PRIHATIN Economic Stimulus Package: Salary Subsidy Programme Offers RM600 A Month For Eligible Employees; RM500 One-Off For Public Servants
Author Avatar

As part of the new PRIHATIN Economic Stimulus Package, Prime Minister Tan Sri Muhyiddin Yassin announced the Salary Subsidy Programme as a measure to prevent employees from being let go and lose their income. In addition, he also announced a one-off payment for all public servants.

The Salary Subsidy Programme is designed to assist employers to keep employees employed. “In these difficult times, I do not want to see employees being laid off and lose their income,” the Prime Minister said.

Through this programme, the Government will offer a RM600 salary for three months to all employees who fulfill the following conditions:

  • earning less than RM4,000 a month, and
  • their employers have suffered a loss in income of more than 50% since 1 January 2020

In exchange, employers must ensure they do the following:

  • must not lay off any staff or force them to take unpaid leave
  • must not cut the salaries of existing staff

According to the Prime Minister, this programme will benefit 3.3 million employees around the country, and will take up RM5.9 billion of the PRIHATIN Economic Stimulus Programme’s RM250 billion budget.

In addition, Tan Sri Muhyiddin also announced that public servants will receive a one-off payment to assist them during the pandemic. All 1.5 million public servants of Gred 56 and below (including those under contract) will receive a one-off payment of RM500 in April 2020. On top of that, eligible retired government servants will also receive a one-off assistance of RM500, benefiting over 850,000 retirees. This payout will also be done in April 2020.

0 0 votes
Article Rating


Comments (0)

Notify of

Inline Feedbacks
View all comments
Top Personal Finance News Articles
Post Image
Petrol Price Malaysia Live Updates (RON95, RON97 & Diesel)
The RinggitPlus Team
- 30th November 2022
We provide weekly updates on every Friday at 5pm on the prices of RON95, RON97 and Diesel in Malaysia and a chart that shows the movement of fuel prices across a 6-week period. Bookmark this page now!
Post Image
Astro 4K Ultra HD Broadcast To Be Available For Subscription By The End of This Year
Brian Chung
- 14th August 2018
By the end of 2018, Astro customers will be able to watch football matches in Ultra HD. Read on to know more about the 4k Ultra HD service.
Post Image
Touch n Go RFID: What Malaysian Road Users Need To Know
Jacie Tan
- 10th August 2018
Everyone’s talking about Touch ’n Go RFID being used at Malaysian highway tolls soon – here’s what you need to know about it.
Post Image
Best High Interest Savings Accounts In Malaysia (October 2022)
Pang Tun Yau
- 5th October 2022
Make your money work for you by depositing them into the best high-interest savings accounts in Malaysia!

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image