Government To Provide Up To 80% Incentive For Self-Employed SOCSO Contributors In 2022
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(Image: Malay Mail/Yusof Mat Isa)

Deputy minister of the Human Resources Ministry, Datuk Awang Hashim has said that the government will provide incentives of up to 80% to contributors of the Social Security Organisation (SOCSO) under the Self-Employment Social Security Scheme in 2022.

In comparison, the government has provided a 70% incentive or subsidy for self-employed contributors this year, deducted from an annual contribution of RM232.80. “Only RM20 to RM30 more will be paid by contributors in a year with the new incentive,” said the deputy minister during a Parliament session, adding that this is a step taken to encourage individuals involved in p-hailing and e-hailing to contribute to the SOCSO protection scheme.

(Image: Malay Mail/Firdaus Latif)

To clarify, p-hailing is defined as services involving the delivery of food, drinks, and parcels using motorcycles. Meanwhile, e-hailing is a transport booking service.

Datuk Awang also explained that there are currently four annual subscription plans provided under the Self-Employment Social Security Act (Act 789), priced at RM157.20, RM232.80, RM442.80, and RM592.80, respectively. Each plan corresponds to a specific insured monthly earning band, ranging from RM1,050 to RM3,950. Some of the benefits provided for these contributors via the plans include medical benefits, temporary and permanent disable benefit, as well as funeral benefit – among others.

The deputy minister further reiterated that it is now mandatory for self-employed individuals involved in p-hailing to register and contribute to SOCSO, in line with the gazetting of the Self-Employment Social Security Regulations (Contribution Rates for Persons Carrying Out Transportation Services and Delivery of Goods or Food) 2021. The updated regulation is dated 21 September 2021, and came into effect on 1 October.

Prior to that update, self-employed individuals who were required to register with SOCSO included those who were working in online businesses, agriculture, and IT. Taxi, bus, and e-hailing drivers, too, had to contribute.

(Source: Malay Mail)

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