{"id":9875,"date":"2026-06-01T09:00:55","date_gmt":"2026-06-01T09:00:55","guid":{"rendered":"https:\/\/abss-asia.com\/?p=9875"},"modified":"2026-06-11T04:03:21","modified_gmt":"2026-06-11T04:03:21","slug":"socso-compliance-update-effective-1-jun-2026","status":"publish","type":"post","link":"https:\/\/abss-asia.com\/id\/2026\/06\/01\/socso-compliance-update-effective-1-jun-2026\/","title":{"rendered":"SOCSO Compliance Update Effective 1 Jun 2026"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"9875\" class=\"elementor elementor-9875\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3956b40 e-flex e-con-boxed e-con e-parent\" data-id=\"3956b40\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9eb15ed elementor-widget elementor-widget-text-editor\" data-id=\"9eb15ed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"wysiwyg-font-size-large\"><strong>SOCSO Compliance Update Effective 1 Jun 2026<\/strong><\/span><\/p><p><span class=\"wysiwyg-font-size-large\">\u00a0<\/span><\/p><figure class=\"wysiwyg-table\"><table><tbody><tr><td><p><strong>MANDATORY COMPLIANCE UPDATE<\/strong><\/p><p>This update is required by law under the Employees&#8217; Social Security (Amendment) Act 2026, gazetted on 5 March 2026. All Financio MY payroll users are automatically affected from 1 June 2026. Financio Payroll applies all changes automatically \u2014 no manual setup is required.<\/p><\/td><\/tr><\/tbody><\/table><\/figure><p><strong>Background &amp; Regulatory Context<\/strong><\/p><p>Previously, SOCSO accident protection only applied to injuries that arose out of and during the course of employment \u2014 meaning workplace injuries, accidents during the commute to or from work, and occupational diseases. If an employee was injured at home over a weekend, during a sports activity, or in any personal accident outside of working hours, they were not covered by SOCSO and had to rely on personal insurance or private takaful.<\/p><p>Under the new scheme\u00a0<a href=\"https:\/\/www.perkeso.gov.my\/skim-kemalangan-bukan-bencana-kerja-lindung-24-jam.html\">Skim Kemalangan Bukan Bencana Kerja (LINDUNG 24 JAM)<\/a><\/p><p>(SKBBK), this limitation is removed. Employees across Malaysia are now covered for personal accidents that occur at any time \u2014 inside or outside of working hours \u2014 as long as the accident happens within Malaysia.<\/p><p><strong>\u00a0<\/strong><\/p><p><strong>Coverage Comparison:<\/strong><\/p><figure class=\"wysiwyg-table\"><table><tbody><tr><td><p class=\"wysiwyg-text-align-center\"><strong>Before 1 June 2026<\/strong><\/p><\/td><td><p class=\"wysiwyg-text-align-center\"><strong>From 1 June 2026 (SKBBK \/ Lindung 24\/7)<\/strong><\/p><\/td><\/tr><tr><td><p>Workplace accidents (during working hours)<\/p><p>Commuting accidents (to\/from workplace)<\/p><p>Occupational diseases<\/p><p><strong>No weekend\/personal coverage<\/strong><\/p><p><strong>No off-hours accident coverage<\/strong><\/p><\/td><td><p><strong>Everything as before 1 June, PLUS:<\/strong><\/p><p>Accidents at home<\/p><p>Personal road accidents (non-commute)<\/p><p>Injuries during sports \/ recreation<\/p><p>Accidents during personal travel<\/p><p>Any non-work accident within Malaysia<\/p><p><strong>Coverage: 24 hours, 7 days a week<\/strong><\/p><\/td><\/tr><\/tbody><\/table><\/figure><p><strong>What is not covered under LINDUNG 24\/7?<\/strong><\/p><p>The following are excluded from SKBBK non-employment injury benefits:<\/p><ul><li data-list-item-id=\"e7df3d3c23bde7c257df8e0d775a1a971\">Accidents that arise out of and during the course of employment (these remain covered under the existing Employment Injury Scheme)<\/li><li data-list-item-id=\"e102f0dddbc6201b0430e186e13022d03\">Accidents occurring outside of Malaysia<\/li><li data-list-item-id=\"e9f8b6b5c68214c891fb59f65071cfcb0\">Accidents involving foreign employees who are in breach of their immigration conditions<\/li><li data-list-item-id=\"ea3fa180d9241b667533c7902c8fe50fe\">Accidents covered under a separate statutory scheme (e.g. public sector pension schemes)<\/li><\/ul><p><strong>Who bears the cost?<\/strong><\/p><p>The SKBBK contribution is borne entirely\u00a0<strong>by the employee<\/strong>. Unlike the Employment Injury and Invalidity schemes where both employer and employee contribute, the SKBBK scheme requires no additional employer contribution. The employer&#8217;s responsibility is limited to deducting the SKBBK amount from the employee&#8217;s salary each month and remitting the combined SOCSO + EIS + SKBBK total to PERKESO by the 15th of the following month.<\/p><figure class=\"wysiwyg-table\"><table><tbody><tr><td><p class=\"wysiwyg-text-align-center\"><strong>Contribution type<\/strong><\/p><\/td><td><p class=\"wysiwyg-text-align-center\"><strong>Employer share<\/strong><\/p><\/td><td><p class=\"wysiwyg-text-align-center\"><strong>Employee share<\/strong><\/p><\/td><td><p class=\"wysiwyg-text-align-center\"><strong>Remittance deadline<\/strong><\/p><\/td><\/tr><tr><td>SKBBK \u2014 New from 1 Jun 2026<\/td><td><strong>None (no employer cost)<\/strong><\/td><td><strong>0.75% of salary*<\/strong><\/td><td>15th of following month<\/td><\/tr><\/tbody><\/table><\/figure><p><strong>Contribution rate \u2014 phased implementation<\/strong><\/p><p>SKBBK contributions are borne entirely by employees and will be implemented in three phases. All rates are applied on the employee&#8217;s monthly contribution salary, capped at the RM6,000 wage ceiling.<\/p><figure class=\"wysiwyg-table\"><table><tbody><tr><td><p class=\"wysiwyg-text-align-center\"><strong>Phase<\/strong><\/p><\/td><td><p class=\"wysiwyg-text-align-center\"><strong>Duration<\/strong><\/p><\/td><td><p class=\"wysiwyg-text-align-center\"><strong>Employee Rate<\/strong><\/p><\/td><td><p class=\"wysiwyg-text-align-center\"><strong>Employer Rate<\/strong><\/p><\/td><\/tr><tr><td>Phase 1<\/td><td>First two years (2026\u20132027)<\/td><td>0.75%<\/td><td>Nil<\/td><\/tr><tr><td>Phase 2<\/td><td>Next three years (2028\u20132030)<\/td><td>1.00%<\/td><td>Nil<\/td><\/tr><tr><td>Phase 3<\/td><td>Sixth year onwards (2031+)<\/td><td>1.25%<\/td><td>Nil<\/td><\/tr><\/tbody><\/table><\/figure><p>All rates are capped at the RM6,000 monthly wage ceiling. Financio automatically applies the correct phase rate based on the scheme year \u2014 no manual updates are required.<\/p><p>For more detail of SKBBK, you may refer to the below PERKESO website:<\/p><p>FAQ: https:\/\/www.perkeso.gov.my\/images\/borang\/lindung24jam\/SoalanLazimLindung24Jam.pdf<\/p><p>Reference:\u00a0<a href=\"https:\/\/www.perkeso.gov.my\/skim-kemalangan-bukan-bencana-kerja-lindung-24-jam.html\">https:\/\/www.perkeso.gov.my\/skim-kemalangan-bukan-bencana-kerja-lindung-24-jam.html<\/a><\/p><p><strong>Enhancement<\/strong>\u00a0<strong>in the Financio Payroll<\/strong><\/p><p class=\"wysiwyg-text-align-justify\">The following screens have been updated to reflect the SKBBK (LINDUNG 24 Jam) scheme.<\/p><p class=\"wysiwyg-text-align-justify\"><strong>1. SOCSO Category<\/strong><\/p><p class=\"wysiwyg-text-align-justify\">The SOCSO category dropdown options have been updated to include LINDUNG 24 Jam coverage.<\/p><p class=\"wysiwyg-text-align-justify\">Updated category options:<\/p><ul><li data-list-item-id=\"e3637f62953673fb8f09e34f48b6f581c\"><strong>Category 1: Employment Injury \/ Invalidity and Non-Employment Accident Scheme<\/strong>\u00a0<\/li><\/ul><p class=\"wysiwyg-indent1\">For employees below 60 years of age. Contribution rates: 1.75% employer&#8217;s share and 0.5% employee&#8217;s share, plus an additional 0.75% employee&#8217;s share for SKBBK (LINDUNG 24 Jam).<\/p><ul><li data-list-item-id=\"ee0c30c289e4f430517969fd7e378285f\"><strong>Category 2: Employment Injury and Non-Employment Accident Scheme<\/strong>\u00a0<\/li><\/ul><p class=\"wysiwyg-indent1\">For employees who have attained the age of 60. Contribution rate: 1.25% of the employee&#8217;s monthly wages, borne solely by the employer, plus an additional 0.75% employee&#8217;s share for SKBBK (LINDUNG 24 Jam).<\/p><p class=\"wysiwyg-text-align-justify\"><strong>2. Salary Calculation Table<\/strong><\/p><p class=\"wysiwyg-text-align-justify\">A new column,\u00a0<strong>Employee SKBBK Contribution<\/strong>, has been added to the Salary Calculation page to display the SKBBK deduction amount per employee.<\/p><p class=\"wysiwyg-text-align-justify\"><strong>3. Payslip<\/strong><\/p><p class=\"wysiwyg-text-align-justify\">The following updates have been made to the payslip formats:<\/p><ul><li data-list-item-id=\"e8b3178948faa836ee1368e086f6af10d\"><strong>Column Detail Format:<\/strong>\u00a0A new SKBBK column has been added to display the SKBBK deduction on the payslip.<\/li><\/ul><ul><li data-list-item-id=\"e635978f7df1a83a1146db243fa607203\"><strong>T-Format:<\/strong>\u00a0A new SKBBK column has been added. The YTD label has been updated to\u00a0<strong>YTD Employee SOCSO &amp; SKBBK<\/strong>, reflecting the combined SOCSO and SKBBK contribution amount.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>SOCSO Compliance Update Effective 1 Jun 2026 \u00a0 MANDATORY COMPLIANCE UPDATE This update is required by law under the Employees&#8217; Social Security (Amendment) Act 2026, gazetted on 5 March 2026. All Financio MY payroll users are automatically affected from 1 June 2026. Financio Payroll applies all changes automatically \u2014 no manual setup is required. Background [&hellip;]<\/p>","protected":false},"author":2,"featured_media":9880,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-9875","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/abss-asia.com\/id\/wp-json\/wp\/v2\/posts\/9875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abss-asia.com\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abss-asia.com\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abss-asia.com\/id\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/abss-asia.com\/id\/wp-json\/wp\/v2\/comments?post=9875"}],"version-history":[{"count":4,"href":"https:\/\/abss-asia.com\/id\/wp-json\/wp\/v2\/posts\/9875\/revisions"}],"predecessor-version":[{"id":9879,"href":"https:\/\/abss-asia.com\/id\/wp-json\/wp\/v2\/posts\/9875\/revisions\/9879"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abss-asia.com\/id\/wp-json\/wp\/v2\/media\/9880"}],"wp:attachment":[{"href":"https:\/\/abss-asia.com\/id\/wp-json\/wp\/v2\/media?parent=9875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abss-asia.com\/id\/wp-json\/wp\/v2\/categories?post=9875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abss-asia.com\/id\/wp-json\/wp\/v2\/tags?post=9875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}