How To Pay Socso
Payment should be made along with the submission of form 8a.
How to pay socso. All payments made to an employee paid at an hourly rate daily rate weekly rate piece or task rate is considered as wages. How is the mode of payment and contribution to socso determined. The company will pay 1 75 while the staff workers will contribute 0 5 of their wages for the employment injury insurance scheme and the invalidity pension scheme.
Many of us used to use iperkeso to pay socso. Menu how to pay socso perkeso online. Steps to make socso payment online via perkeso assist portal written by nicholas updated over a week ago after you have processed payroll you can quickly export the socso file txt format under month total export bank file epf pcb mtd.
Socso announced an increase for its pension rates on 8 november 2017. Wages not subject to socso contribution. However the following payments are not considered as wages.
Employers who submit payments through the following banks must use preprinted socso contribution form borang caruman bulanan borang 8a. Both the rates of contribution are based on the total monthly wages paid to the. All cheques postal orders money orders should be made out to kumpulan wang keselamatan sosial with the employer s reference number and the month of contribution written on the back.
How to pay socso perkeso online. Employee contribution rate is based on the employee s wages overtime commissions service charge annual leave emoluments sick leave maternity leave public holidays incentives meal allowance cost of living and housing allowance and so forth. I payment through banks.
A company is required to contribute socso for its staff workers according to the socso contribution table rates as determined by the act. There are three ways of paying your socso contributions. If you re still paying cheque to the socso counter you should moving it to online.
From what we heard from socso it was mentioned that they will eventually discontinue iperkeso and we should continue our payment in assist portal. Many of us used to use iperkeso to pay socso. How do i pay socso online or offline.
This will come under the employment injury scheme and invalidity scheme. As a result of this increase socso would pay the pension arrears adjustment beginning from 26 dec to eligible socso recipients. An employer can pay its socso contributions via the following 3 methods.
