The Social Security Organisation (SOCSO) was established as one of the government departments under the Ministry of Human Resources to administer, implement and enforce the Employees’ Social Security Act 1969 and the Employees’ Social Security (General) Regulations 1971. On 1 July 1985, SOCSO’s status was changed to a Statutory Body and since 1 January 1992, SOCSO has implemented its own remuneration system known as the Sistem Saraan Baru PERKESO.
Functions and Roles
The notion of SOCSO Social Security Protection is based on the concept of joint responsibility through the pooling of resources, sharing of risk and replacement of income. Social security protection is a basic need that must be fulfilled as agreed upon in the International Labour Organisation (ILO) Convention 1952, namely, Convention 102: Minimum Standards for Social Security. In meeting the goal, the main function of SOCSO is to provide social security protection to employees and their dependants through the Employment Injury Scheme and the Invalidity Scheme.