epf contribution table

What is the difference between SOCSO and EPF?

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SOCSO (Social Security Organization) and EPF (Employees Provident Fund) are both statutory bodies in Malaysia aimed at providing financial security and benefits to employees, but they serve different purposes and offer different types of protection: SOCSO (Social Security Organization): Purpose: SOCSO primarily provides social security protection against work-related injuries, disabilities, illnesses, or death suffered by … Read more

How much does SOCSO take?

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SOCSO, which stands for Social Security Organization (SOCSO) in Malaysia, operates to provide social security protections for employees in case of work-related injuries, disabilities, illnesses, or death. The contribution rates and calculations for SOCSO can vary based on several factors: Contribution Rates: Employer Contribution: Employers are required to contribute to SOCSO for their employees. The … Read more