The SOCSO covers:
✔️Malaysian citizens / permanent residents
✔️Foreign workers(covered under Employment Injury Scheme only)
✔️ NO age limit for employees to contribute
✔️When the employee is aged 60 and above, the employer will only pay contributions under the Second Category.
The SOCSO does NOT cover:
❌Federal and State Government permanent employees
❌Spouses of a sole proprietor or a partnership owner
Q2: What is the employer’s and employee’s contribution rate for SOCSO?
**First Category– Employment Injury Scheme and Invalidity Scheme
**Second Category– Employment Injury Scheme only
Q3: Capped amount of SOCSO
Starting from September 2022 onwards, the contribution rates are capped at an assumed monthly salary of RM 5000.00
Q4: Where can I find the SOCSO contribution table?
Please refer to https://www.perkeso.gov.my/en/rate-of-contribution.html, under the section “Rate of contribution for Employees’ Social Security Act 1969 (Act 4)”.
Q5: Why is my SOCSO contribution not exactly 0.5% of my salary?
Please DON’T simply calculate the SOCSO contribution based on exact 0.5% (0.5% * Monthly Salary). You should always follow the amounts stated on the SOCSO contribution table.
This also applies to the employer contribution amount.