Achi Biz GuidesWork Permit For Worker

Monthly:

• Pay the Foreign Worker Levy

As and when required:

• Notify MOM of any changes
• Apply for levy waiver
• Renew the Work Permit
• Replace the Work Permit
• Cancel the Work Permit

Security bond requirements for foreign worker

You must buy a security bond for each non-Malaysian foreign worker you employ. You can buy the bond at any bank or insurance company.

What is a security bond

A security bond is a binding pledge to pay the government if either you or your worker breaks the law or Work Permit conditions. The bond is in the form of a banker’s or insurer’s guarantee.

• You must buy a $5,000 security bond for each non-Malaysian Work Permit holder you employ.
• You cannot ask your worker to pay for the bond.

When to buy the bond

Before your worker arrives in Singapore, you must:

1. Buy a security bond.
2. Get your insurer to send the security bond details to MOM. It usually takes up to 3 working days.
3. Ensure that the security bond takes effect when your worker arrives.
4. Log in to WP Online to check the security bond status and print the security bond acknowledgement letter. Send your worker a copy of the letter.

If you do not complete the steps above, your workers will be refused entry into Singapore and you will have to pay to send them home immediately.

When will the bond be discharged

You will be discharged from the security bond liability for a worker only if you meet all of these conditions:

• You have cancelled the Work Permit.
• The worker has returned home.
• You did not breach any of the conditions of the security bond.

If all conditions are met, the security bond will usually be discharged one week after the worker left Singapore.

You’ll be notified by post when the security bond is discharged.

When the bond will be forfeited

Your security bond may be forfeited if any of these happens:

• You or your worker violates any of the conditions of the Work Permit or security bond.
• You don’t pay your worker’s salary on time.
• You fail to send your worker home when the Work Permit is expired, revoked or cancelled.
• Your worker goes missing.

You will not be liable for your workers’ violations (such as those relating to pregnancy) if you can prove that you have:

• Informed them of the Work Permit conditions they must comply with.
• Reported a violation when you first become aware of it.

You need to buy a medical insurance plan for each foreign worker you employ. You also need to submit the insurance details online before the Work Permit can be issued.

What it should cover

As an employer, you must buy and maintain medical insurance coverage of at least $15,000 per year for each Work Permit holder.

The insurance should cover inpatient care and day surgery, including hospital bills for conditions that may not be work related.

You can have a co-pay arrangement with the Work Permit holder only if all of the following are met:

• The medical treatment is not for work-related inpatient expenses.
• The co-pay amount is reasonable and does not exceed 10% of the worker’s monthly salary.
• The duration co-payment does not exceed 6 months.
• The co-payment option is explicitly in the employment contract or collective agreement and has the worker’s full consent.
  Note:

You cannot pass on the cost of purchasing the medical insurance to Work Permit holders.

Submit insurance details

You need to submit medical insurance details online before you request to issue or renew a Work Permit, and when the details change.

To update the information, log in to WP Online.

You need to keep the following information up to date:

• Name of Insurer
• Insurance policy number
• Insurance policy commencement date
• Insurance policy expiry date

Click the below link to learn more about upcoming enhancement of Medical Insurance to S Pass & Work Permit holders including Domestic Helpers

Enhanced Coverage For SP, WP-FW & WP-FDW