PETALING JAYA: Due to take off officially in January, the Employment Insurance System (EIS) is expected to provide a safety net for workers who have been retrenched. “Workers who have lost their employment and fulfil the 12-month contribution qualifying condition are eligible to receive full-fledged EIS benefits,” he added. In the first month of being retrenched, the insured worker can claim 80% of his assumed wage. Other benefits insured workers can enjoy under EIS is the Reduced Income Allowance (RIA) and Training Allowance (TA). Those who have been retrenched are advised to apply for the EIS benefits via the EIS portal (www.perkeso.gov.my/sip) or visit the nearest Socso branch.

Source: The Star December 22, 2018 21:11 UTC