Section 1
(1)
This Act may be cited as the Employment Insurance System
(Amendment) Act 2024.
(2)
This Act comes into operation on a date to be appointed by the Minister by notification in the Gazette.
Amendment ActIn force
Employment Insurance System (Amendment) Act 2024
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- Enacted
- 2024
- Sections
- 26
- Languages
- MS · EN
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.
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1
EMPLOYMENT INSURANCE SYSTEM
(AMENDMENT) ACT 2024
Date of Royal Assent
...
...
11 September 2024
Date of publication in the
...
...
25 September 2024
Gazette
Publisher’s Copyright C
(Appointed Printer to the Government of Malaysia).
Employment Insurance System (Amendment)
Opening note
Preamble
- An Act to amend the Employment Insurance System Act 2017. [ ] ENACTED by the Parliament of Malaysia as follows: Short title and commencement
Section 2
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
Section 3
Amendment of Second Schedule
The Second Schedule to the principal Act is amended in paragraph 2—
(a)
by substituting for item 55 the following item:
Monthly Wages
Employer’s
Contribution
Employee’s
Contribution
Total
Section 55
When wages exceed
RM5,000 but not exceed RM5,100
RM10.10
RM10.10
RM20.20
(b)
by inserting after item 55 the following items:
Monthly Wages
Employer’s
Contribution
Employee’s
Contribution
Total
Section 56
When wages exceed
RM5,100 but not exceed RM5,200
RM10.30
RM10.30
RM20.60
Section 57
When wages exceed
RM5,200 but not exceed RM5,300
RM10.50
RM10.50
RM21.00
Section 58
When wages exceed
RM5,300 but not exceed RM5,400
RM10.70
RM10.70
RM21.40
Section 59
When wages exceed
RM5,400 but not exceed RM5,500
RM10.90
RM10.90
RM21.80
Section 60
When wages exceed
RM5,500 but not exceed RM5,600
RM11.10
RM11.10
RM22.20
Section 61
When wages exceed
RM5,600 but not exceed RM5,700
RM11.30
RM11.30
RM22.60
Section 62
When wages exceed
RM5,700 but not exceed RM5,800
RM11.50
RM11.50
RM23.00
Section 63
When wages exceed
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
Section 64
When wages exceed
RM5,900 but not exceed RM6,000
Section 65
When wages exceed
Amendment of Third Schedule
Section 4
The Third Schedule to the principal Act is amended in paragraph 8—
(a)
by substituting for item 55 the following item:
Actual monthly wages of the month
Total contribution
Corresponding assumed monthly wages for the month
Section 55
When wages exceed
RM5,000 but not exceed
RM5,100
RM20.20
RM5,050
(b)
by inserting after item 55 the following items:
Actual monthly wages of the month
Total contribution
Corresponding assumed monthly wages for the month
Section 56
When wages exceed
RM5,100 but not exceed
RM5,200
RM20.60
RM5,150
Section 57
When wages exceed
RM5,200 but not exceed
RM5,300
RM21.00
RM5,250
Section 58
When wages exceed
RM5,300 but not exceed
RM5,400
RM21.40
RM5,350
Section 59
When wages exceed
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
Section 60
When wages exceed
RM5,500 but not exceed
RM5,600
RM22.20
RM5,550
Section 61
When wages exceed
RM5,600 but not exceed
RM5,700
RM22.60
RM5,650
Section 62
When wages exceed
RM5,700 but not exceed
RM5,800
RM23.00
RM5,750
Section 63
When wages exceed
RM5,800 but not exceed
RM5,900
RM23.40
RM5,850
Section 64
When wages exceed
RM5,900 but not exceed
RM5,950
Section 65
When wages exceed
RM5,950”.
Common questions
- What is Employment Insurance System (Amendment) Act 2024?
- 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.
- Is Employment Insurance System (Amendment) Act 2024 still in force?
- Yes — Employment Insurance System (Amendment) Act 2024 is currently in force.
- When did Employment Insurance System (Amendment) Act 2024 take effect?
- Employment Insurance System (Amendment) Act 2024 was first recorded in 2024.
- How many sections does Employment Insurance System (Amendment) Act 2024 have?
- Employment Insurance System (Amendment) Act 2024 contains 26 sections.
- Where can I read the official version of Employment Insurance System (Amendment) Act 2024?
- The official text of Employment Insurance System (Amendment) Act 2024 is published at lom.agc.gov.my.
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