Employment Insurance System Act 2017 s 87
s 87 Recommendations to review System
(1) The Board may, when substantial changes in the general level of earnings resulting from substantial changes in the cost of living, examine the situation on the basis of an actuarial valuation made and make recommendations to the Minister to review the System under this Act.
(2) The recommendations of the Board referred to in subsection (1)—
(a) shall be accompanied by the actuarial report;
(b) shall take into account the social policy of the Government; and
(c) may include—
(i) a proposal for a new rate of contributions;
(ii) a proposal for changes in the rates of the job search allowance, early re-employment allowance,
reduced income allowance and training allowance and the amount of training fee; and
(iii) a proposal for new types of benefits.
Malay text (authoritative)
Syor untuk mengkaji semula Sistem
(1) Lembaga boleh, apabila terdapat perubahan subtansial dalam aras umum pendapatan akibat daripada perubahan subtansial dalam kos sara hidup, memeriksa keadaan itu berasaskan penilaian aktuari yang dibuat dan membuat syor kepada Menteri untuk mengkaji semula Sistem di bawah Akta ini.
(2) Syor Lembaga yang disebut dalam subseksyen (1)—
(a) hendaklah disertakan dengan laporan aktuari;
(b) hendaklah mengambil kira dasar sosial Kerajaan; dan
(c) boleh termasuk—
(i) cadangan bagi kadar caruman yang baharu;
(ii) cadangan bagi perubahan dalam kadar elaun mencari pekerjaan, elaun bekerja semula awal, elaun pendapatan berkurangan dan elaun latihan dan amaun fi latihan; dan
(iii) cadangan bagi jenis faedah yang baharu.
Read this section in the full act → · Open Part X →
Find Act 800 on lom.agc.gov.my ↗
Text as at 1 November 2021 (LOM reprint); amendments made after that date may not be incorporated.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
