Home / Malaysia Employment & Labor Law / Benefits, EPF, Pensions & SOCSO SOCSO Permanent Disability Benefit SOCSO Permanent Disability Benefit

SOCSO Permanent Disability Benefit (modified 0 times) nhk_188 Profile Dear Lawyerment I write to you hoping that you could shed some light as to my concern. I am currently receiving SOCSO Permanent Disability Pension. My monthly pension is insufficient to cover my monthly household expenses. Given that situation, in order to earn more income, I decided to start my own business. Question No. 1: My predicament starts here: I wanted to start a Sdn Bhd company where I will be the shareholder and director. If I were to start earning income (earning income = dividend and salary) from my business; Will SOCSO terminate my Permanent Disability Pension? Question No. 2: If SOCSO were to terminate my Permanent Disability Pension (once I receive earning income) and if my business fails - then I will be ending up with zero income. It will be a nightmare for me and my family. What should I do? Could you please advise me? Looking forward to your feedback and advise. Thanking you in advance Regards nhk 04 Mar, 2010 10:33:14

Disclaimer - Please Read Carefully

These Bulletin Board pages are intended as a public service primarily to allow non-lawyers and lawyers to share experiences and opinions with other non-lawyers and lawyers. They are NOT intended to be a source of advertising, solicitation, legal advice, self-promotion or disparagement. Lawyerment assumes absolutely no responsibility for postings or their content. Visitors may post questions, comments and replies without prior review by Lawyerment, but we reserve the right to delete any postings (in whole or in part) for any reason at any time.
However, the fact that a posting remains on site NEVER means that it has been approved or endorsed by Lawyerment. By making a posting you are agreeing that the material you post becomes the property of Lawyerment. Lawyerment is a unit of Magnificent Communication. Visitors should exercise great caution when reading this (or any other) Bulletin Board. Be aware that those who post messages may not be who they claim to be. Never to rely on any advice in legal matters except from an attorney you have retained to represent you and your interests. To locate and retain an attorney we suggest you visit our Lawyerment Lawyers' Directory.
Click here to visit Lawyerment.com for 1000's of answers to legal questions. Please read our Privacy Policy and Disclaimer & Conditions Of Use.
Copyright © 1999-2011 Lawyerment.com. All rights reserved