First, please note that:
Kumpulan Wang Simpanan Pekerja (KWSP) = Employee’s Provident Fund (EPF)
Pertubuhan Keselamatan Sosial (PERKESO) = Social Security Organisation (SOCSO)
It’s the same derivation. One is in Malay language, another one is in the Queen’s language. And now that’s out of the way….
Full credits to Joey Christensen of Lowyat.net forum who provided this detailed answer. I benefited from it and wish to reshare on my blog.
Answer 1: SOCSO administers two social security schemes for workers earning wages not exceeding RM3,000 per month. 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 optional form (PKS: (F)42).
Once covered, workers remain covered irrespective of their wages. However, the maximum contribution is based on wages of RM3,000 per month. All employees who have been employed by an employer under a contract of service of apprenticeship are liable under Social Security Act, 1969.
The rule of thumb for SOCSO is “Once in always in” which sounded like “Once a scout always a scout” back in my heydays.
For you, yes, it is exactly the same as your NRIC number. If you have any queries, the contacts are as follow:
Social Security Organisation (SOCSO)
Menara PERKESO, 281, Jalan Ampang,
50538 Kuala Lumpur
Tel: 03-42645000
Fax: 03-42567713
Website: www.perkeso.gov.my
Employees Provident Fund (EPF)
Bangunan KWSP, Jalan Raja Laut,
50350 Kuala Lumpur
Tel: 03-87326000
Fax:03-26948433
Website: www.kwsp.com.my
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