When is the waiting period for EIS claims, and how is payment made?

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EIS Claims Have a Seven-Day Waiting Period Before Payment is Issued

The Employment Insurance Scheme (EIS) stipulates a seven-day waiting period from the date of claim approval before any benefits are paid. Following the completion of this waiting period, payments for the job search allowance are processed and disbursed. This structure ensures a defined period for claim verification before financial assistance is released to eligible retrenched workers.
Job Search Allowance Payment Timeline

Payment for the job search allowance is initiated immediately after the mandatory seven-day waiting period concludes. This waiting period commences from the date the claim for benefits has been officially approved. The structure aims to provide a clear and consistent timeline for when retrenched employees can expect to receive their financial support.
Allowance Rates and Eligibility

The job search allowance is tiered, with rates decreasing over the period of eligibility. For the first month, recipients receive 80 per cent of their assumed monthly wages, followed by 50 per cent in the second month. For the third and fourth months, the allowance drops to 40 per cent, and for the fifth and sixth months, it is 30 per cent. Payment periods are determined by contribution qualifying conditions outlined in the Fourth Schedule of the proposed EIS Bill.
Early Re-employment and Other Allowances

An early re-employment allowance is available, providing 25 per cent of the total job search allowance if an individual accepts a job offer and commences duties within the initial waiting period. Additionally, the scheme includes provisions for reduced income allowance for those with multiple jobs who lose one but not all employment, and a training allowance for individuals undertaking approved training programmes. The training allowance is paid at 25 per cent of assumed monthly wages, with daily minimum and maximum rates of RM10 and RM20 respectively, and is active during the job search allowance period but not exceeding 12 months.

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When is the waiting period for EIS claims, and how is payment made?

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