The Benefits of Social Security

Bismillahirrahmanirrahim..
From my first post for today, I have share about social security. Now, I want to share with you guys the benefits of social security.

For your information, social security have a lot of benefits such as:

1. Disability benefits by SOCSO
SOCSO offers two insurance scheme which arr the Employment Injury Insurance scheme and the Invalidity Insurance scheme. SOCSO covers industrial accidents, occupational diseases, accidents, invalidity or death. Further benefits, including further specific benefits.

2. Retirement benefits by EPF
The Employment Provident Fund (EPF) or Kumpulan Wang Simpanan Pekerja (KWSP), was initially introduced as a saving scheme only. It still covers the pension funds, but now employees are allowed to withdraw their savings for specific purpose like house ownership and medical purposes. The employer pays a contribution rate of 12% of the worker monthly rate, while the employee contributes 11%.

3. Maternity benefits
This benefits is for pregnant woman. They are eligible to maternity benefits from any day within 30 days before the date for the childbirth. They are entitled to 60 paid days during the maternity leave. But it is under the condition that they have been employed for at least 90 days within the 4 month period proceding the childbirth and they must not have more than 5 children.

Thats only three of social security's benefits that I have stated above. For more information, you can find the information about social security and its benefit and how to apply it at this link:
For SOCSO, http://www.perkeso.gov.my
For KWSP/EPF, http://www.kwsp.gov.my