The following are the main protection schemes under SOCSO for contributors in the formal sector:
Employment Injury Scheme
Covers accidents that occur at work or while commuting to/from work.
This scheme provides compensation for permanent disability, loss of income or death.
Invalidity Scheme
Benefits for employees who are unable to work due to a permanent critical illness.
Among the benefits of the Disability Scheme are Disability Assistance, Disability Pension and Survivors' Pension.
Employment Insurance Scheme (EIS)
Assisting employees who have lost their jobs to obtain job re-placement.
Examples of job loss include:
- VSS/MSS (voluntary separation scheme/mutual agreement)
- Closing of workplace due to natural disaster (force majeure)
- Bankruptcy or business closure
SIP benefits include Job Search Allowance, Training Allowance and Job Placement.
