Territory
Type of measure
Malaysia (Cont'd)
Title of legislation/ scheme
Social insurance
Employces' Social
Security Act, 1969
5
Table 19
Covorage
Source of funds
Qualifying conditions
Benefits
Administrative organisation
Remarks
Government:
Nono
(Details of
rates of
contribut-
ion at
Appendix XITI)
Employees of undertakings with 5 or more workers, excluding those earning more than M500 a month.
Insured
person:
About 0.5% of carnings.
Employer:
About 0.5% of payroll.
Government:
None
(Details of
rates of contribut- ion at Appendix XIV)
For invalidity pension:
Permanent incapacity for work; has made 36 monthly contributions in past 60 months or has contributed
for 2/3 of the months sinco taken up insurance, subject to a minimum of 36 months.
For reduced pension:
Has contributed for 1/3 of the months sinco takon up insurance, subject to a minimum of 36 months.
Invalidity pension:
40-65% of monthly earnings, depending on the longth of coverage.
Reduced pension:
25-39% of monthly earnings, depending on the length of coverage.
Invalidity grant:
Lump sa equivalent to the total contributions by the insured and employer plus interest thereon, payable to those who fail to fulfil the qualifying conditions.
Constant attendance allowance: 30% of invalidity pension.
Provision of prosthetic appliances and their renewal
Administered by the
Social Security Organisation. Under the general
supervision of the Ministry of Labour and Manpower.