What are the rates of Socso contributions

What are the rates of Socso’s contributions

The rates of contribution are as follows:

· for the Employment Injury Scheme, about 1.25% of the employee’s wages are payable solely by the employer;

· for the Invalidity Pension Scheme, about 1% of the employee’s wages to be shared equally by the employer and employee.

Employees who earn more than RM2,000 and who have never registered nor contributed may choose to register and contribute, provided that both employer and employee are agreeable.

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