Section 1
(2)
This Act comes into operation on a date to be appointed by the Minister by notification in the Gazette.
Amendment of section 16
/akn/my/act/amendment_act/2024/A1725
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EMPLOYMENT INSURANCE SYSTEM (AMENDMENT) ACT 2024 is Malaysia Amendment Act, cited as Amendment Act A1725 2024, currently marked in force and first recorded in 2024.
Opening note
This Act comes into operation on a date to be appointed by the Minister by notification in the Gazette.
Amendment of section 16
The Employment Insurance System Act 2017 [Act 800], which is referred to as the “principal Act” in this Act, is amended in subsection 16(2) by substituting for the words
“five thousand ringgit” wherever appearing the words
“six thousand ringgit”.
EMPLOYMENT INSURANCE SYSTEM
(AMENDMENT) ACT 2024
Amendment of Second Schedule
The Second 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
When wages exceed
RM5,000 but not exceed RM5,100
RM10.10
RM10.10
by inserting after item 55 the following items:
Monthly Wages
Employer’s
Contribution
Employee’s
Contribution
Total
RM20.20
RM5,100 but not exceed RM5,200
RM10.30
RM10.30
RM20.60
RM5,200 but not exceed RM5,300
RM10.50
RM10.50
RM21.00
RM5,300 but not exceed RM5,400
RM10.70
RM10.70
RM21.40
RM5,400 but not exceed RM5,500
RM10.90
RM10.90
RM21.80
RM5,500 but not exceed RM5,600
RM11.10
RM11.10
RM22.20
RM5,600 but not exceed RM5,700
RM11.30
RM11.30
RM22.60
RM5,700 but not exceed RM5,800
RM11.50
RM11.50
RM23.00
RM5,800 but not exceed RM5,900
RM11.70
RM11.70
RM23.40
“
“
”; and
Employment Insurance System (Amendment)
5
Monthly Wages
Employer’s
Contribution
Employee’s
Contribution
Total
RM5,900 but not exceed RM6,000
Amendment of Third Schedule
The Third Schedule to the principal Act is amended in paragraph 8—
by substituting for item 55 the following item:
Actual monthly wages of the month
Total contribution
Corresponding assumed monthly wages for the month
When wages exceed
RM5,000 but not exceed
RM5,100
RM20.20
by inserting after item 55 the following items:
Actual monthly wages of the month
Total contribution
Corresponding assumed monthly wages for the month
RM5,050
RM5,100 but not exceed
RM5,200
RM20.60
RM5,150
RM5,200 but not exceed
RM5,300
RM21.00
RM5,250
RM5,300 but not exceed
RM5,400
RM21.40
RM5,350
RM5,400 but not exceed
RM5,500
RM21.80
RM5,450
“
“
”.
”; and
Actual monthly wages of the month
Total contribution
Corresponding assumed monthly wages for the month
RM5,500 but not exceed
RM5,600
RM22.20
RM5,550
RM5,600 but not exceed
RM5,700
RM22.60
RM5,650
RM5,700 but not exceed
RM5,800
RM23.00
RM5,750
RM5,800 but not exceed
RM5,900
RM23.40
RM5,850
RM5,900 but not exceed
RM5,950
RM5,950”.