KUALA LUMPUR – Improving the welfare of informal workers will continue to be one of the priorities for the government, as highlighted in the 12th Malaysia Plan mid-term review.
Economy Ministry deputy secretary-general of policy Datuk Zunika Mohamed said the government had allocated RM100 million in contribution-matching grants for the Self-Employment Social Security Scheme provided by the Social Security Organisation.
“Additionally, the voluntary i-Saraan programme under the Employees Provident Fund is further boosted by increasing the matching contribution value to the maximum of RM500 per year for each individual,” she said in her opening remarks at the “Informal Employment in Malaysia: Trends, Challenges and Opportunities for Reform” report launching ceremony, here today.
The report was a collaborative effort between the Economy Ministry and the World Bank Group through the Reimbursable Advisory Services, which delves into the analysis of the scale and trend of informal employment and deep dives into the regulations, policies and programs governing informal employment. – February 26, 2024