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Unemployed Can Apply For EIS Compensation With the Method Below

by kylekyle August 12, 2020

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Unemployed Can Apply For EIS Compensation With the Method Below

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In Malaysia, 66,068 people were unemployed from January to July. If you have paid an employment insurance plan before, you can apply for employment insurance compensation when you are unemployed.

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The Employment Insurance Scheme (EIS) has been fully implemented from January 1, 2019. People who are unemployed will be entitled to benefits such as job search allowance, early employment allowance, and training allowance.

Of course, people who voluntarily resign, contract expiration, dismissal for misconduct, and retirement will not be compensated by employment insurance. Each insured person can only claim 7 to 11 times during the employment period between the ages of 18 and 60.

The compensation that the insured person can get after losing his job will depend on the time of insuring. When you are unemployed after 12 months of continuous insurance, you will receive 80% of your salary in the first month, 50% of your second month’s salary, and 40% of your third month’s salary. If you have paid premiums for up to 16 months, you can get 80% of your salary in the first month after unemployment, 50% of your second month’s salary, and 40% of your third and fourth month’s salary.

If you have been insured for more than 20 months, you will receive 80% of the first month, 50% of the second month, 40% of the third and fourth months, and 30% of the fifth month’s salary.

People who have been insured for more than 24 months will receive 80%, 50%, 40%, 40%, 30%, and 30% of compensation for the first to sixth months after unemployment.

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Employment insurance plan benefits

  1. Job Search Allowance (JSA)
    employees in the first month of unemployment, the amount of the allowance is 80% of the last month’s salary, up to a maximum of 4000 ringgit; the second month will be reduced to 50% of the last salary, the third and third The 4 months is 40% of the salary, and the 5th and 6th months are 30% of the salary.
  2. Reduced Income Allowance (RIA) If you have
    two or more part-time jobs, you can get a job search allowance when you lose one of the incomes, and you can pay it in a lump sum.
  3. Training Fee (TF) When the
    unemployed participate in the training, the organization will help pay for the training fee, and they can receive a training fee subsidy of up to 6 months or 4,000 ringgit.
  4. Training Allowance (TA) has
    a minimum of MYR 10 per day and a maximum of MYR 20 (maximum 6 months).
  5. Early Re-Employment Allowance (ERA) employees in the Early Re-Employment Allowance (ERA)
    can receive 25% of the Job Search Allowance during job search and waiting periods.
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How to apply for employment insurance compensation

Step 1: Browse https://eis.perkeso.gov.my/eisportal/insured/appl/instruction .
Step 2: Fill in the required information.
Step 3: The application result will be notified by email.
Step 4: Applicants whose applications are approved need to fill in the Re-Employment Placement Program Form.
Step 5: Employment insurance compensation will be remitted to your bank account.

 

 

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