KUALA LUMPUR: The Dewan Negara sitting today approved two Bills under the Ministry of Human Resources (KESUMA) related to the employment insurance sys...
: The Dewan Negara sitting today approved two Bills under the Ministry of Human Resources related to the employment insurance system and social security of workers that aim to improve the rights and welfare of workers in this country.
When wrapping up the debate on the Employment Insurance System Bill 2024, Sim said the bill was one of his ministry’s efforts towards strengthening the coverage with social protection, family institutions and driving the reform of the national labour market. “This salary ceiling increase will improve the social security protection benefits of the Social Security Organisation under Act 800 which will guarantee the social well-being of benefit recipients with existing benefits,“ he said.
“This employment insurance system is to ensure that if they are unfortunate enough to lose their jobs due to closures and so on, then they have a ‘safety net’ and this amendment will ensure that these workers not only enjoy the social safety net but also get more than 20 per cent interest,” he said.
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