Up to 80 pc incentive for contributors under social security scheme for the self-employed next year – Community News
Social Security

Up to 80 pc incentive for contributors under social security scheme for the self-employed next year

Deputy Human Resources Minister Datuk Awang Hashim speaks at a press conference at the parliament building in Kuala Lumpur on Oct. 11 – Bernama photo

KUALA LUMPUR (November 17): The government is expected to give premiums of up to 80 percent next year to Social Security Organization (Socso) contributions under the Social Security Scheme for Self Employed.

Deputy Human Resources Minister Datuk Awang Hashim said that for this year, the amount of encouragement or subsidy provided by the government was 70 percent of RM232.80, which is the total contribution paid by donors in a year.

“Only RM20 to RM30 more will be paid by donors in a year with the new incentive,” he said during the question-and-answer session at the Dewan Rakyat today.

He was responding to a question from Datuk Mohd Salim Sharif (BN-Jempol) about efforts to encourage those involved in p-hailing and e-hailing to contribute to the Socso Protection Scheme and the Employment Insurance System (SIP).

Awang said there are four subscription option plans under the Self-Employment Social Security Act (Act 789), which are RM157.20; €232.80; €442.80; or RM592.80 for one year of coverage.

He said self-employed workers involved in p-hailing are required to register and contribute to Socso.

This, he said, was in line with the publication of the Social Security Scheme for Self-Employed Persons (Fees for Contributions for Persons Carrying out Transport Services and Delivery of Goods or Food) 2021 of September 21, which came into effect on October 1.

Therefore, self-employed workers involved in transportation services and the delivery of goods or food must register and contribute to Socso from Oct. 1, he added.

Awang said the government has made continuous efforts to increase the contributions of Socso and SIP protection schemes, especially for individuals involved in p-hailing and e-hailing. – Bernama