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Perkeso to enforce SIP Act amendments after two-year moratorium

Perkeso will implement a two-year moratorium before enforcing new job vacancy reporting rules for employers under the amended SIP Act

KUALA LUMPUR: The Social Security Organisation (Perkeso) will implement a moratorium of up to two years before enforcing amendments to the Employment Insurance System (SIP) Act.

The amendments involve a new obligation for employers to report job vacancies or the creation of new positions.

Perkeso said the moratorium is to ensure a smooth transition and avoid burdening employers, particularly small and medium enterprises (SMEs).

“Detailed implementation will only begin after receiving feedback from employer representatives and stakeholders through engagement sessions,” it said in a statement.

The organisation clarified that the focus during the moratorium will be on education, engagement, and phased voluntary compliance, not penalties.

It stated that the process of reporting job vacancies is simple, straightforward and fully online via the MYFutureJobs portal.

Once a position is filled, the information can be detected automatically through the registration of new employees and employer contributions via Perkeso’s online portal.

Comprehensive engagement sessions with employer groups and industry associations are expected after the Senate session ends on 18 December.

Perkeso said the amendment aims to improve the national employment ecosystem by providing Malaysians with transparent access to job opportunity information.

It is also expected to help employers match jobs with suitable talents, thereby increasing productivity and reducing hiring costs.

The amendment will provide an accurate and organised picture of the country’s labour market for policy formulation.

“These objectives are fundamental to ensuring that the labour market becomes more dynamic, responsive and sustainable,” the statement added.

The Dewan Rakyat passed the SIP (Amendment) Bill 2025 on Tuesday. – Bernama

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