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Legislative Update for PeopleSoft HCM Global Payroll Malaysia

Paul Smit
Director Product Management

The Malaysian Government has formulated an Act for the Employment Insurance System to be administered by the Social Security Organization. The Act provides certain benefits and a re-employment placement program for insured persons in the event of loss of employment.

Note that this Act comes into operation on a date to be appointed by the Minister by notification in the Gazette. Oracle is closely monitoring this legislation and will keep customers abreast with the latest information.

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