Budget 2024: RM200mil allocation will enable new Socso initiatives

PETALING JAYA: Indonesian Jeffer Rosobin has been appointed as the Badminton Association of Malaysia's (BAM) new head of the junior department, replacing Datuk Misbun Sidek.

PETALING JAYA: The Budget 2024 allocation of more than RM200mil for the Social Security Organisation to empower the social protection network and to spur the labour market is in line with the Federal Government's structural reformation agenda.

These include two new ones, namely to ease the integration of targeted groups into the public sector and raise the salary ceiling for Socso contributions from RM5,000 to RM6,000.Sivakumar said this would increase cash benefits by 20.2%, benefitting 1.45 million workers and their dependents. Sivakumar said RM35mil was allocated for the Career Training Programme and RM30mil for the Private Sector Work Support Scheme.

Sivakumar said the policy to hire 1% of disabled workers would be extended to former prisoners and senior citizens at various government ministries, government-linked investment companies and government-linked companies .

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