Social Insurance

Social Insurance in Malaysia

Social insurance programs are the programs where the benefits, eligibility requirements and all other features are decided by the government. These are usually highly subsidized by the government; although a portion may or may not come from the premiums paid by the participant.

 

Often times, countries have provisions for procuring a part of the benefit from the employer as well.

 

When setting up a new business in any country, it is important to inform the company of these laws so that the rights of the workers are preserved and the organization can work in compliance with the labor laws of the country.

 

With a team dedicated to facilitating these services to our clients, we at TCF Malaysia take pride in the fact that we are allowing our customers to ensure that the rights of their employees are withheld, thus creating a nurturing environment for both the employees and the business.