SOCSO is an acronym that stands for the Social Security Organization, also known as Perkeso in Malaysia. It is a governmental agency established to administer and provide social security protections to employees in the private sector.
SOCSO is responsible for implementing and enforcing social security policies and programs to ensure the well-being and protection of workers by providing financial and medical assistance in the event of work-related accidents, occupational diseases, injuries, or disabilities.
The organization operates based on contributions from employees and employers, where both are required to make regular contributions towards the social security fund. These contributions are calculated based on a percentage of employees' wages and are deducted from their monthly salary. Employers are responsible for deducting these payments and ensuring they are paid to SOCSO on time.
In addition to providing financial assistance for employees' medical treatments and rehabilitation, SOCSO also offers various benefits such as temporary and permanent disability benefits, dependent's benefits, funeral benefits, and education benefits for children of deceased contributors.
SOCSO's objectives are to promote and maintain the economic well-being of employees by providing social security protections, to assist and rehabilitate injured workers, and to reduce the financial burden on the families of workers who may suffer from accidents or illnesses related to their work. Overall, SOCSO aims to ensure that workers and their families are protected and provided with necessary support during times of need.
