In order to ease the burden of the unemployed, the government has introduced the unemployment assistance (Bantuan Kehilangan Pendapatan). This benefit will be distributed to those who are unemployed from March to June of this year.
RM500 Unemployment Assistance Payment is available from October 26th. To be eligible for RM500 Unemployment Assistance Payment (BKP), you must meet two conditions.
The first condition is that you must have paid at least 6 months of EPF or SOCSO in 2020.
The second condition is that you must not have paid EPF and social insurance for 3 consecutive months by June 30, 2021. This means that you must not have paid CPF and social insurance in April, May and June of 2021.
The RM500 unemployment benefits will be paid directly into the beneficiary’s bank account. For those who do not have a bank account, they can go to the nearest National Savings Bank (BSN) to receive their unemployment benefits in cash.
You can also visit https://bkp.hasil.gov.my/ to check if you are a beneficiary of unemployment assistance.
