SOCSO Contributions

Modified on Wed, 2 Oct at 1:03 PM

The Social Security Organization (SOCSO), also known as PERKESO (Pertubuhan Keselamatan Sosial), was established in 1971 under the Ministry of Human Resources to provide social security protection for employees in Malaysia.

SOCSO contributions provide various benefits, including:

Financial assistance to workers and their dependents in case of unforeseen events
Provision of physical and vocational rehabilitation benefits
Promotion of awareness of occupational safety and health

SOCSO Contribution Rate

Starting 1 October 2024, the wage ceiling for SOCSO contributions will increase from RM5,000 to RM6,000 per month. Contributions for employees earning over RM6,000 will still be based on this new ceiling.

Both the rates of contribution are based on the total monthly wages paid to the employee and contributions should be made from the first month the employee is employed.

For detailed contribution rates, refer to the contribution rate table here.

Contribution Payments

PERKESO introduced the ASSIST Portal on 1 January 2018 to help employers manage registration, update records, and make contribution payments. To use the portal, employers must register for an ASSIST Portal ID by completing a form available on the PERKESO website and submitting it to the nearest PERKESO office. The portal can be accessed at http://www.perkeso.gov.my by logging into the ASSIST Portal.

For payments, employers need an internet banking account that supports FPX services, and they must apply for an E-mandate via the portal for Direct Debit Authorisation (DDA).

Internet Banking

Employers must ensure they are registered with an approved bank for online banking services. For more information, you can contact the following banks that support PERKESO transactions:

Bank Counter

Employers can also make payments at the following bank counters using the ACR reference after submitting contribution data via the ASSIST Portal:

Maybank Berhad
RHB Bank Berhad (cash only)
Public Bank Berhad (starting 1 March 2018)

PRIHATIN Mobile App

Employers can manage their PERKESO contributions using the PRIHATIN app, available for download from the Google Play Store and App Store. For more details, visit the official page here.

Important Notes:

Contributions for any given month must be paid by the 15th day of the following month. For example, contributions for July must be paid by 15 August.
An interest penalty of 6% per annum will be charged for each day contributions remain unpaid after the deadline.