What is SOCSO?

SOCSO (Social Security Organization), also known as PERKESO (Pertubuhan Keselamatan Sosial) was established in 1971 under the Ministry of Human Resources to provide social security protections to all employees/workers in Malaysia.

These are the benefits of SOCSO Contributions payment:

  • Payment of benefits to workers and/or their dependents when tragedy strikes

  • Provision of physical and vocational rehabilitation benefits

  • Promotion of awareness of occupational safety and health

Related:

SOCSO Contribution Rate

Employers are required to contribute to SOCSO for their employees according to the SOCSO Contribution Table & Rates as determined by the Employees' Social Security Act 1969 (Act 4). Employers will pay 1.75% while the employees will contribute 0.5% of their wages for the Employment Injury Insurance Scheme and the Invalidity Pension Scheme.

SOCSO Contribution Rate and Table:

[Note]:

Both the rates of contribution are based on the total monthly wages paid to the employee and contributions should be made from the first month the employee is employed.

Source:

https://www.perkeso.gov.my/en/rate-of-contribution.html

SOCSO Payments

SOCSO contributions can be paid through 3 methods as follow:

1. Collection agents

Employers using the monthly contribution schedule (Form 8A) can make payment at the following authorized collection agents:

  • Maybank Berhad

  • RHB Bank Berhad

  • Public Bank Berhad

  • Pos Malaysia (for Sabah & Sarawak only).

2. SOCSO Offices

Payments can be made through the methods below:

  • Cheque

  • Money Order

  • Postal Order

  • Bank Draft

All payments should be made using a cheque for every Form8A.

3. Internet Banking

Employers need to be registered and have an account with any banks listed below:

  • Maybank Berhad

  • CIMB Bank Berhad

  • RHB Bank Berhad

  • Public Bank Berhad

  • Citibank

  • Ambank

  • Alliance Bank

  • Hong Leong Bank/Hong Leong Islamic Bank

  • HSBC

  • Affin Islamic Bank

  • Bank Islam Malaysia Berhad

Contact your respective bank for more details. If you have made submission of your contribution via online banking, submitting Form8A to any counter will not be needed.

For more information, kindly refer to this page.

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