ceiling will be implemented for SOCSO and EIS contribution, effective 1st September 2022.

Effective September 2022, the contribution amount to be applied on employee with a monthly wages exceeded MYR4,000 is based on Third Schedule, Act 4 and Second Schedule, Act 800.

As the ceiling increased to MYR5,000, the contribution for wages that exceeded MYR4,000 are as below:-

SOCSO

EIS

Please find the information from here.

Yours Sincerely,

i-Admin

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