Employment Insurance System Malaysia

It is a financial scheme aimed at helping employees who lost their jobs until they find new employment.

Employment insurance system malaysia. A complete guide to employment insurance system eis benefits in malaysia. In this article we ll be using eis to denote all the terms above. We lay out everything about the employee insurance scheme right here. Proposed by prime minister datuk seri najib razak the employment insurance scheme eis is expected to be tabled in parliament in the july august 2017 sitting.

If you are an eis contributor who recently lost your job you may be eligible to receive benefits. 03 4256 7798 sms. First introduced in 2018 the employment insurance system eis is a scheme that offers you unemployment benefits and job search assistance should you lose your job for reasons like retrenchment redundancy and so on. The malay name for it is sistem insurans pekerjaan or sip.

The contributions are being collected in a fund in order to provide financial assistance to retrenched employees. It provides financial support for those who are between jobs allowing them some peace of mind while looking for their next source of employment. As the name suggests the eis is primarily aimed to help laid off employees who are looking for another job and who contribute to socso. Please continue reading to see how we can assist you.

Managed by the social security organisation socso eis the eis eis perkeso is the abbreviation for the employment insurance scheme. It also aims to provide extended welfare coverage and aid in job search via career counselling and job hunting assistance. Hence to protect employees who face risk of retrenchment the malaysian government launched an employment insurance scheme on 27 october this year. Malaysia on the other hand is catching up to provide retrenchment benefits to unemployed malaysians.

The insurance scheme which will be administered by the social security organisation socso seeks to provide temporary financial assistance for up to six months to workers who are retrenched. Menara perkeso 281 jalan ampang 50538 kuala lumpur. The employment insurance system eis was first implemented in january 2018 by perkeso. Eis aims to provide employment insurance public employment services and labor market information lmi to the malaysian workforce.

If you re one of them read this guide to learn more about the employment insurance system eis or sistem insurans pekerjaan sip and how much you can claim for your unemployment benefits. Welcome to the employment insurance system eis homepage. Introduced in 2018 the employment insurance system eis is designed as a safety net for workers who have lost their jobs due to retrenchment or other similar circumstances. I c your complaint send to 15888.