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epf and socso rate


There are three mandatory statutory contributions. Social Security and Employee Provident Fund EPF in Malaysia.


Automatic Calculate Epf Socso Eis And Pcb

Similar to EPF SOCSO contribution will be deducted from both employees and employers funds and will be paid every 15th of each month.

. The Social Security Organisation SOCSO is an organisation set up to administer enforce and implement the Employees Social Security Act 1969 and the Employee Social Security Regulation 1971. A late payment interest rate of 6 per year is imposed for each day such contribution is not paid on time. There are a few channels SOCSO have disclosed on where employers may auto deduct from.


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