SOCSO, or the Social Security Organization in Malaysia, offers various schemes to provide social security protection to Malaysian employees. Two primary schemes provided by SOCSO are:
- Employment Injury Scheme (EIS):
- The Employment Injury Scheme provides protection to employees against accidents or injuries sustained during the course of employment. It covers work-related accidents, occupational diseases, and disabilities resulting from work-related incidents.
- Benefits under the EIS include medical treatment, temporary and permanent disability benefits, constant attendance allowance, and rehabilitation services.
- This scheme ensures financial aid and support to workers who encounter injury or disability during their employment.
- Invalidity Pension Scheme (IPS):
- The Invalidity Pension Scheme offers protection to employees who suffer from invalidity or disability due to non-employment-related causes. It covers individuals who become permanently incapacitated or disabled due to factors unrelated to their work.
- Benefits under the IPS include a monthly pension to individuals who are assessed as permanently disabled and unable to work due to non-employment-related causes.
- This scheme provides financial assistance to individuals who become permanently incapacitated outside of their work environment.
These schemes are part of SOCSO’s efforts to provide social security coverage and financial protection to Malaysian workers in various situations, whether they encounter injuries or disabilities as a result of their employment or due to non-employment-related factors.