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SOCSO or Social Security Organization also locally referred as PERKESO (Pertubuhan Keselamatan Sosial). It is a Malaysian government body that has started their curriculum in this country to provide active employees working in private companies with social securities. This program has been enlisted under the Employee Social Security Act 1969.
It is a mandatory program for all entitled employees working in private sectors. Once a Malaysian employee has starts the duty, he/she need to proceed for the SOCSO account registration in Malaysia. This registration completion must not exceed more than 30 days once the employee has started the duty.
Following are the core responsibilities of SOCSO in Malaysia:
There are several steps to register an account for the SOCSO contribution in Malaysia. This program can be undertaken by either employer, employees. The typical registration process for SOCSO account has been mentioned below:
It is the responsibility of an employer to keep and manage all records and credentials of each employees working in his/her employee. SOCSO also suggest this, as Form 2 during SOCSO registration demands all these credentials in a formal pattern. These records for employee must be maintained in either manual paper form for all employees or via electronic data record process. Each record of an employee must include following data:
According to the guideline for SOCSO registration in Malaysia, a record such as the above one must be maintained for all employees working in a company. This is a vital responsibility of an employer to maintain and manage these records and come up with these records for any employee, if that worker wishes to register for the SOCSO by their own. Along with the record credentials mentioned above, employers are also suggested to keep all records of payment of SOCSO contribution of the last 7 years after the joining of the employee in the company.
What are the registration processes of SOCSO in Malaysia?
To know in depth registration process of SOCSO contribution, visit the link and read about SOCSO- Social Security Organization.
Do I need to register for SOCSO?
If you are a private company employer or employee, SOCSO registration must be done within 30 days of employee appointment in the company. The registration can be done either via SOCSO counter or by My CoID method.
What is a SOCSO registration number?
SOCSO registration number in Malaysia is the ID Card Number issued by the National Registration Department of Malaysia.
Is SOCSO mandatory in Malaysia?
Yes for all employees working in private sector, who’s earning is lower than RM3000/month. The SOCSO contribution, however, is optional for employee whose salary goes above RM3000 per month in Malaysia.
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