On 25th September 2020, Social Security Organisation (SOCSO) has published the FAQs on SOCSO official website and the significant highlights as below:

 

1. When the Program Subsidi Upah (PSU) 2.0 start effective and deadline for application?

  • The application of PSU 2.0 is effective from 1st October 2020 and the deadline application on 31st December 2020.

2. Important features of PSU 2.0:

Highlighted parts are the updated areas of the PSU 2.0:

Table 1

Size of CompanyNot more than 75 employees76 – 200 employeesMore than 200 employees
Subsidy amount for existing applicants

RM600 per employee for 3 months.

Subsidy amount for new applicants

RM600 per employee for 6 months.

Maximum number of employees that can be claimed75 employees200 employees200 employees
Requirement
Percentage of the decline in revenueThe decline of 30% or more in the revenue or income by comparing total revenue with the same month of 2020 and 2019 (Refer to Section 8 below)
Registration of Employer
  • Employer and employee need to register or contribution with SOCSO before 1st September 2020.
  • Employer has registered with Suruhanjaya Syarikat Malaysia (SSM), Pihak Berkuasa Tempatan (PBT) before 1st September 2020.
Employee’s salary per month
  • RM4,000 and below
Other condition
  • Employer must retain employees under PSU 2.0. Employer can implement a pay cut or reduction of working hours after discussion with the employee.
Effective date
  • From 1st October 2020 onwards
How to apply
Deadline
  • 31st December 2020

 3. The existing applicant need to submit new applications for PSU 2.0?

4. Does the employer need to submit new application for the subsequent month claim?

  • No need. For the subsequent month, employer only need to update the changes on the employees listing and business status (if any) before/ not later than 15th of the month. The wage subsidy will be automatically paid to the respective employer/ company.
  • The PSU 2.0 for the next month will be paid based on the updated listing.
  • Inaccurate information or variance of information in Portal Assist will be further inquired by SOCSO.

5. If the employer registered with SOCSO before 1st September 2020 and have a staff start working on 1st February 2020 but not registered with SOCSO. Does the employer qualify to apply PSU 2.0?

  • Yes, but the employer needs to register the staff under the company before 1st September 2020 before submit the application of PSU 2.0.

6. The employer can apply PSU 2.0 if the application for the previous PSU has been approved on June 2020?

  • Yes, as long as fulfilling the requirement and condition in Section 2 above. Employer will obtain the new PSU 2.0 for three (3) months once subsidy in previous PSU has been released.

7. If the employer has been successful apply the PSU before, but some of the staff’s application are rejected due to register after 1st April 2020, the employer qualify to apply PSU 2.0 for the particular staff?

  • Yes, the subsidy will be RM600 per month and entitle for 3 months only as long as fulfill the requirement and condition in Section 2 above.

8. How’s the employer to prove the 30% reduction or more in the revenue or income?

  • The employer needs to fill up into prihatin.perkeso.gov.my to state the 30% reduction or more in the revenue or income for the same month in 2020 and 2019.

Example:

Month and YearRevenue (RM)
September 2019100,000
September 202069,500
August 2019120,000
August 202078,000

9. If there is a staff who is under PSU and PSU 2.0 resign voluntary, the employer needs to submit the new application?

  • No need, but need to update as per stated in Section 4 above.

10. How to check the result of PSU 2.0 application?

  • The result can check through prihatin.perkeso.gov.my with the reference number given upon submission of the application.

Source from SOCSO Official Website Announcement (https://www.perkeso.gov.my/images/penjana/psu20/25092020_FAQ_PSU_2.0_BM.pdf)

For more information, please visit 25092020_FAQ_PSU_2.0_BM

 

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Read more:

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PENJANA – Program Subsidi Upah (PSU)/ Wage Subsidy Program (WSP)

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