# SOCSO Employment Insurance System (EIS) Job Loss Benefits

What Is It

The Employment Insurance System (EIS) or Sistem Insurans Pekerjaan (SIP) is a social security safety net managed by SOCSO. It provides financial help and job search assistance to employees who have lost their jobs (due to retrenchment, company closures, or voluntary separation schemes).

Who Is Eligible

  • Malaysian citizens or permanent residents.
  • Aged between 18 and 60.
  • Has made the required minimum monthly EIS contributions (at least 11 contributions prior to retrenchment).
  • Exclusions: Voluntary resignation, retirement, expiry of fixed-term contracts, or termination due to misconduct.

    • Required Documents

  • Copy of MyKad.
  • Letter of Termination / Retrenchment from the employer.
  • Copy of salary slips for the latest 6 months.
  • Copy of active bank account statement.

    • Step-by-Step Procedure

    1. File Claim: Submit the EIS claim online via the MySynergy portal or physical SOCSO branch within 60 days of your termination date. 2. Submit Documents: Upload your termination letter, MyKad, bank statement, and salary slips. 3. Register on MYFutureJobs: Register your job seeker profile on the official MYFutureJobs employment portal. 4. Job Search Log: Submit monthly job application logs to show active job search efforts. 5. Allowance Credit: Receive the tiered Job Search Allowance (EMP) monthly (ranging from 80% of average salary down to 30% for up to 6 months).

    Cost & Processing Time

  • Cost: Free application.
  • Benefits:
    • - Month 1: 80% of average monthly salary. - Month 2: 50%. - Month 3 & 4: 40%. - Month 5 & 6: 30% (subject to monthly salary cap limits).
  • Processing Time: Claims are verified and approved within 14 working days of submission.

    • Where to Apply

  • Online: [SOCSO EIS Portal](https://eis.perkeso.gov.my)
  • Job portal registry: MYFutureJobs.
  • In-person: Any SOCSO branch office nationwide.

    • Important Notes

  • The claim must be filed within 60 days from the date of retrenchment; late applications will be rejected.
  • If you secure a new job early, you receive a one-off Early Re-employment Allowance (ERA) of 25% of the remaining unpaid allowance.