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Thursday, August 02, 2007

Once Covered Always Covered

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I received a notice from my HR regarding some outstanding contribution to SOCSO. I never realized that I'm a SOCSO member until I read the memo. Under SOCSO regulation:

1. Employees who have been previously registered and have contributed to SOCSO must compulsorily continue to contribute.

2. Even if the present wage exceeds RM3,000 per month. These employees will be protected in line with the principle of "once covered always covered" to preserve their rights accumulated under the Invalidity Pension Scheme.

3. Employees who receive a monthly wage exceeding RM3,000 and who have not previously registered or paid contributions to SOCSO are given an option to be covered under the Act. Both the employer and employee have to consent to the coverage, by filling the necessary form.

So there u go. Some handy tips on SOCSO. So are u guys covered?

Signing off at 11.30 p.m.

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