What is the contribution rate for EIS?

The contribution rate for the EIS consists of 0.2% from the employer and 0.2% of the employee's monthly salary; both sides will contribute a total of 0.4% contribution every month.

Effective from September 2022, the maximum EIS cap rate is RM 19.80 for employees earning above RM 5,000 under Malaysia's Employment Insurance System Act 2022.

Before that, the salary ceiling for contributions was RM 4,000.

 

Check out table of contribution rate.