80% incentive for Socso contributors under self-employment scheme

The government has provided an incentive of 70% of RM232.80 to self-employed Socso contributors this year. – The Malaysian Insight file pic, November 17, 2021.

THE government is expected to provide up to 80% incentive to contributors of the Social Security Organisation (Socso) under the Self-Employment Social Security Scheme next year.

Deputy Human Resources Minister Awang Hashim said the government provided an incentive of 70% of RM232.80 this year, which is the total contribution paid by contributors in a year.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!

Sign up or sign in here to comment.