Preamble
An Act to amend the Employees’ Social Security Act 1969.
[
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ENACTED by the Parliament of Malaysia as follows:
Short title and commencement
/akn/my/act/amendment_act/2024/A1724
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An Act to amend the Employees’ Social Security Act 1969.
[
]
ENACTED by the Parliament of Malaysia as follows:
Short title and commencement
This Act may be cited as the Employees’ Social Security
Act 2024.
) This Act comes into operation on a date to be appointed by the Minister by notification in the Gazette.
Amendment of section 5
The Employees’ Social Security Act 1969 [Act 4], which is referred to as the “principal Act...
“five thousand ringgit” wherever appearing the words
“six thousand ringgit”.
Laws of Malaysia 4
Amendment of Third Schedule
The Third Schedule to the principal Act is amended—
in paragraph 2—
by substituting for item 55 the following item:
Monthly Wages Employer’s
Contribution
Employee’s
Contribution
Total
“55. When wages exceed
RM5,000
but not
RM5,100
RM88.35
RM25.25
RM113.60”; and
by inserting after item 55 the following items:
Monthly Wages Employer’s
Contribution
Employee’s
Contribution
Total
“56. When wages exceed
RM5,100
but not
RM5,200
RM90.15
RM25.75
RM115.90
When wages exceed
RM5,200
but not
RM5,300
RM91.85
RM26.25
RM118.10
When wages exceed
RM5,300
but not
RM5,400
RM93.65
RM26.75
RM120.40
When wages exceed
RM5,400
but not
RM5,500
RM95.35
RM27.25
RM122.60
Employees’ Social Security (Amendment)
5
Monthly Wages Employer’s
Contribution
Employee’s
Contribution
Total
When wages exceed
RM5,500
but not
RM5,600
RM97.15
RM27.75
RM124.90
When wages exceed
RM5,600
but not
RM5,700
RM98.85
RM28.25
RM127.10
When wages exceed
RM5,700
but not
RM5,800
RM100.65
RM28.75
RM129.40
When wages exceed
RM5,800
but not
RM5,900
RM102.35
RM29.25
RM131.60
When wages exceed
RM5,900
but not
RM6,000
RM104.15
RM29.75
RM133.90
When wages exceed
RM6,000
RM104.15
RM29.75
RM133.90”; and
in paragraph 4—
by substituting for item 55 the following item:
Monthly Wages
Employer’s
Contribution
“55. When wages exceed RM5,000
but not RM5,100
RM63.10”; and
Laws of Malaysia 6
by inserting after item 55 the following items:
Monthly Wages
Employer’s
Contribution
“56. When wages exceed RM5,100
but not RM5,200
RM64.40
When wages exceed RM5,200
but not RM5,300
RM65.60
When wages exceed RM5,300
but not RM5,400
RM66.90
When wages exceed RM5,400
but not RM5,500
RM68.10
When wages exceed RM5,500
but not RM5,600
RM69.40
When wages exceed RM5,600
but not RM5,700
RM70.60
When wages exceed RM5,700
but not RM5,800
RM71.90
When wages exceed RM5,800
but not RM5,900
RM73.10
When wages exceed RM5,900
but not RM6,000
RM74.40
When wages exceed RM6,000
RM74.40”.
Amendment of Fourth Schedule
The Fourth Schedule to the principal Act is amended in paragraph 4—
by substituting for item 55 the following item:
Actual monthly wage of the month
First
Category
Second
Category
Corresponding assumed monthly wage for the month
“55. When wages exceed RM5,000
but not RM5,100
RM113.60 RM63.10
RM5,050”; and
Employees’ Social Security (Amendment)
by inserting after item 55 the following items:
Actual monthly wage of the month
First
Category
Second
Category
Corresponding assumed monthly wage for the month
“56. When wages exceed RM5,100
but not RM5,200
RM115.90 RM64.40
RM5,150
When wages exceed RM5,200
but not RM5,300
RM118.10 RM65.60
RM5,250
When wages exceed RM5,300
but not RM5,400
RM120.40 RM66.90
RM5,350
When wages exceed RM5,400
but not RM5,500
RM122.60 RM68.10
RM5,450
When wages exceed RM5,500
but not RM5,600
RM124.90 RM69.40
RM5,550
When wages exceed RM5,600
but not RM5,700
RM127.10 RM70.60
RM5,650
When wages exceed RM5,700
but not RM5,800
RM129.40 RM71.90
RM5,750
When wages exceed RM5,800
but not RM5,900
RM131.60 RM73.10
RM5,850
When wages exceed RM5,900
but not RM6,000
RM133.90 RM74.40
RM5,950
When wages exceed RM6,000
RM133.90 RM74.40
RM5,950”.