Prime Minister Tun Dr Mahathir Mohamad launched the Malaysia@Work initiative in International Social Well-being Conference 2019 on Nov 21. — BernamaThe Malaysians@Work initiative will commence in stages beginning in the second quarter of next year, Finance Minister Lim Guan Eng said today.
“Any excess amount of the wage incentive will be credited into a special account created by the EPF that allows for flexible withdrawal, any amount, whenever needed,“ he said in his opening remarks during the International Social Well-being Conference 2019 and the launch of Malaysia@Work here today.Also present was the Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail and Youth and Sports Minister Syed Saddiq Syed Abdul Rahman.
Also included in the initiative are Women@Work which aimed to attract talent among qualified women and Locals@Work to promote dangerous, dirty and difficult, or 3D, jobs to Malaysians. With the statutory contribution already covered by the wage incentive, the account holder salary would not be deducted for employees contributions.
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