SOCSO definition
Examples of SOCSO in a sentence
The Company shall deduct such sums as may be required from your monthly salary for the contribution of EPF, SOCSO, scheduled monthly income tax deductions (PCB) and other similar contributions and/or payments as required by law.
The Company shall make necessary statutory contribution to the Employees Provident Fund (EPF), the Social Security Organisation (SOCSO) and the Employee’s Insurance Scheme (EIS) in accordance with the prevailing statutory requirements.
Where the employee has received normal wages in full for the period of temporary disablement, for which he is entitled to disablement benefit from SOCSO, the Bank shall be entitled to deduct from the wages of the employee the amount of temporary disablement benefits after the employee has received the temporary disablement benefits from SOCSO.
Contractor will not be entitled under this Agreement to any of the benefits that Client may make available to its employees, including but not limited to social security organisation (SOCSO) contribution, employee provident fund (EPF), pension scheme, bonus or commission, group health insurance, life insurance, profit-sharing, retirement benefits, paid vacation, holidays or sick leave, or workers' compensation insurance.
Your salaries are subjected to statutory deductions for the Employee Provident Fund (EPF), Social Security Ordinance (SOCSO) and Employment Insurance Scheme (EIS) and the Company shall make similar contributions in accordance with Malaysia’s statutory requirement.
Subject to the Insured first making a claim against his/her SOCSO benefits, We will reimburse the Insured Person up to the limit stated in the Schedule of Benefit for the excess amount which exceeds the medical expenses that has been allowed under the Insured’s claim with SOCSO and for any accidental bodily injury occurring outside the working hours which is not covered by SOCSO during the period of insurance.
This is the 'last straw' situation.' • Ground No. 1 – The Company’s failure in its statutory obligations towards the Claimant in respect of EPF, SOCSO and PCB [37] It is not disputed by the Company that there had been a delay in the payment of the EPF and SOCSO deductions/contributions when it fell due.
WAGES The remuneration (including EPF contribution, SOCSO, bonuses, holiday pay or other payments pertaining INDEMNITY The period beginning with the occurrence of the damage and ending not later than PERIOD the Maximum Indemnity Period thereafter during which the results of the business shall be affected in consequence of the damage.
Without prejudice to his liability to indemnify the Government under clause 16, the Contractor shall register or cause to register all local workmen employed in the execution of the Works and who are subject to registration under the Employee's Social Security Scheme (“the SOCSO Scheme”) in accordance with the Employee's Social Security Act 1969 or any subsequent modification or re-enactment of the said Act.
KBB‟s direct labour cost consists of salaries, allowances, overtime, bonus, EPF and SOCSO for KBB‟s workers for manufacturing works.