Akta Pendaftaran Perniagaan 1956 (Akta 197), Kaedah-Kaedah Dan Perintah [Hingga 1hb Ogos 2018]

The Employees' Social Security Act 1969 (Act 4) is a law in Malaysia that provides social security protection for employees in the event of an occupational accident or illness, disability, or death. This act is administered by the Social Security Organization (SOCSO), a statutory body established under the Ministry of Human Resources.

Under this act, employers are required to register with SOCSO and make contributions on behalf of their employees. The contributions are calculated based on the employee's monthly wages and are aimed at providing financial assistance and medical benefits to employees in the event of an accident or illness.

The act covers all employees in the private sector, including foreign workers, who are engaged under a contract of service or apprenticeship. Self-employed individuals, however, are not covered under this act.

The act provides for several benefits to employees who are registered under SOCSO. These benefits include:

1. Medical Benefits - Employees who suffer from work-related injuries or illnesses are entitled to free medical treatment at any panel clinic or hospital appointed by SOCSO.

2. Disability Benefits - Employees who suffer from permanent disability due to a work-related accident or illness are entitled to monthly payments based on the degree of disability.

3. Invalidity Pension - Employees who are unable to work due to a permanent disability not related to work are entitled to a monthly pension.

4. Survivors' Benefits - The dependents of employees who die due to a work-related accident or illness are entitled to monthly payments.

5. Funeral Benefits - A one-time payment is made to the dependents of the deceased employee to cover funeral expenses.

In addition to these benefits, the act also provides for the establishment of an Employees' Social Security Fund, which is used to finance the benefits provided under the act. The fund is managed by SOCSO and is financed by contributions from employers and employees.

The act is also supported by various regulations and rules that provide guidance on the implementation of the act. These regulations and rules cover areas such as registration of employers and employees, calculation of contributions, and the procedures for claiming benefits.

In conclusion, the Employees' Social Security Act 1969 (Act 4) is an important law in Malaysia that provides social security protection for employees in the private sector. The act aims to provide financial assistance and medical benefits to employees in the event of an accident or illness, and is administered by the Social Security Organization (SOCSO).