Socso defends changes to contributions
Published on: Sunday, February 19, 2017
PETALING JAYA: The Social Security Organisation (Socso) said it will go ahead with the move to raise the ceiling of wages for contributions as per the law."Socso would like to reiterate that the amendments to the Employees' Social Security Act 1969 to increase the ceiling of monthly wages for Socso contributions from RM3,000 to RM4,000 were done according to due process."The matter has been deliberated at length at the board level with members comprising representatives from employers and employees," said Socso CEO Datuk Mohammed Azman Aziz Mohammed in a statement.
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He said there were four representatives each from employers' associations and employees' associations in the Socso board, which include Malaysian Employers Federation (MEF) as well as one representative from Sabah and Sarawak."This well-balanced representation of both employers and employees in Socso's board shall fairly and effectively facilitate the board's policy decision.Stay up-to-date by following Daily Express’s Telegram channel.
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