The Employment Insurance System, EIS, was first implemented in January 2018 by PERKESO. It is a financial scheme aimed at helping employees who lost their jobs until they find new employment. The contributions are being collected in a fund in order to provide financial assistance to retrenched employees. It also aims to provide extended welfare coverage and aid in job search via career counselling and job-hunting assistance.
1. Employer and Employee Contributions
All private sector employers need to pay monthly contributions for each employee. Civil servants, domestic servants and those who are self-employed are exempted. All Malaysian and permanent resident employees ages from 18 to 59 years old have to contribute. Employees aged from 57 to 59 who have never contributed to EIS are exempted from this protection plan.
2. Contribution Rates
The contribution rate for EIS is ~0.2% of the employee’s salary (employer share) and ~0.2% of the employee’s salary (employee share). The maximum eligible monthly salary is capped at RM5,000 from 1 September 2022. You may refer to the contribution table below for more information:
|
Amount of Wages |
Employer Contribution |
Employee Contribution |
Total Contribution |
|
|
1 |
Wages up to RM30 |
5 sen |
5 sen |
10 sen |
|
2 |
When wages exceed RM30 but not exceed RM50 |
10 sen |
10 sen |
20 sen |
|
3 |
When wages exceed RM50 but not exceed RM70 |
15 sen |
15 sen |
30 sen |
|
4 |
When wages exceed RM70 but not exceed RM100 |
20 sen |
20 sen |
40 sen |
|
5 |
When wages exceed RM100 but not exceed RM140 |
25 sen |
25 sen |
50 sen |
|
6 |
When wages exceed RM140 but not exceed RM200 |
35 sen |
35 sen |
70 sen |
|
7 |
When wages exceed RM200 but not exceed RM300 |
50 sen |
50 sen |
RM1.00 |
|
8 |
When wages exceed RM300 but not exceed RM400 |
70 sen |
70 sen |
RM1.40 |
|
9 |
When wages exceed RM400 but not exceed RM500 |
90 sen |
90 sen |
RM1.80 |
|
10 |
When wages exceed RM500 but not exceed RM600 |
RM1.10 |
RM1.10 |
RM2.20 |
|
11 |
When wages exceed RM600 but not exceed RM700 |
RM1.30 |
RM1.30 |
RM2.60 |
|
12 |
When wages exceed RM700 but not exceed RM800 |
RM1.50 |
RM1.50 |
RM3.00 |
|
13 |
When wages exceed RM800 but not exceed RM900 |
RM1.70 |
RM1.70 |
RM3.40 |
|
14 |
When wages exceed RM900 but not exceed RM1,000 |
RM1.90 |
RM1.90 |
RM3.80 |
|
15 |
When wages exceed RM1,000 but not exceed RM1,100 |
RM2.10 |
RM2.10 |
RM4.20 |
|
16 |
When wages exceed RM1,100 but not exceed RM1,200 |
RM2.30 |
RM2.30 |
RM4.60 |
|
17 |
When wages exceed RM1,200 but not exceed RM1,300 |
RM2.50 |
RM2.50 |
RM5.00 |
|
18 |
When wages exceed RM1,300 but not exceed RM1,400 |
RM2.70 |
RM2.70 |
RM5.40 |
|
19 |
When wages exceed RM1,400 but not exceed RM1,400 |
RM2.90 |
RM2.90 |
RM5.80 |
|
20 |
When wages exceed RM1,500 but not exceed RM1,600 |
RM3.10 |
RM3.10 |
RM6.20 |
|
21 |
When wages exceed RM1,600 but not exceed RM1,1700 |
RM3.30 |
RM3.30 |
RM6.60 |
|
22 |
When wages exceed RM1,700 but not exceed RM1,800 |
RM3.50 |
RM3.50 |
RM7.00 |
|
23 |
When wages exceed RM1,800 but not exceed RM1,900 |
RM3.70 |
RM3.70 |
RM7.40 |
|
24 |
When wages exceed RM1,900 but not exceed RM2,000 |
RM3.90 |
RM3.90 |
RM7.80 |
|
25 |
When wages exceed RM2,000 but not exceed RM2,100 |
RM4.10 |
RM4.10 |
RM8.20 |
|
26 |
When wages exceed RM2,100 but not exceed RM2,200 |
RM4.30 |
RM4.30 |
RM8.60 |
|
27 |
When wages exceed RM2,200 but not exceed RM2,300 |
RM4.50 |
RM4.50 |
RM9.00 |
|
28 |
When wages exceed RM2,300 but not exceed RM2,400 |
RM4.70 |
RM4.70 |
RM9.40 |
|
29 |
When wages exceed RM2,400 but not exceed RM2,500 |
RM4.90 |
RM4.90 |
RM9.80 |
|
30 |
When wages exceed RM2,500 but not exceed RM2,600 |
RM5.10 |
RM5.10 |
RM10.20 |
|
31 |
When wages exceed RM2,600 but not exceed RM2,700 |
RM5.30 |
RM5.30 |
RM10.60 |
|
32 |
When wages exceed RM2,700 but not exceed RM2,800 |
RM5.50 |
RM5.50 |
RM11.00 |
|
33 |
When wages exceed RM2,800 but not exceed RM2,900 |
RM5.70 |
RM5.70 |
RM11.40 |
|
34 |
When wages exceed RM2,900 but not exceed RM3,000 |
RM5.90 |
RM5.90 |
RM11.80 |
|
35 |
When wages exceed RM3,000 but not exceed RM3,100 |
RM6.10 |
RM6.10 |
RM12.20 |
|
36 |
When wages exceed RM3,100 but not exceed RM3,200 |
RM6.30 |
RM6.30 |
RM12.60 |
|
37 |
When wages exceed RM3,200 but not exceed RM3,200 |
RM6.50 |
RM6.50 |
RM13.00 |
|
38 |
When wages exceed RM3,300 but not exceed RM3,400 |
RM6.70 |
RM6.70 |
RM13.40 |
|
39 |
When wages exceed RM3,400 but not exceed RM3,400 |
RM6.90 |
RM6.90 |
RM13.80 |
|
40 |
When wages exceed RM3,500 but not exceed RM3,600 |
RM7.10 |
RM7.10 |
RM14.20 |
|
41 |
When wages exceed RM3,600 but not exceed RM3,700 |
RM7.30 |
RM7.30 |
RM14.60 |
|
42 |
When wages exceed RM3,700 but not exceed RM3,800 |
RM7.50 |
RM7.50 |
RM15.00 |
|
43 |
When wages exceed RM3,800 but not exceed RM3,900 |
RM7.70 |
RM7.70 |
RM15.40 |
|
44 |
When wages exceed RM3,900 but not exceed RM4,000 |
RM7.90 |
RM7.90 |
RM15.80 |
|
45 |
When wages exceed RM4,000 but not exceed RM4,100 |
RM8.10 |
RM8.10 |
RM16.80 |
| 46 | When wages exceed RM4,100 but not exceed RM4,200 | RM8.30 | RM8.30 | RM16.60 |
| 47 | When wages exceed RM4,200 but not exceed RM4,300 | RM8.50 | RM8.50 | RM17.00 |
| 48 |
When wages exceed RM4,300 but not exceed RM4,400
|
RM8.70 | RM8.70 | RM17.40 |
| 49 |
When wages exceed RM4,400 but not exceed RM4,500
|
RM8.90 | RM8.90 | RM17.80 |
| 50 |
When wages exceed RM4,500 but not exceed RM4,600
|
RM9.10 | RM9.10 | RM18.20 |
| 51 |
When wages exceed RM4,600 but not exceed RM4,700
|
RM9.30 | RM9.30 | RM18.60 |
| 52 |
When wages exceed RM4,700 but not exceed RM4,800
|
RM9.50 | RM9.50 | RM19.00 |
| 53 |
When wages exceed RM4,800 but not exceed RM4,800
|
RM9.70 | RM9.70 | RM19.40 |
| 54 |
When wages exceed RM4,900 but not exceed RM5,000
|
RM9.90 | RM9.90 | RM19.80 |
| 55 | When wages exceed RM5,000 | RM9.90 | RM9.90 | RM19.80 |
3. EIS payment
If this is the first time you contribute EIS for your employees, you will need to register with PERKESO first – please see How to register with PERKESO Assist Portal to find out how. There are a few ways to make payment, see how to pay EIS for more information.
If you have any other questions with regards to EIS, you may contact us via the chat support or email us at admin@payrollpanda.my.
