Government to subsidise 80% of insurance cost for self-employed, gig workers starting next year

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KUALA LUMPUR: The government will subsidise 80% of the cost of insurance under the Social Security Organisation (Socso) for self-employed and gig workers beginning next year, says Datuk Awang Hashim.

"The government has agreed to subsidise up to 80% of RM238 insurance cost for the gig workers under the scheme.

Currently, the government contributes 70% to Socso's Self-Employed Social Security Scheme for registered self-employed or gig workers and contributions by the government presently range from RM163.00 from RM232.80 per year for protection under the scheme.Awang said the insurance scheme would not only offer protection to contributors but would also benefit their spouses and children.

Meanwhile, Awang lauded a suggestion made by Fahmi Fadzil to expand the scope of the insurance protection to cover delivery riders who had registered themselves with delivery companies under the names of their family members. "How many riders have registered under this manner and can they also be given protection?," Fahmi said.

Source: Insurance Report (insurancereport.net)

 

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