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Socso implements full fledged EIS benefits starting Jan 2019

The Social Security Organization (Socso) will implement the EIS(Employment Insurance System) with full benefits to replace the Employment Insurance Interim System from 1st of January 2019.

A fixed rate of RM600 a month has been paid for a maximum of 3 months to workers who are retrenched as assistance during the interim period while seeking new job employment.

From 28th December 2018 until 1st of January 2019, there’s already 23,185 applications for the interim assistance fro workers who lost their jobs, of which a total of RM16.88 million interim benefits have been provided by SOCSO for workers who have lost their jobs and eligible to receive the interim relief.

Source : New Straits Times